Investment Planning
Building long-term wealth means choosing strategies that align with your goals, tax situation, and stage of life. Whether you’re an incorporated professional, a business owner, or simply looking to invest wisely, Mathew helps simplify the complex to design a plan that fits you today and supports your future ambitions.
Individual Pension Plans (IPP)
An IPP is a defined benefit pension plan designed for business owners and incorporated professionals, offering higher annual contribution limits than an RRSP and greater retirement security with tax-deductible corporate contributions.
Registered Retirement Savings Plans (RRSP):
Registered Retirement Savings Plans allow you to grow your investments tax-deferred while reducing your taxable income today, making them an essential tool for retirement savings and long-term financial planning.
Tax-Free Savings Accounts (TFSA):
Tax-Free Savings Accounts let your investments grow tax-free and allow for withdrawals at any time without tax consequences, offering flexible savings for both short- and long-term goals.
First Home Savings Accounts (FHSA):
The First Home Savings Account (FHSA) lets eligible Canadians save up to $8,000 annually tax-free, up to a $40,000 lifetime limit, to buy their first home—combining the benefits of an RRSP and TFSA to grow savings faster for a future home purchase.
Credit proofing your assets:
Whole life insurance policies provide tax-exempt investment growth within the policy and are a valuable tool for sheltering surplus corporate earnings, creating liquidity and flexibility without triggering immediate tax consequences.
Using Whole Life Insurance for Tax-Exempt Growth and Sheltering Retained Earnings:
The adage, “Don’t put off until tomorrow what you can do today” is particularly true of retirement planning.
Funding retirement or staying within your budget during retirement demands commitment. Undoubtedly, it is an obligation that entails sacrifice and careful planning. Although this commitment is extremely important, few find the time to adequately address their future income needs.
The situation is compounded by the myriad of institutions claiming to have the solution. The outcome is typically confusion, which leads to inaction.
We can help you to create an understandable saving and investing strategy designed to provide a favourable retirement outcome.
The process entails an analysis of relevant factors, such as government programs, pensions, other sources of retirement income, historical rates of inflation indexing and life expectancy.
Clients are frequently surprised to discover the confidence that evolves from proper planning.
Whether you’re just getting started or reevaluating your current investment plan, thoughtful guidance makes all the difference. Let’s work together to build a strategy that grows with you. Book a meeting with Mathew and take the next step toward your financial goals.