A Promising Financial Future.

Life is full of uncertain events, which can be scary and overwhelming.

Investments that make sense at all levels

The truth is, investment goals never have a “one-size-fits-all” solution. For that reason, at Care Life we offer a wide array of options. Whether you aim to accumulate wealth, generate income for retirement, or something in-between, we have a solution to help suit your needs.

RECEIVE A STEADY INCOME DURING RETIREMENT
Annuities provide the opportunity to grow your assets over time and/or guarantee your income for retirement.

BUILD A PORTFOLIO OF EXPERT-LED FUNDS
We will let you in to our network of highly specialized fund managers, while you watch your principal grow.

Registered Retirement Savings Plan is a savings plan for individuals which allow them to defer current tax bill.  RRSP contribution limits are based on income and are tax  deductible at the time of deposit.  Tax is paid when investment and interest or dividend income is withdrawn.

Tax Free Savings Account – is a registered, flexible and general purpose savings vehicle to meet lifetime savings needs.  There is no tax deduction for contributing to a TFSA; furthermore, any income earned within the account and withdrawals are tax free.  Any missed contribution can be caught up in later years.  Any withdrawals can be replaced.

Registered Retirement Income Fund – logical successor to an RRSP both as a tax  shelter and as a continued growth investment.  It makes your investment grow tax-free while giving you access to the money saved in your RRSP in the form of retirement income.  You may withdraw funds according to your needs; however, a minimum amount must be withdrawn every year.  All withdrawals from a RRIF are taxable and considered income.

An annuity is a contract with an insurance company whereby the insured pays an initial premium or premiums into a tax-deferred account, the insurer pays out a sum at pre-determined intervals.  The income payment received is usually level and is made up of a return of capital (premium paid) and some interest.  Types of annuities include Life annuity, Fixed Term Annuity, Deferred Annuity, Impaired annuity.

A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, most commonly issued by trust companies or banks.  Due to its low risk profile, the return is generally less than other investments such as stocks, bonds, or mutual funds.  A Guaranteed Investment Certificate (GIC) is a secure investment that guarantees 100% of the original amount that you invested.  Your investment earns interest at either a fixed or variable rate or based on a pre-determined formula.

Need any help?

Since 2012, We've been assisting clients in making investments that make sense. Contact Us today for a free consultation.