Understand Your Life Insurance Options If you own life insurance and have held policy(ies) for several years, I wanted to demonstrate a few simple ways to reduce your life insurance premiums substantially compared to what you pay now. Below I explain how with a simple case study. Case Study A 40 year old, non-smoker, […]
Sitting is the New Smoking I recently came across an interesting health article on the value of standing versus sitting while working. There are many articles online if you search “sitting is the new smoking”…here’s just one Here’s Just How Bad Sitting Around Is For You. While I don’t mind sitting while working and have done it […]
Bursting the Bubble on the Canada Pension Plan Perhaps you have heard that the Ontario Retirement Pension Plan (ORPP) is dead now that an agreement to make changes to the Canada Pension Plan (CPP) has been announced. A recent poll was just published saying more than two-thirds of those polled nationwide — 68 per cent support increasing […]
Travel Insurance for Frequent Travelers Here’s a few ways to save money, if you are or plan to be a frequent traveler outside Canada. Multi-Trip Plan If you are a frequent traveler, have you considered “multi-trip” coverage? In a given year, if you take more than three trips out of province (or the US or […]
Annuity Payout Rates I read an interesting US technical article on Annuity Pricing Sensitivity and while the scope of the article is very detailed, one chart showing the payout rate versus age got my interest, as shown below. As I get a lot of requests for annuity quotes, I thought Canadians might find the data interesting if […]