Blogs
IMMEDIATE FINANCING ARRANGEMENT (IFA)
FOR CANADIAN CORPORATIONS
An IFA is a practice whereby you take out a premium life insurance policy that has a cash building component, such as an exempt whole or universal life insurance policy, and then directly use the policy as collateral to obtain a loan.
How the IFA works to help you get more tax deductions?
6 Reasons Why Retirement Planning
Should Be Your Priority
Retirement management has several benefits that range from both personal and psychological
to financial. Here are several advantages and common reasons for effectively planning your
retirement. As popular saying
“If you fail to plan, you are planning to fail!”
How to prepare yourself to face life- threatening situations and make the right financial decisions?
Each one of us begins a new day praying to God for the future of our family and ourselves. We step out of our home for work or any reason without knowing what is going to happen. Many personal unexpected situations might affect your family at large.
“Retirement is wonderful if you have two essentials—much to live on and much to live for.” —Unknown
Introduction:
Are you worried about running out of money in retirement? You're not alone.
As a future-ready retiree, you're likely concerned about retirement readiness, longevity risk, tax optimization, wealth creation, and estate planning. The financial world can be overwhelming, but having the answers to 4 Essential Financial Questions can help you achieve a secure and fulfilling retirement.
In this post, we'll explore how you can maximize the efficiency of your money at work to retire early and wealthy, without the fear of outliving your savings.
By answering four essential financial questions, you’ll gain the clarity and confidence needed to plan your retirement effectively. 👊
Do you know what rate of return you need to earn on your investments to live comfortably in retirement, adjusted for inflation and taxes? Many people don’t, but it's crucial to know this to ensure your savings will last. Our webinar below will teach you how to calculate this rate and make informed investment decisions.
Are you saving enough each month or year to reach your retirement goals? Knowing how much to save is key to building a robust retirement fund. We'll provide you with strategies and tools to determine the right amount to set aside, ensuring you're on track to meet your financial goals which take care of your today's needs while keeping your future goals in mind.
Retirement isn’t just about reaching a certain age; it’s about having enough money to sustain your lifestyle. Do you know how many more years you'll need to work to secure your retirement? We’ll help you understand how long you need to work based on your current savings and retirement goals.
If you continue with your current financial strategy, do you know how much you'll need to reduce your standard of living to avoid running out of money? Our webinar will show you how to avoid this scenario by adopting more effective financial planning methods.
To make these concepts easy to understand, we’ve developed a Retirement Project Planning and Management Framework (RPPM) called the Hexavisionary Framework complete with tools, calculators, Body of Knowledge and mentorship guidance which I call it as an Financial GPS.
This framework will help you visualize your financial path and make empowered decisions. Additionally, we'll introduce you to the Body of Knowledge (BOK), a simple yet powerful way to understand every advanced financial strategy, and concept which are reserved for rich and elite by large corporation for you to implement irrespective of your current situation.
Many of our clients have achieved remarkable results by following our guidance. For example, Trent and Laurel Bridger, a couple from Alberta, were able to plan and manage their retirement, thanks to our Hexavisionary framework and free mentorship program. They now are confident and on their way to enjoy a worry-free retirement, traveling the world and spending quality time with their future grandchildren. To see more testimonials from our clients, please click here or on the image below.
Our free masterclass, "Learn How to Prepare to Not Run Out of Money in Retirement by Following the 3 Crucial Laws of Money," will provide you with:
Practical solutions to optimize your taxes, investments, and savings.
Personalized mentorship to guide you through your financial planning journey.
Clear answers to the four essential financial questions.
Strategies to create passive income and leave a legacy without additional work or cutting down your lifestyle.
Don’t miss this opportunity to gain the knowledge and confidence you need for a secure and fulfilling retirement. Sign up for our masterclass today and take the first step towards achieving total financial freedom.
Here is a quick checklist to get you started with your retirement planning and management blow. Remember imperfect action beats inaction, get started and keep tracking the progress today.
Create your income and expense sheet, click here to download our FREE- "Financial Flow Analysis cum Zero-Based Budgeting Sheet"
Know your Marginal Tax Rate (MTR) to decide if RRSP (saving tax now) make sense for you. Use our Financial Calculator click here.
Ensure you have eliminated bad debt and embrace good debt by earning uninterrupted compounding interest on your savings and paying simple interest on your loans including mortgage interest, where ever possible make your interest payments tax deductible to keep more of your money.
Ensure you will not deplete your savings in the rare event of serious illness and injury by protecting your income ability to continue saving for your retirement and paying the bills.
Create a simple Will and Health Care Directive to outline your medical treatment and asset distribution preferences, preventing government intervention in major life decisions due to incapacity or illness, even if you feel it is not important right now.
Only after above checkboxes are done, start investing for long term growth and harvest your investment every 6 months to take advantage of changing economic conditions.
IMMEDIATE FINANCING ARRANGEMENT (IFA)
FOR CANADIAN CORPORATIONS
An IFA is a practice whereby you take out a premium life insurance policy that has a cash building component, such as an exempt whole or universal life insurance policy, and then directly use the policy as collateral to obtain a loan. In this way, you gain the full benefit from the insurance policy, yet you are still able to use your money to build your business or to invest in other income-generating avenues.
How the IFA works to help you get more tax deductions?
6 Reasons Why Retirement Planning Should Be Your Priority
Retirement management has several benefits that range from both personal and psychological to financial. Here are several advantages and common reasons for effectively planning your retirement. As popular saying
“If you fail to plan, you are planning to fail!”
How to prepare yourself to face life- threatening situations and make the right financial decisions?
Each one of us begins a new day praying to God for the future of our family and ourselves. We step out of our home for work or any reason without knowing what is going to happen. Many personal unexpected situations might affect your family at large.
Working Hours
🟢 Monday to Saturday : 9:30 AM - 6:30 PM
🔴 Sunday : Closed
Our Service Area
Ontario | Quebec
Alberta | Nova Scotia
British Columbia | Saskatchewan
New Brunswick
Join Our Blogs
Kanwaljit (Sunny) Kochar DBA Hexavision Enterprise is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta, QC, NB, SK, NS and British Columbia. Not available in other provinces.
License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC). Insurance and segregated funds provided by Carte Risk Management Inc.
@ 2024 Hexavision Enterprise| Terms And Condition| Privacy Policy | Advisor Disclosure
© 2024 Hexavision Enterprise. All rights reserved
Our Service Area
Ontario | Quebec
Alberta | Nova Scotia
British Columbia | Saskatchewan
New Brunswick
Working Hours
🟢 Monday to Friday : 9:30 - 6:30 EST
🔴 Saturday and Sunday : Closed
Join Our Blogs/Newsletter
Kanwaljit (Sunny) Kochar DBA Hexavision Enterprise is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta, QC, NB, SK, NS and British Columbia. Not available in other provinces. License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC), AMF LIC# 2023-CI-1016414(QC), LIC # 087345 (SK), FCSC LIC# 220039066 (NB) Insurance and segregated funds provided by Carte Risk Management Inc.
@ 2024 Hexavision Enterprise| Terms And Condition| Privacy Policy | Advisor Disclosure
© 2024 Hexavision Enterprise. All rights reserved