
Prairie Sky Financial Services Inc.
Trustworthy advice you can count on
Your financial strategy should be as unique as you are. Whether you’re just starting out, about to enter retirement, or somewhere in between, a strong financial roadmap can help you reach your short and long-term goals. Let’s work together to protect what matters most to you and help you secure your future. Reach out to get started. Let’s get you there.
Prairie Sky Philosophy
Prairie Sky Financial Services Inc. is pleased to be considered as part of your financial advisory team. We are committed to a high level of care and consideration for your financial affairs. At Prairie Sky Financial we will work with you through the various stages of your life and financial needs:
Stage 1 – You are in control
- First comes the reassurance that while we provide coaching and administrative management – you are still in charge. You call the shots.
- We want to know where you are financially. We want to understand your concerns, your needs, and your goals - where you want to “be”.
- We will move forward to build the right financial plan by collecting the relevant information from you, when you feel comfortable.
Stage 2 – Building your plan
- We will illustrate the progress you’ve made towards your goals so far, offering you options for additional steps that will help you reach them.
- We will prioritize an action plan that focuses on your priorities, using solutions that you have decided upon.
- We will outline next steps and discuss a schedule for review, based on your preferences.
Stage 3 – Keeping up with life’s changes
- Based on the schedule for review, we will meet periodically to revisit your goals and your progress.
- We can accommodate a schedule that works for you to stay in touch.
Through regular communication and meetings, we will endeavor to keep pace with the changes in your life.

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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.