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Expert pre-retirement planning in Ontario & British Columbia. Optimize your RRSP, TFSA and pension before retirement. Sunil Heda, CPA (US), CIM®, Vaughan, GTA. Pre-Retiree Prepare for Retirement Steps to follow: Assess Retirement Needs & Goals: Begin by understanding your retirement aspirations. What do you want your retirement to look like? We'll help you identify your goals. Evaluate Financial Situation: Let's take a deep dive into your financial situation. We'll assess your assets, investments, and savings to determine your readiness for retirement. Create a Strategic Retirement Plan: Together, we'll craft a personalized retirement plan that aligns with your goals and financial situation. This plan will be your roadmap to a worry-free retire men Learn More > RRSPs and TFSAs - Which one is right for you? When it’s time to decide which mix of savings vehicles is right for you, your options can start looking like a hearty bowl of alphabet soup. Learn More > Registered Retirement Savings Plan (RRSP) Almost everything you need to know about RRSPs. If you are like most Canadians, chances are you could use some help when it comes to saving for retirement. When used to its full advantage, an RRSP can be a powerful tool that can save you money. Learn More > Tax Free Savings Account (TFSA) - The Facts Whether you are saving for the shorter term, or the long term, a TFSA can be a valuable addition to your financial strategy. It’s a powerful tool to save money in a tax free environment. Learn More > Learn More > Live life to the fullest Canadian life expectancy is on the rise, thanks to advancements in modern science and a focus on healthy living. The good news is, on average, Canadians are now living well beyond 85 years. However, with longer life comes the increased risk of outlasting your retirement savings. It's a concern shared by more than 60 percent of Canadians who worry about having enough financial security for their retirement years. Your retirement should be a time to live life to the fullest, to pursue your passions, and enjoy the fruits of your labor. To make the most of these precious years, it's crucial to plan wisely. Insightful Videos Play Video Play Video 03:10 Life & Money Matters - Retirement realities for boomers Play Video Play Video 01:42 Mortgages in retirement Play Video Play Video 01:12 Retirement Planning with GIF 100/100 Play Video Play Video 01:46 When should you start saving for retirement? You don’t need a lot of money to begin saving for retirement. It’s not always possible to invest large amounts to save for retirement, but it’s also not necessary. Play Video Play Video 02:12 Life & Money Matters - Top Retirement Planning Concerns Peter Wouters, Director, Tax Retirement & Estate Planning Media headlines and market uncertainty have left many aging investors with the feeling “I’m worried that I won’t have enough”. In this first segment of Life & Money Matters, Peter shares some of the top retirement planning concerns among investors. Play Video Play Video 01:09 What is an RRSP? Did you know the Canadian government gives financial incentives to help you save for your retirement? Find out more about registered retirement savings plans. What is an RRSP? Simply put, a Registered Retirement Savings Plan, or RRSP, is a special type of savings account that helps Canadians save for their retirement. How does an RRSP work? Contributions you make to an RRSP are tax-deferred, meaning the money is only taxed when you withdraw it. For most, withdrawing from your RRSP at a later point in life means paying much less tax. Any money put into an RRSP, up to the annual limit, reduces your taxable income for that year. Your annual limit is a percentage of your earned income plus unused room from earlier years. You can hold a variety of investments in your RRSP, like stocks, bonds, GICs, and mutual funds. Because income earned inside an RRSP isn't subject to tax until it's withdrawn, RRSPs are a powerful way to save for your retirement. Find more tips and tools at sunlife.ca. Life's brighter under the sun. Learn more about RRSPs: https://www.sunlife.ca/ca/Investments/RRSP+TFSA+and+RESP/Registered+retirement+savings+plan+RRSP?vgnLocale=en_CA Play Video Play Video 01:56 Where will your retirement income come from? To ensure you have the retirement you dream of, there are a few important points you may want to work out before that day comes. Play Video Play Video 02:24 Retirement Planning - My Money Tools Video. Do you want to find out if the money you are saving today supports your retirement goals? If you are not sure, it's time to learn why it is important to use the Retirement Planner calculator and the Asset Allocation tool.

