A Tax-Free Savings Account (TFSA) can be an incredibly effective tool for Canadians looking to grow their savings. However, making the most of your TFSA requires thoughtful planning, especially when considering who can benefit most, and how best to utilize it.

For years, we’ve heard “Don’t put all your eggs in one basket” and “Timing is everything.” While these are still relevant, today’s investors face new challenges like fluctuating interest rates and market turbulence. In my latest blog, I discuss how incorporating life insurance into your financial strategy can enhance diversification and risk management. Check it out to see how this approach can help you navigate today’s financial landscape.

Discover Custom Financial Solutions for Your Success

Business owners and professionals face unique financial challenges. This article explores how personalized strategies can help you achieve your financial goals, from tax planning to retirement and investments. Learn how a tailored approach can make a difference in your financial journey and set you on the path to success.

Do you have concerns about retirement? My role is to answer your questions, provide periodic portfolio updates, and help you make the right decisions. In this blog, we explore strategies to maximize your retirement savings, ensuring you have a secure and comfortable future.

Also included here: access a Complimentary Retirement Calculator!

Have you ever predicted the future? Neither have I. This uncertainty is precisely why being insured and financially protected is crucial for bringing your personal and business goals to life. Health and disability insurance as well as accessible savings are essential tools in securing your financial future against unexpected events that could impact your well-being and ability to work.

I’m Jen Thaker, Founder and Professional Financial Advisor at Thaker Financial Inc. and it’s my honour to host a number of monthly events bringing women in business together to connect and build community. My mission with these monthly events is to cultivate a dynamic community where women in business connect, support, and inspire each other. In today’s fast-paced world, I’ve found that having a network of like-minded women has been both empowering and transformative.

Whether you're just starting out or running a thriving enterprise, understanding the basics of business insurance is crucial for safeguarding your hard work and investments. Check out my latest blog post for key insights and strategies to ensure your business's future success.

Embarking on the journey to homeownership involves a strategic blend of savings tools and financial planning. In this article, we'll explore two powerful instruments designed to empower you on this path: the First Home Savings Account (FHSA) and the Home Buyers' Plan (HBP). These tools offer unique opportunities for individuals at various stages of their financial journey, providing tax advantages, flexibility, and pathways to achieve your homeownership goals.

In the world of financial planning, "Health Is Wealth" takes center stage at Thaker Financial Inc. I believe that true financial well-being isn't just about numbers; it's about understanding your risks, fears, goals, and dreams. It's about recognizing where you are now and creating a plan utilizing money as a tool to get you where you want to be.

Embarking on the journey of financial planning for 2024, I'm excited to share not only some loose age-specific milestones but also insightful strategies to shape a secure future. These insights have been gleaned from key articles from Industrial Alliance. Remember, these milestones are guidelines, not rigid rules or hard facts. Everyone's financial journey is unique, and factors like lifestyle, health, and post-retirement plans play a significant role. Tailoring your strategy to align with your personal circumstances ensures a retirement plan that suits you.

Wishing you a joyous holiday season filled with love, laughter, and cherished moments! As this year draws to a close, I wanted to take a moment to express my heartfelt gratitude to each and every one of you for being a part of my network and entrusting me as your financial advisor. Your faith and trust mean the world to me.

As we embrace the festive spirit and the joys of December, it's essential to keep our financial well-being in mind. Here are a few quick reminders to ensure a financially savvy and stress-free holiday season:

1.Budget Wisely

2.Mindful Gifting

3. Plan for 2024

4. Tax-Saving Opportunities

The most pivotal life lessons I've embraced at 42 revolve around the increasing wisdom that comes with self-awareness, self-love, and the liberating power these offer. I feel truly fortunate to live my passion, guiding others toward financial freedom while being dedicated to leading by example and living my best life too. I truly believe in #healthiswealth and helping you #liveyourbestfinanciallife while I’m living mine!

Gear up for a prosperous new year by leveraging the First Home Savings Account (FHSA). Act before December 31 to capitalize on tax benefits and flexible savings options, setting the stage for future financial goals and plans. Reach out to Thaker Financial today and make the most of contributing to the FHSA for 2023.

Health and disability insurance can provide financial protection in case of an unexpected illness or injury!

Planning for retirement just got easier with the revamped Canadian Retirement Income Calculator introduced by the Government. Explore the calculator here and take charge of your retirement planning today!

In a world where financial security is a top priority, ensuring a comfortable future for yourself and your loved ones has never been more important. One strategy that often goes overlooked is "funding your own inheritance," a concept that can be both empowering and practical.

In retirement planning, it's crucial to address potential threats like longevity, inflation, and market volatility. While a solid investment plan tackles longevity and inflation, market uncertainty remains a challenge, especially near retirement.

Let’s explore the changing landscape of women in Canadian finance through some key statistics. More than 40% of Canadian households now have women as primary breadwinners, signifying a notable shift. Concerns about longevity, financial challenges post-partner's passing, and a 30% wealth gap at retirement emphasize the importance of tailored financial planning.

I like to challenge myself with something new each year. A personal goal/challenge because, as a business owner there are always new goals and milestones to achieve on each year - like getting my Professional Financial Advisor Designation this spring, so I like to chose something that isn’t related to Thaker Financial and is purely just for this human!