As a Professional Financial Advisor, I've seen firsthand the peace of mind that comes from individually owning your mortgage insurance, especially when it comes to life insurance and living benefits coverage. Let’s explore some of the numerous benefits of taking charge of your insurance, ensuring your financial stability in times of uncertainty.

Creating tailored plans that recognize the unique financial challenges and opportunities that businesses encounter is my passion, whether it's strategic financial planning, investment strategies, tax optimization, or risk management

We're embarking on a journey to explore the realm of segregated funds. Have you ever wondered how these financial instruments could play a pivotal role in your investment strategy? In this article we’re diving deep into the world of segregated funds, unraveling their unique advantages, and shedding light on their potential benefits. From safeguarding your capital to unlocking growth opportunities, find out more here!

As a business owner your insurance needs differ significantly from those of employed individuals. Employment Insurance may not offer the comprehensive coverage you require, whereas personally owned disability insurance provides tailored protection, flexibility, and tax advantages.

It’s important to teach your child about various aspects of money.

There are several ways you can invest in your child’s future including saving to fund their education and retirement and buying them life insurance and/or critical illness insurance.

In an era of ever-increasing costs, managing one's finances effectively has become more critical than ever before. As our society adapts to changing economic landscapes, it's essential for individuals to be proactive in ensuring their financial well-being.

The three-part interview series on Thaker Financial's YouTube page with Align CPA delves into the financial planning process. The series covers the key components of a comprehensive financial plan, including budgeting, saving, investing, and retirement planning. It also provides specialized insights for business owners, offering strategies to navigate financial planning in the context of entrepreneurship, including tax optimization, risk management, and growth strategies.

Throughout my career and personal life, I have witnessed firsthand the transformative power of financial planning. It is not just about numbers and investments; it is about empowering individuals and businesses to take control of their financial well-being and create a life filled with abundance and security. That is why I am a firm believer in the philosophy that #HealthIsWealth – understanding that true wealth encompasses both financial stability and overall well-being.

In the realm of estate planning, time is indeed money. Incorporating segregated fund contracts into your estate plans can have significant advantages such as creditor protection, probate avoidance, estate liquidity, and growth potential.

A comprehensive financial plan is your roadmap to financial well-being. By focusing on insurance and protection, building a safety-net account, debt reduction, liquidity, crafting an investment strategy, and considering your retirement goals , we can help you achieve your financial goals and secure a prosperous future

Individual Pension Plans can offer an exceptional opportunity for tax-effective retirement savings and income generation. If you are a business owner, incorporated professional, or highly compensated employee, exploring the potential benefits of an IPP should be a priority. Remember, the key advantage lies in the ability to maximize registered assets through higher employer contributions and capitalize on increasing contribution room with age.

At Thaker Financial, I recognize the importance of fostering a community that uplifts and empowers women in their pursuit of well-being. My Ladies Happy Hour is a safe and inclusive space where we can come together.

When it comes to merging finances, there is no one-size-fits-all answer. It is a personal decision that should be based on open communication, mutual trust, and a thorough understanding of each partner's financial goals and values.

The infinite banking concept is a financial strategy that empowers individuals to take control of their finances and become their own source of financing. It involves utilizing a specially designed whole life insurance policy as a personal banking system. With infinite banking, you can grow your wealth, access funds, and create a legacy for future generations.

Determining whether term life insurance or permanent life insurance is right for you depends on your individual circumstances, financial goals, and priorities. It's essential to evaluate factors such as your age, budget, desired coverage period, and long-term financial objectives.

If you’re self-employed, there are different options when it comes to structuring how you run your business. In this article we explore some of the pros and considerations of being the sole proprietor of a business compared to incorporating a business.

Join Jen at Thaker Financial for a Quarterly Book Club featuring thought provoking reads like The Psychology Of Money.

If you're thinking about purchasing your first home or are in the process of doing so, a First Home Savings Account can be an excellent way to help you achieve this goal while enjoying all the benefits it offers.

Did you know that cancer is the primary cause of mortality in Canada? It's a sobering statistic, but one that underscores the importance of being financially prepared in case of a critical illness. That's where I come in as your trusted financial advisor.