Life, critical illness, disability & travel insurance in Ontario & British Columbia. Sunil Heda, CPA (US), CIM®, Life Insurance Advisor. Vaughan, GTA Risk & Insurance Management Risk Management & Insurance Solutions Income protection, Asset protection, Family protection, Estate protection Insurance Coverage Types: Life Insurance, Critical Insurance, Disability Insurance Insurance Solutions: Term Life, Permanent, Individual Life, Joint Life, Wholelife, Universal Policies etc. Travel Insurance Health and Dental Plans Group Insurance Plans Annuities: Term certain, lifetime Income solutions Segregated Funds, Pension Plans Schedule A Call Back > Schedule A Call Back > Life Insurance Term Life Universal Life Whole Life Individual and Corporate Insurance Participating insurance Permanent Life Life Insurance Quote > Schedule A Call Back > Insurance BMO Insurance Critical Illness Insurance A critical illness doesn’t discriminate – men and women of all ages and occupations feel its impact. Click here to take a glimpse at some of the critical illness claims and benefits you can be eligible for when you are covered by insurance. Critical illness insurance helps cover the unexpected costs and potential loss of income associated with a serious illness. From the additional costs associated with medicine and treatment, to travel, home care and specific accommodations if needed, treating and recovering from an illness can have a devastating financial impact. Plus, if you’re unable to work during your recovery, the impact is even greater. With critical illness insurance, if you become sick with one of the covered conditions covered by your policy and survive the waiting period, you receive a cash benefit. You can then use the funds as you wish. Critical Illness Insurance Basic Critical Illness Insurance Book Now > Critical Illness Quote > Travel Insurance Traveling Canadians (Including Travel 80 Term) Visitors to Canada (including Super Visa) Traveling Student Travel 80 Term Visitor Travel Insurance Quote > Travelling Canadian Quote > Book Now > Anchor 1 Anchor 2 Health and Dental Plans Association Plans Flexcare Plans FollowMe Health Plans Association Health & Dental Plans Book Now > Schedule A Call Back > Disability Insurance Disability insurance helps protect your income and business if you become disabled and can’t work. With different products available for full-time, part-time or home-based workers, disability insurance is the perfect solution for professionals, business owners, business executives and other employed Canadians. An individual disability insurance plan can help you meet your income requirements so you can concentrate on recovering and returning to an active life. Whether you need to secure your main source of income or supplement the coverage you receive from your employer or an association, disability insurance can help by providing a comprehensive and portable plan you can rely on throughout your working years. Executives & Professionals Paycheque Insurance Overhead Expense Plan Buy-Sell Plus Personal Accident Professional Graduates Disability Insurance Quote > Insightful Videos Play Video Play Video 02:33 Interest Rate vs. Interest Cost Play Video Play Video 01:22 What's the best way to create a workplace mental health strategy? Part of Manulife's series on employee burnout. Dr. Georgia Pomaki discusses steps managers and organizations can take to prevent employee burnout and protect mental health in the workplace. https://www.manulife.ca/business/news/group-benefits-news.html Play Video Play Video 01:15 Access your group benefits card on your phone Learn how to view and download your group benefits card to your mobile device, through the Manulife Mobile app. https://www.manulife.ca/personal/group-plans/manulife-mobile-app.html Play Video Play Video 00:56 Check your claim coverage and balances Need to check your Manulife Group Benefits claim coverage and balances? Watch this video to learn how to do it on the go, right from your phone. https://www.manulife.ca/personal/group-plans/manulife-mobile-app.html Play Video Play Video 00:13 You're Not Alone! Life Insurance Awareness Month. Learn more at www.empirelife.ca! Play Video Play Video 00:13 77% Connect with a financial professional for help Play Video Play Video 00:33 Why Empire Life PAR? Play Video Play Video 02:58 Making time for group benefits has never been easier For many small business owners, the lack of time is a key barrier for implementing a group benefits plan. But the thing is, you may not actually need a lot of time, or an extra staff member to have a valuable program in place.

