Essential Wealth Group
510 Frederick Street, Unit 2 N2B3R1 Kitchener, ON, Canada

Good morning #February is a great month. We have #ValentinesDay, #FamilyDay long weekend, and this year is extra special because it's BABY MONTH! Samantha, who is now officially on maternity leave is due within the next couple of weeks and we are so excited. We look forward to sharing the news once the little one arrives, so stay tuned! Have a great day!

New year = new contribution room. Have you topped up yet? What you need to know about #TFSA's: - #2021contributionlimit is $6,000 ... - all earnings and withdrawals are #TAXFREE - contributions are NOT tax-deductible - funds withdrawn can be re-contributed in the following year - unused contribution room is carried forward indefinitely - can be a great compliment to your #RRSP for retirement savings Contact us for more information! https://essentialwealthgroup.com/contact/

Normally we would be in Toronto for this event but for now we take part digitally from the comfort of our offices! Looking forward to what's in store today from Fidelity Canada's Vision 2021 conference #FidelityVision2021 #lookahead #stayahead #marketupdate #marketoutlook #investmentadvisor #CFP

We couldn't help ourselves... Nice of you to stop by, Bernie! #BernieSanders #BerniesMittens #BernieMeme #BidenInauguration

We have two January babies in our office now Happy birthday to our fearless leader, fabulous #bosslady! Nicky, we hope you have a wonderful day and all the best for the year ahead!

It's the 6th and final day of #financialplanningweek (sorry to be somber on a Saturday), but #death is one of life's only guarantees. #Estateplanning is not just a topic reserved for seniors and is important in your 20’s, 90’s and every age in between, especially when you have dependents. Priorities and circumstances will change over the years and this is why your #estateplan should be reviewed periodically (or whenever a major event occurs; birth, death, marriage, divorce etc.) So, no matter how simple or complex your situation, it only makes sense to have an estate plan to ensure your loved ones are taken care of and your assets are dispersed in accordance with your wishes.

Day 5 of #financialplanningweek - all things insurance! Yay...everyone's favourite topic! We always say to start by asking yourself what is my most valuable #asset? Most people immediately list off their house, maybe their car, but really, your most valuable asset is your ability to earn an #income. #Risk management is about protecting yourself and your dependents in the event of #death, #disability or a #criticalillness. These unfortunate events can seem to put a halt o...n normal life but they do not put a halt on your financial obligations. The effective use of #insurance can relieve the burden of additional and ongoing #expenses and allows you and your family to focus on what’s most important at that time.

Day 1 of #financialplanningweek and we're talking financial management. Financial management is the first step in the #financialplanning process. We start by discussing your #goals and #objectives, take a look at your #cashflow and create a snapshot of your #networth. This information is then used to determine how much money is available to be saved and allocated to various strategies and is essential to the feasibility, implementation and #success of your #financialplan.

Happy Sunday! We are gearing up for #financialplanningweek this week. Starting tomorrow, every day we will be going over a different component of a comprehensive financial plan and why it's important. But first, let's first talk about finding the right advisor. Your advisor is going to be your partner in wealth. You should look for a lot of the qualities you would look for in any other partner; compatibility, trust, integrity. You also want to be sure to look into their pr...ofessional background and designations. On our team, both Nicky and Samantha hold the Certified Financial Planner designation which is recognized worldwide for representing the highest professional standards in financial planning. If you're interested in exploring how our team can help you achieve financial wellness, contact us today! https://essentialwealthgroup.com/contact/

The Ontario government proposed a temporary 'Seniors’ Home Safety Tax Credit' to help our most vulnerable population stay in their homes for longer during the #COVID19 pandemic. #taxes #taxcredit #ontario #onpoli #seniors Read more: https://www.investmentexecutive.com//ontario-introduces-/

#RemembranceDay #WeRemember #LestWeForget

Day 4 of #financialplanningweek, we're covering our most popular planning topic - #retirement. Travelling, spending afternoons on the golf course, feet up on the couch whatever retirement looks like to you, the best way to make it happen is to have a plan in place. Your #retirementplan will answer questions like: - How much should I be saving?... - When can I retire? - How much will my retirement cost? - How much #income can I count on? As people are living longer and the days of defined benefit #pensions are dwindling, outliving your #savings is an increasing concern. It is important to start planning early and revisit your retirement plan on a regular basis.

Day 3 of #financialplanningweek It’s not about how much #money you make, but how much money you keep. #RobertKiyosaki #Tax planning is an important component because most financial decisions will generally have some sort of tax implications to keep in mind. ... We include #education planning as a secondary component as it does not apply to everyone in every plan. Funding part, all, or none of your child’s future education is an entirely personal decision but no matter the choice, we are happy to provide options including #RESP’s and informal trusts that align with your #goals and wishes.

Day 2 of #financialplanningweek Asset management refers to #investments and portfolio construction. We invest as a necessity for two basic reasons; to accomplish our financial #goals and to keep pace with the ever increasing costs of living #inflation. Your #portfolio mix should always be consistent with your objectives, time horizon(s) and individual #risktolerance. Over the course of your life, the factors affecting your ability and willingness to assume #risk will most ...likely change and thus your investments will be evaluated and rebalanced accordingly. Successful investing is about managing risk, not avoiding it. #BenjaminGraham