WHO WE ARE SERVICES BLOG SOCIAL GUIDANCE
First and foremost, Financial Fost is an educator. This is a quality frequently overlooked in the financial services industry. There are an abundance of financial products, financial gurus and financial strategies within the industry and it is my goal the consumers are being properly educated on the options available to them. Why is this education important? This helps people feel confident in their decisions, overall plans and keeps them on track into the future. Ideally, when you work with me you should feel that you have hired an employee specifically to assist you and your family with your financial needs and questions.
We help make a complicated process easy and enjoyable. We take the guesswork out of investments and allow you and your family to have peace of mind when it comes to your future.
When it comes to investments there are millions of financial products available and we are happy to be able to offer more selection than you will receive at a traditional banking institution. Contact me today to explore your options.
Life Insurance can be tricky to navigate. That’s where we come in. We simplify the process and take into consideration existing coverage and the options within those coverages. Next we identify the gaps in your life insurance that are required to meet your future expectations. Then, we decide on the plan of action to get you on track for your future. If any of this overwhelms or confuses you, contact me, I can help.
Have you witnessed someone return to work shortly after a diagnosis of heart attack, stroke or cancer? Then thought to yourself that they should be focused on taking time off to get healthy. While you will not have to worry about this happening to you. Get the proper coverage in place early so that should you experience a critical illness, you can focus on looking after you, while your coverage takes care of the bills. We will walk you through the process to make sure if heaven-forbid anything happens, you are covered. Remember family history is an important consideration when it comes to Critical Illness protection.
Heart attack, Cancer, Stroke, Acquired Brain Injury, Aortic Surgery, Aplastic Anemia, Bacterial Meningitis, Benign Brain Tumour, Blindness, Coma, Coronary Artery Bypass Surgery, Deafness, Dementia (including Alzheimer’s), Heart Valve Replacement, Kidney Failure, Loss of Independent Existence, Loss of Limbs, Loss of Speech, Major Organ Failure, Major Organ Transplant, Motor Neuron Disease, Multiple sclerosis, Occupation HIV Infection, Paralysis, Parkinson’s, Severe Burns
Do you own 20% of a residential property? Do you want you your idle monies to work harder for you than in your traditional chequing account. Are you tired of paying bank fees and want to pay your debt down faster? Let me connect you to one of my mortgage specialists. They know mortgages and credit like few others.
Let them show you, the ins and outs on mortgages and put your cash flow back to work. Contact me to explore your options.
Well then you may qualify for group employee benefit. Group benefits are a great way to retain employees, and they are also tax deductible to the employer which typically makes them less costly to raises. Whether you have thought about them or currently have group benefits.
We can work with existing plan or start brand new ones to tailor the plan to you and your business each year. When it comes to the group benefits and specialist I want you too feel that you have added me to your staff. So that your employees know me on a first name basis and are comfortable asking me questions outside the scope of the benefits plan.
Help them save early, by encouraging them to participate in a group retirement plan. Plans are free to set up include traditional RRSP, Spousal accounts, TFSA’s and more. Or if your looking to contribute to your employees retirement plans we can look incorporate a defined profit sharing (DPSP) or Defined Contribution Plan (DCPP).
When it comes to Group Retirement Plans, they are easy to set up, employees get the benefit pooled investments, reduced fees and can contribute directly from their paycheque. As a provider of Group Retirement Plans when work with us, I want you to feel like you have hired us to your staff.
Or are you someone who is retiring, or losing coverage through a company? Or are you worried about the cost of drugs, medical supplies, services, vision or dental work should you need to access to prescriptions or services. Then an individual health plan may be the coverage you’re looking for outside of your provincial plan.
Individual Health plans can be complex. Let us simplify the benefits for you, so you are confident you have the right coverage for you.
Should they get become disabled it is important for their overhead business expenses to be covered. So that the business can remain afloat even when the owner is unable to work.
There are many moving components to business disability insurance let us help you find a plan to match your needs.
For many of us it is our ability to earn an income and work. Protect your paycheque with a disability plan so that you continue to earn an income even when you are unable to work.
As with most insurance the definition of the terms are in the contract are important. This is even more important within a disability contract. Let us navigate these terms with you as well government plans able to you with you. So that should you become disabled you are not forced in an industry you do not want to be in.
Whether this means by taking the time to hire or train someone with the same attributes or because they are simply irreplaceable. Let’s put a plan in place to protect you and your business should something happen to a key employee.
First and foremost everyone needs a will. Don’t know a good lawyer? I am happy to recommend a few that we work with. As far as the financial planning with estate planning, a key focus should be put on efficiency in which the funds will be paid out to your loved ones. Which in turn minimizes the amount of work that needs to be done with to pay the funds out, the taxes associated with your death, and the more we can bypass the estate through named beneficiaries the better. The process is easy and actually kind of fun, but if your someone with money in traditional banking institutions we can guarantee that we can make the process more efficient.
Here we are happy to work with you so that you are able to give what you’d like to the organizations that you have been apart of.
Insurance should be apart or at bare minimum a consideration in everyone’s financial plans. Insurance should be thought of as a blanket, its goal is to keep us comfortable. It’s true that not everyone needs blankets but most of us enjoy being comfortable and insurance gives us that security.
Don’t like the blanket analogy? Let’s show that Canadian pride…insurance is your defence in hockey. It can be purely defensive or have some offensive capabilities. Either way you’ll experience a time when you wish your defence was a little stronger. The concept of self insuring is a choice and in most cases it is one that occurs because no one took the time to educate the consumer on the options available to them. Yes, there’s a plethora of insurance and insurance types in the market, and it is easy to experience an insurance overload and not know exactly what your contract says. And that’s where I come in. It is a privilege to be insurable and insured and not a guarantee.
It is important as a planner that we work together and discuss your vision. For us, it is important that we then take that information and create efficient financial plans that are flexible so they can do more than one thing, and take the fewest amount of resources to get there.
So the hexagon is made to represent the efficiency of bees and the shape. For those who are curious, cells that honey bees use in there colonies to store larva (baby bees), honey and pollen. The shape has been shown by mathematician Thoman Hales in a mathematical proof known as the Honeycomb Conjecture, to be most efficient shape they can build. It minimizes the space between the cells and maximizes the space of the cell available to store honey.
For context, I enjoy beekeeping in my spare time and prior entering the financial industry, I owned and operated a beekeeping company. This is what lead me to be inspired by the shape of the hexagon and how I relate it to Financial Fost.
Also, I often give a gift of my honey to my new clients!
The computer software and the accountants can help to sort these out. Our financial well-being is integrated and influences both our physical and mental well-being. The goal of financial planning should be that you are well and free to focus on you and whatever is important to you. While i believe everyone should be financially literate, there is so much more to life than numbers. Financial planning involves discussion, people planning; it’s life, dreams, goals and sometimes a shot of reality. It is a combination of the knowledge government benefits, government registered plans, insurance contracts, taxation knowledge, investment options, your vision and commitment level.
Financial Fost’s goal is committed to keeping you working towards your vision while providing you with flexibility should your vision change.