We are constantly receiving information from the insurance and financial industry.  We are going to now post a weekly summary of pages we feel will impact our clients.  These may include updates from our partners at the insurance carriers, updates on tax related issues from industry associations, or just interesting thoughts from our peers. Here are some from the past week: 1.  The results from the latest CPP Actuarial Report concludes that the current legislated contribution rate is sufficient to meet the CPP's future obligations: 25th Canada Pension Plan Actuarial Report 2.  Women, as main caregivers, take a hit in retirement.  This is a great article outlining the experience of when Dr. Amy D'Aprix, coincidently a gerontological social worker, spent a decade caring for both of her parents. Globe and Mail Article - "Women And Retirement" 3.  In a special to the Globe And Mail, Preet Banerjee discusses the ...

Did you know that 1 in 3 people, on average, will be disabled for 90 days or longer at least once before age 65. The average length of a disability that lasts over 90 days is 2.9 years. What would that mean to your income and lifestyle?  Here are a few questions we get from clients, as well as questions we want our clients to be asking of us. Who needs Disability Insurance? Most people need some kind of coverage, which will replace most of their usual income in case they cannot work due to disability. When people without disability insurance become disabled, income stops or is reduced, and savings are drained. Some exceptions are those with high levels of investment income, students, or individuals whose spouse continues to provide enough income to cover all existing, and any new, expenses. Do I need both ...