https://chrisgeldert.ca/wp-content/uploads/2023/09/Protecting_your_family_2.width_.jpg 200 300 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-09-01 09:58:552023-09-01 09:59:41Protecting Your Family
Let’s face it, raising a family today can be financially challenging. The cost of living continues to increase, housing costs are rising along with education and extra-curricular activities for our children. It is tough to make ends meet and still have something left over at the end of each month. Most families today require both parents to work to afford the lifestyle they enjoy. Losing one of those incomes through premature death, illness or a disability is a real risk that many families would have a difficult time facing emotionally and financially.
https://chrisgeldert.ca/wp-content/uploads/2023/08/MER.png 250 500 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-08-14 07:00:512023-08-14 07:01:31Demystifying MER’s (Management Expense Ratio)
Investing in a fund involves knowing its associated costs, and the Management Expense Ratio (MER) is a crucial factor to consider. The MER is a percentage of the total assets in the investment fund that covers the fund's operating and management costs. It's important to note that the MER is subtracted from your investment returns, so a higher MER will result in lower net returns for you. For example, if a fund's expenses amounted to 2% of its assets, its MER would be 2%. It's crucial to understand the MER of a fund to make informed investment decisions and ensure that you're getting the most value for your money. In this article and infographic, we will break down the various components of the MER to help you better understand it.
https://chrisgeldert.ca/wp-content/uploads/2023/08/thinking-of-cancelling-your-insurance.jpg 200 300 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-08-01 09:54:392023-08-01 09:54:54Thinking of Cancelling Your Life Insurance?
Have you found yourself wondering if you really need that life insurance policy you pay for every month? You are not alone. As time goes on we often forget the reasons behind purchasing the amount and type of coverage we did. For this reason, it is advisable to have regular reviews to make sure you are adequately protected.
https://chrisgeldert.ca/wp-content/uploads/2023/07/why-conduct-an-insurance-audit-coverImage.png 500 500 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-07-15 16:06:442023-07-15 16:06:56When and Why You Should Conduct an Insurance Audit
As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation to ensure that you are making the most appropriate and financially favorable decisions. Talk to us we can help.
https://chrisgeldert.ca/wp-content/uploads/2023/07/Can-probate-be-avoided-5.jpeg 340 475 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-07-03 09:42:542023-07-03 09:43:09Can Probate be Avoided?
Executors often find that the probate process can be both time-consuming and expensive. Planning strategies exist that may eliminate or reduce the requirement of having assets probated.
https://chrisgeldert.ca/wp-content/uploads/2023/06/Do-you-have-enough-for-retirement.png 281 500 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-06-15 06:00:312023-06-15 06:01:01Do you have enough for retirement?
Many of us dream of the day that we can retire and have the time to ourselves that we have dreamed of for so many years. But, to have a genuinely contented and relaxing retirement, you need to ensure that you have the means to afford it. So, now's the best time to consider the three critical stages of retirement planning. 1) Accumulation 2) Pre-retirement 3) Retirement
https://chrisgeldert.ca/wp-content/uploads/2023/06/fhsaFI.png 250 500 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-06-05 16:06:452023-06-05 16:07:00First Home Savings Account (FHSA): What You Need to Know
Are you looking to buy your first home in Canada? The First Home Savings Account (FHSA) could help make it happen. This savings plan allows first-time home buyers to save up to $40,000 tax-free, with contributions being tax-deductible. In this article and infographic, we cover everything you need to know about FHSA, including eligibility requirements, contributions and deductions, qualifying investments, withdrawals, and transfers.
https://chrisgeldert.ca/wp-content/uploads/2023/06/The_Case_for_Life_Insurance.wi_.jpg 531 800 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-06-01 08:00:492023-06-01 08:01:10The Case for Life Insurance
When it comes to most forms of insurance, many people understand the importance of having coverage. Whether it’s your car, your home, or other valuable possessions, having insurance means that you’re financially protected should disaster strike. One of the first things you do when you buy a new car is to make sure it is protected before you drive it off the lot. Why? Because if you are involved in an accident chances are good you would suffer financially.
https://chrisgeldert.ca/wp-content/uploads/2023/05/the-best-way-to-insure-your-mortgage.jpeg 750 1125 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-05-01 08:00:152023-05-01 08:00:29The Best Way to Insure Your Mortgage
If you have a mortgage, it makes good sense to insure it. Owning a debt-free home is an objective of any sound financial plan. In addition, making sure your mortgage is paid off in the event of your death will benefit your family greatly. The question is, should you purchase this coverage through your lending institution or from a life insurance company? A good rule of thumb to follow when searching for advice? Ask an expert! So, while it might be convenient when completing the paper work for your new mortgage to just sign one more form, be aware that it might be a costly decision.
https://chrisgeldert.ca/wp-content/uploads/2023/04/Tax-tips-2022.png 250 500 Chris Geldert https://chrisgeldert.ca/wp-content/uploads/2020/05/christopherGeldertLogo5.png Chris Geldert2023-04-03 12:25:352023-04-03 12:25:45Tax Tips You Need To Know Before Filing Your 2022 Taxes
It’ll be time to file your 2022 taxes soon, and you must take advantage of every tax credit and deduction you can! Our article covers the following: • Canada Workers Benefit. • Claiming home office expenses. • The tax deduction for zero-emissions vehicles. • Return Of Fuel Charge Proceeds To Farmers Tax Credit. • Eligible Educator School Supply Tax Credit.