IAB & Associates Financial Solutions Inc.
Languages spoken: English, Spanish
How we can help
With years of experience in the financial services industry, our team is ready to help you take the next step in your journey. Let’s assess your current situation as well as your future goals. Together, we’ll create a strong roadmap that will allow you to feel financially prepared for the future. Regardless of your unique situation, we can help. Contact our office to get started.
Financial planning to support your needs
Your financial strategy is as unique as you are and together, we can create a roadmap that will help you step towards financial planning success. By assessing your current situation, we can have a clear and comprehensible vision of the route you will need to take.
At IAB & Associates Financial Solutions Inc. our mission is to empower you to achieve your wealth, business, and retirement planning goals. We will help take you through a pathway from where you currently are to where you want to be with a comprehensive financial plan that will help you achieve financial independence.
We understand that financial planning can be sometimes overwhelming as there are many options to choose from. Our team of professionals can help you create a clear and easy to understand strategy suited to your personal needs so you can work on growing and protecting your wealth.
This becomes your doorway to financial security!
Our Commitment to Clients
- Trustworthy: Clients are our top priority. We are committed to giving advice and strategies tailored to your unique needs.
- Approachable: We maintain a welcoming and approachable environment where you will feel safe and heard. This is conducive to the long-term relationships we forge.
- Understanding: We prioritize understanding and empathy when working with Clients. We are committed to providing a supportive and open environment where you can feel comfortable discussing your financial goals and challenges.
- Reliable: Education is a fundamental aspect of our background and beliefs. We are dedicated to staying well-informed of the current trends and regulations to empower you with the financial knowledge you need to make informed decisions.
- Dedicated: Our dedication is unwavering. We are fully invested in your success and work tirelessly to ensure that we deliver the best possible outcomes.
We are licensed to serve you in the provinces of Ontario and Alberta. Our office is conveniently located in Richmond Hill, Ontario, where we are happy to accommodate in-person or virtual appointments.
Products and services
Health insurance products
Life insurance products
Saving, budgeting and investing
What Clients have to say
"We were not sure when we could retire, so Ivan is someone that put a plan for us and he has done an excellent job"
Marcela Forhauser, Retired IT Professional
" Ivan walked us nicely through things like annual expenses for us to break it down in pieces so we could better understand and move forward"
Christian Forhauser, Retired IT Professional
Stay informed
See more articlesScript: 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.
1. You’ll miss out on the advantages of compound interest.
2. You'll have to pay tax on your RRSP withdrawals.
3. You’ll permanently lose RRSP contribution room.
If you need cash to deal with an unexpected expense, reach out and we can figure out the right strategy for you.
1. Have my financial goals changed?
2. Do I have a diversified portfolio?
3. How comfortable am I with risk?
You may be better off staying the course and sticking to your original plan if: Your goals haven't changed, and You have a diversified portfolio. Remember, history tells us that markets grow over the long term. Still worried? Let’s chat.
Office information
