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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.

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Certain terms and conditions may apply. Contact me for more information.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

What happens when you withdraw money from your RRSP early?

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.
TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Discover how to support your mom in planning for the future with practical advice on estate, legal, and care decisions.

Christopher Liew outlines some of the expected and not-so-expected costs of divorce, to help you prepare and plan if you and your spouse decide it’s time to part ways.

How can you keep your financial goals on track during a market downturn? Start by asking yourself these three questions:

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.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Free summer fitness program helps teens across Canada build lifelong healthy habits

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Do you have an estate plan? If not, it may be time to create one. Estate planning is complex and more than just simply handing down your assets to the next generation. Let's make sure you have a plan that you and your family can count on.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Whether it’s through traditional healing techniques or cutting-edge medical treatments, wellness travel is evolving – and it’s big business. Wellness tourism is expected to hit US$9-trillion by 2028, according to the Global Wellness Institute’s Global Wellness Economy Monitor 2024.

About three-quarters of Canadian travellers (74 per cent) believe vacations can help them build resilience to better handle the stresses of everyday life, according to travel app Skyscanner’s 2025 Travel Trends report. And about six in 10 Canadians are more mindful about their health and well-being while on vacation.

Do you have an estate plan? If not, it may be time to create one. Estate planning is complex and more than just simply handing down your assets to the next generation. Let's make sure you have a plan that you and your family can count on.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Sun Life One Plan is a simple, easy-to-follow goal-based planning tool. It gives you advanced features, such as:

- Real time tracking towards your savings goals
- Personalized strategies to help you get closer to retirement sooner
- Freedom and flexibility to make changes to your plan as life circumstances changes

Let’s find out if Sun Life One Plan is right for you.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

It's time to look at your retirement income plan through a tax lens. Check out this article to learn how the right tax strategy can increase your retirement income.

TLM Financial Solutions Ltd.
Phone:(306) 747-2613
Email:trevor.miller@sunlife.com lyle.banda@sunlife.com

Building confidence key to wealth for gen Z and millennial women

You’re confident your heirs can do the job, but are they ready?

WXN Canada’s Most Powerful Women: Top 100 Hall of Fame inductees have lived their lives and built their respective careers guided by their values and a clear sense of purpose. Their bold, epic journeys serve as shining examples of what it takes to drive positive change.