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Financial fallouts: Seven in ten Gen Z’s have argued about finances with loved ones - Charles Stanley - IFA Magazine

Financial fallouts: Seven in ten Gen Z’s have argued about finances with loved ones - Charles Stanley - IFA Magazine

Talking about finances can be a highly personal and sensitive topic area. Whether it’s about people’s individual financial situations, inheritance planning
It's time for an adult conversation about inflation | Investment Executive

It's time for an adult conversation about inflation | Investment Executive

The fiscal stimulus required to support Canadians during the pandemic was always going to be inflationary, no matter what the Bank of Canada did
How to slow down aging without spending a fortune

How to slow down aging without spending a fortune

Discover proven methods to delay aging naturally. Learn science-backed strategies for maintaining youthful skin, energy, and vitality at any age.
Screen time trapping kids in ‘vicious cycle’ of bad behaviour: study - National | Globalnews.ca

Screen time trapping kids in ‘vicious cycle’ of bad behaviour: study - National | Globalnews.ca

While there's a lot of chatter around kids and social media use, the study found that time spent on gaming consoles was particularly damaging.
Surprising study finds this workout adds 10 years to your life – and it’s not running or weight training

Surprising study finds this workout adds 10 years to your life – and it’s not running or weight training

While you probably know that running can reduce all-cause mortality by improving your cardiovascular health, and weight training can do so by preserving muscle mass, and metabolic and bone health, science shows they’re not quite as effective as another form of movement when it comes to living a long and healthy life: tennis.
Certifications mean little to clients. Financial advisors want them anyway

Certifications mean little to clients. Financial advisors want them anyway

Earning and maintaining certifications requires a significant time investment. So why do advisors go through the trouble?
How much life insurance is the right amount? Let’s set up some time to discuss the details such as how long you need it and what kind might be right for you. You can walk out feeling more confident and educated on your options.


Script: How much life insurance is the right amount? Simply put, the amount of life insurance you need depends on your unique situation. A good place to start is to figure out how much life insurance you may need… how long you need it for… and what kind might be right for you. Let’s look at an example: Jackie is 33 years old… and has two kids. She has four goals for her life insurance: Leave money to her family to pay off her mortgage. Top up her kids’ registered education savings plans. Pay off her student loans. And, replace her income for 10 years. Based on these goals, Jackie is looking at a 1-million-dollar life insurance policy. If she died, her family could choose to use the insurance payout to: Put 300-thousand dollars toward the mortgage. Add 60-thousand dollars to the kids’ RESPs. Pay off her 40-thousand-dollar student loan. And… cover the family’s ongoing costs with the remaining 600-thousand dollars. How much do life insurance payments cost per month? In Jackie’s case, a 1-million-dollar, 30-year term policy for a non-smoking, 33-year-old woman… could cost about 80-dollars per month. For a man of the same age, it’s closer to 110-dollars per month. How long do you need your coverage to last? For a younger person… or a couple with debt and a mortgage, a 30-year policy or longer may be suitable. For someone in their forties… with little debt and a small mortgage… a 20-year policy might be the right fit. What are your options? Your employer may offer life insurance through your employee benefits. But… it may not be enough. And you can lose that coverage if you change employers. You may want to consider more life insurance. In which case, you have two types to choose from: Term life insurance. And… permanent life insurance. Any amount of life insurance can help give your loved ones some financial security when you die. Your unique situation will inform the amount and type of insurance you need. For more tips and tools, visit sunlife.ca.
Ways to give money to grandchildren who have maxed out their RESPs

Ways to give money to grandchildren who have maxed out their RESPs

Ways to give money to grandchildren who have maxed out their RESPs
How cryptocurrencies work and  what investors need to know

How cryptocurrencies work and what investors need to know

Boost your knowledge with this helpful article.


The opinions expressed in this article are of the fund company that owns this content and do not constitute professional advice or recommendation, nor do they reflect the official position of Sun Life. Please seek advice from a qualified professional, including a thorough examination of your specific legal, accounting and tax situation.
Tax-saving ideas for retired couples in Canada

Tax-saving ideas for retired couples in Canada

Check out this new resource I found!


The opinions expressed in this article are of the fund company that owns this content and do not constitute professional advice or recommendation. Please seek advice from a qualified professional, including a thorough examination of your specific legal, accounting and tax situation.
How should Ramona invest a critical illness insurance payout of $300,000?

How should Ramona invest a critical illness insurance payout of $300,000?

How should Ramona invest a critical illness insurance payout of $300,000?
Should you buy a house during a recession? The pros and cons of making a home purchase in shaky economic times

Should you buy a house during a recession? The pros and cons of making a home purchase in shaky economic times

While prices and buyer competition have declined — offering the perfect opportunity for purchasers ready to enter the market — it’s brought on by Canadian consumer confidence taking a hit, with economists warning of a modest recession given the current trade uncertainty with the U.S.
Bank of Canada holds interest rate at 2.75% again as 'uncertainty remains high'

Bank of Canada holds interest rate at 2.75% again as 'uncertainty remains high'

Bank of Canada holds interest rate at 2.75% again as 'uncertainty remains high'
The true cost of owning a dog - It's Your Money

The true cost of owning a dog - It's Your Money

Adopting a dog from a local shelter in Canada typically costs between $300 and $600. This usually includes vaccinations, spaying or neutering and a basic health check. If you’re getting a dog from a breeder, expect to pay anywhere from $1,000 to over $3,000, depending on the breed.
Balancing home-buying dreams with financial realities

Balancing home-buying dreams with financial realities

One of the first thing Rampersad does when she works with a client looking to purchase their first home is help them register a First Home Savings Account (FHSA), which allows clients to reduce their taxation on their first home purchase.

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We are contracted with Sun Life Financial Distributors (Canada) Inc., a member of the Sun Life group of companies. Mutual funds distributed by Sun Life Financial Investment Services (Canada) Inc.