Archive for June, 2015

Registered Disability
Savings Plan

The Registered Disability Savings Plan (RDSP) provides an account for Canadians with disabilities, and their families, to save for future long-term expenses like medical bills, retirement and living costs. …

What is a RRIF?

What is a RIF or RRIF, or is it RUFF? The financial industry as a whole loves its acronyms. A Registered Retirement Income Fund, or Retirement Income Fund is…

Is Financial Advice Worth It?

Considering we all seem to live very busy lives, utilizing the services of a financial advisor often provides significant value for the costs involved.  Similar to hiring a mechanic…

New Parent?
Don’t Forget the RESP

If you are a new parent (or grandparent), you likely have ‘open RESP‘ on your to-do list, right up there with ‘sign up for VSOCC’ (Vancouver Society of Children’s…

Think a Will is Enough?
Top 5 Mistakes of Estate Planning

You’ve made your will, so that’s it right? Not necessarily. Planning for the end of ones life is never our favourite topic; however, sound planning can go a long…

When the ‘Big One’ Hits,
Are you protected?

Disasters happen, rarely but they do, often it’s the rarity that makes these events a disaster. If your basement flooded every other month, you wouldn’t keep thousands of dollars…

Power of Attorney
Do I need one?

What is a POA? A Power of Attorney (POA) is a legal document in which you give someone the ability to act as yourself. Once in place your Attorney…

You’ve Insured your Legs for HOW MUCH ?!

We’ve all heard the stories about some supermodel insuring their legs, or athlete insuring their legs (albeit for a different reasons). A while back the Huffington post wrote a…

Dear Terry,
How I knew it was time to retire.

Today’s  post is a truncated account from a recent new client of the Wright Wealth Management Group. Dear Terry, Let me start by saying, we have never been savvy investors….