Financial Planning for Investors

 

Charting your path and planning for your future.

 

Financial planning goes beyond investing and tracking the growth of your portfolio. True financial foresight encompasses understanding your individual goals, risk tolerance, and long-term aspirations; ensuring that each decision aligns with your broader vision for the future.

Partnering with a CIBC Wood Gundy Investment Advisor and Financial Planning Specialist ensures a comprehensive roadmap to your financial aspirations.

By tapping into the collective proficiency of the CIBC group - in areas such as taxation, business succession and estate planning - we can address your most complex financial needs.

The Importance of Insurance

No financial plan should be considered complete without an insurance review.

 

Common Reasons for Starting

 

There are many reasons why an investor might consider an Insurance Policy. 

 

Long Term Tax Planning: Most of the proceeds from life insurance policies are not subject to income tax .

This is a great option to pass wealth to generations in a tax favourable way.

 

Replacing Income in Case of Untimely Death:  Life insurance can replace

that income if you suddenly pass-away. The most common

occurrence of this is parents with young children,

but even in later stages of life a policy can support

the financial needs of a dependent in need.

 

Creating Liquidity for a Beneficiary: Life insurance proceeds payable to a named beneficiary

flow directly to them without the usual delay involved in the settling of an estate.

Likewise, this helps to fund funeral expenses preserving other assets in a deceased's estate.

Common Types of Insurance

 

 

 

Insurance policies come in

many different shapes and sizes and vary in levels of flexibility,   

coverage, and tax/cashflow considerations.

 

The five most common forms of Life Insurance in Canada are:

 

Term Life Insurance 

Whole-Life Insurance

Limited Whole Pay Life Insurance

Universal Life

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