Maximize tax savings with TFSA, RRSP, RESP, RDSP and LIRA in Ontario & British Columbia. Tax-efficient investment planning by Sunil Heda, CPA (US), CIM®. Tax Wise Investor Registered Education Savings Plan (RESP) The Basic Canada Education Savings Grant (and other government grants) and tax-deferred growth make RESPs an attractive way to save for the rising cost of a child's education. Learn More > A TFSA is a flexible, general-purpose savings vehicle that allows you to make contributions each year and to withdraw at any time in the future. A TFSA provides you with a powerful incentive to save by allowing the investment growth to accumulate and be withdrawn tax-free. However, unlike an RRSP, you cannot claim a tax deduction for contributions you make to a TFSA and your withdrawals are added back to your unused contribution room for the following year. Learn More > Tax-Free Savings Account (TFSA) Registered Retirement Savings Plan (RRSP) RRSPs provide a significant opportunity for Canadians to save, and investors generally recognize them as the best way to save for retirement. Key benefits of a Registered Retirement Savings Plan (RRSP): Investments compound tax-deferred as long as they remain in the plan Choose your investments from a wide range of options Contributions are tax-deductible Learn More > Spousal Registered Retirement Savings Plans (SRRSP) Now that we have pension income splitting, are spousal RRSPs a thing of the past? At first glance, it would appear that Spousal Registered Retirement Savings Plans (RRSPs) are no longer needed because the pension income splitting rules allow couples to split their income once their RRSPs become Registered Retirement Income Funds (RRIFs). Nevertheless, there are situations in which spousal RRSPs can offer some advantages. Learn More > Registered Disability Savings Plans (RDSP) Learn More > People with disabilities and their loved ones face a distinct set of financial challenges throughout their lives. To help address these challenges, in 2008 the Government of Canada introduced the Registered Disability Savings Plan (RDSP). Designed to help build long-term financial security for disabled persons, the RDSP makes it easier to accumulate funds by providing assisted savings and tax-deferred investment growth. Charitable Giving Giving to charity is a strong tradition in Canada but with cutbacks, the amount of public funding received by charitable organizations from the government has been dramatically reduced. This leaves many organizations in a precarious financial situation: with more fiscally conservative governments, ageing populations and escalating operational costs, many charities are faced with the reality of being unable to maintain effective levels of service. Learn More > Locked-In Plans Locked-in plans are when employers' and employees’ vested contributions and interest are transferred into a Registered Retirement Savings Plan until the investor reaches a specific age (anywhere from age 50 to 70), depending on the pension legislation applicable to your plan. Locked-in Retirement Account (LIRA), Locked-in Retirement Savings Plan (LRSP), and Restricted Locked-in Savings Plan (RLSP) are locked-in versions of a Registered Retirement Savings Plan (RRSP) to which no contributions can be made. Life Income Fund (LIF), Locked-in Retirement Income Fund (LRIF), Prescribed Retirement Income Fund (PRIF) and Restricted Life Income Fund (RLIF) are locked-in versions of RRIFs. No contributions can be made; withdrawals are subject to annual minimums and maximums. Learn More > This financial tool, when combined with capital gains-generating investments, can be a game-changer for Canadian business shareholders. Key Benefits: Tax Efficiency: The Capital Dividend Account allows you to receive income in a tax-advantageous manner, reducing your overall tax liability. Wealth Growth: By utilizing capital gains-generating investments, you can grow your wealth while enjoying tax advantages. Capital Dividend Account Learn More > Insightful Videos Play Video Play Video 04:36 How to weather market volatility Wondering how you can keep your financial goals on track as the markets fluctuate amid the COVID-19 pandemic? If your long-term goals haven't changed, you may want to stay invested. http://ow.ly/zyZ950yY2YB Play Video Play Video 02:27 What is diversification? Learn, in easy-to-understand terms, what diversification is and why it is important in your investment strategy. Play Video Play Video 01:04 How the Chartered Investment Manager (CIM) designation benefits you The Chartered Investment Manager (CIM®) designation is a leading industry standard for discretionary investment and portfolio management services. It ensures advisors have the knowledge and skills to evaluate and expertly manage all aspects of a client’s investment portfolio. Learn more about how the CIM