Whether you are self-employed or someone in or nearing retirement you have likely reached a level of independence in life. You may have always felt that one way or another you are working towards a level of financial freedom; freedom to choose how you will spend your retirement and spend your money.
As a dashing young man, if there is one thing I know - it’s women! Furthermore, speaking as a financial advisor, if there is one thing I know about women, it’s that they need to be better prepared financially for a critical illness. Before I explain why this is especially important to women, let’s take a quick look at some expenses not covered by our public healthcare system.
One of the more recent trends to appear in the age of social media is people opening their hearts and wallets to donate to strangers after they hear a heart-wrenching story on the news.
3 Government Disability Plans That May Not Protect You Like You Think
Over the years, many people have told me that they felt income protection - “disability insurance” - wasn't a priority. They believed that they were already covered by Employment Insurance, by “worker’s compensation” though the Workplace Safety Insurance Board or the Canada Pension Plan’s disability plan.