Are you systematically saving and accumulating money? Have you projected your retirement income needs? There is no time like the present to begin taking care of your financial future.
Segregated Funds are a professionally managed investment vehicle offered through life insurance companies, that are kept and managed separately from the general assets of a life insurance company. Unique benefits are offered such as: guarantee of principle at maturity, guarantee of principle at death, estate planning, probate by-pass, & creditor protection amongst other opportunities.
There are plenty of options available:
You can use an RRSP to ensure your retirement is protected.
You can start saving money today, knowing you can withdraw it at any time tax free with a TFSA.
How about saving for your children’s education and getting the government to help you, this is an RESP.
What about if you want to collect an income for the rest of your life? That’s called a GMWB.
You have options. Now is the time to begin exploring them.