benefits you by watching this video. Play Video Play Video 01:34 The Benefits of Mutual Fund Investing Learning the basics of Mutual Funds can help you reach your financial goals sooner. Find out about the benefits of Mutual Fund investments such as pooling, the choices available to you, and the value and true cost of investing. Play Video Play Video 46:26 Peter Lynch: The Ultimate Guide To Stock Market Investing Peter Lynch is regarded as one of the world's most successful and well-known investors. Lynch is the legendary former manager of the Magellan Fund at Fidelity Investments, a large financial agency. At the age of 33, he took over the fund and ran it for 13 years. His accomplishment allowed him to retire at the age of 46 in 1990. Lynch's investment technique has been regarded as adaptable to time's economic circumstances, but he constantly highlighted the importance of knowing what you own. Play Video Play Video 02:22 Tax-Managed Investing | How are we going to pay for all this? Part Two Disclosures: Fund objectives, risks, charges and expenses should be carefully considered before investing. A summary prospectus, if available, or a prospectus containing this and other important information can be obtained by calling (800) 787-7354 or visiting https://russellinvestments.com. 𝗣𝗹𝗲𝗮𝘀𝗲 𝗿𝗲𝗮𝗱 𝗮 𝗽𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘂𝘀 𝗰𝗮𝗿𝗲𝗳𝘂𝗹𝗹𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴. Morningstar U.S. Equity Universes includes US Fund Large Blend, US Fund Large Value, US Fund Large Growth, US Fund Mid-Cap Blend, US Fund Mid-Cap Value, US Fund Mid-Cap Growth, US Fund Small Blend, US Fund Small Value, US Fund Small Growth. Methodology for Tax Drag: Includes all open-ended investment products – mutual funds/ETFs that are both active and passive. Tax Drag reflects the arithmetic average of Morningstar Tax Cost Ratio. Data includes all share classes and reflects Morningstar category of US Equity. Morningstar’s tax cost ratio assumes the highest possible applicable tax rates, including the 3.8% net investment income tax. Many investors are not subject to the highest rates. Note that tax drag calculations only apply to taxable accounts. The Morningstar categories are as reported by Morningstar and have not been modified. © 2020 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment. The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional. Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management. Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand. Copyright © 2020 Russell Investments Group, LLC. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investment Group. It is delivered on an “as is” basis without warranty. 𝗥𝘂𝘀𝘀𝗲𝗹𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗺𝘂𝘁𝘂𝗮𝗹 𝗳𝘂𝗻𝗱𝘀 𝗮𝗿𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝗱 𝗯𝘆 𝗥𝘂𝘀𝘀𝗲𝗹𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀, 𝗟𝗟𝗖, 𝗺𝗲𝗺𝗯𝗲𝗿 𝗙𝗜𝗡𝗥𝗔, 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗥𝘂𝘀𝘀𝗲𝗹𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀. First used August 2021. RIFIS 24086 Exp0824 Play Video Play Video 01:33 Impact of withdrawals – Canada Life Your RRSP is made for retirement. Try to find other ways in an emergency or to pay down debt. View accessible version: https://share.vidyard.com/watch/CY4kQhkVMkeoRTJGbUvVHx? Play Video Play Video 00:36 Tax benefits with an RRSP – Canada Life Did you know that contributing to an RRSP can lower your annual income tax? The tax benefits of an RRSP are better than you might think. View accessible version: https://share.vidyard.com/watch/oxoGYy8QNmmottS48wadYJ?

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Bonds can be complex, many investors may benefit by understanding the investing options available and how to access them.

As inflation and interest rates rise, our third annual stress, finances, and well-being survey found that many Canadian workers are under financial stress. 3Join this webinar to learn about strategies you can use to help deal with financial stress in your life, including tips and tools that can help with budgeting, debt, and savings. Register Now: Saturday, May 23, 2026 12:00 P.M., ET

Describe your service here. What makes it great? Use short catchy text to tell people what you offer, and the benefits they will receive. A great description gets readers in the mood, and makes them more likely to go ahead and book.

Describe your service here. What makes it great? Use short catchy text to tell people what you offer, and the benefits they will receive. A great description gets readers in the mood, and makes them more likely to go ahead and book.

Describe your service here. What makes it great? Use short catchy text to tell people what you offer, and the benefits they will receive. A great description gets readers in the mood, and makes them more likely to go ahead and book.