Proposed Group RRSP for Employees

1)      This Group RRSP is designed for employees that receive T4 income. And you must be between the ages of 18 and 65 to participate. 2)      We have already determined the maximum you can receive at age 65. Based on today’s calculations, you could receive up to approximately $1,150 per month. However, there are some conditions. You need to contribute for at least 39 years … Read More

22 Qualities our Clients want their Investments to Provide

Allan is an investment and insurance advisor who has been in the business for over 20 years. He manages the investments, life insurance, and financial well-being of over 400 families. We have asked our clients, what would the perfect investment look like to you? Below is what they told us. Although traditional investments cannot provide all of these qualities, we do … Read More

Insurance Backwards Calculations

If you looked at a typical life insurance sale, you might also conclude that it’s kind of backwards. Think about this: if you take 1000 people from birth to death, 75% are still alive at age 65. So, it would be safe to say that statistically speaking, 3 out of 4 people will die after age 65. Yet the typical … Read More

Financial Planning or Cashflow? Get more life from your money.

Financial Planning or Cashflow? Get more life from your money

Recently I’ve had a hard time justifying the time spent on conventional financial planning. The financial industry has always taught a very limiting “Needs Based” approach. It’s limiting because all it does is try to help someone figure out what they want in the future, which is very, very difficult if not impossible to do. We identify your goals in … Read More

Fixed and Variable Mortgage Rates

Fixed Mortgage Rate or Variable? Let's look at the history

I’ve been doing a little research comparing Fixed Mortgage Rates and Variable Mortgage rates over the past 25 years (1986 – 2010). Most mortgages I see are Fixed Rate Mortgages rather than Variable Rate Mortgages. However, if we compare the actual average interest rate over the past 25 years, you will see that Variable Rate Mortgages had a lower average … Read More

More Practical Wisdom from Allan Johnson

The best time to invest is when you have the money The most important factor in determining how soon you will make money or lose money is the price you pay when you invest A profit is only a profit when you take it The best way to invest is cautiously & regularly When prices are high, buy less, when … Read More