Karolina Szymanska

Do you own a LIRA? (Locked In Retirement Account) If you do, here are some tips on how to get the most our of this precious account.... A LIRA is a type or registered pension fund in Canada that does not allow withdrawals until you are officially in retirement. (except in severe circumstances) When an employee leaves a work place with a pension plan, many of these plans convert to a LIRA. When leaving that workplace, you will have the option to leave the LIRA with the same investment company, or to move it to another company. Here's where things get interesting: Because a LIRA cannot be touched, most people leave it as is & where is, and pay very little mind to it. Time passes by, and the LIRA is neither protected from gain taxes in case you died before using it up, nor is it given the chance to grow to its fullest potential in time for retirement. Since a LIRA is registered, your money grows in it tax deffered, which basically means you don't have to pay any tax while it's growing. What can you do differently??? In order to learn what options you have to help grow your LIRA better and ensure it's safe, speak with your financial advisor! Once you've chosen the best option based on your goals, review your planning annually to make necessary adjustments. If you don't have an advisor yet, feel free to get in touch with me! I'd be more than happy to help lead you in the right direction. . . . . . . . . #finance #investing #money #lira #retirement #protectyourmoney #growyourmoney #ladies #family #financialliteracy #security #wealthstrategy #kwawesome

What Financial Matter have you procrastinated on that may have hurt your overall financial wellbeing? We all do this! And, this is often the type of topic that makes us very unconfortable. Have you put off:... The dreaded Life Insurance Convo? Doing your taxes? Dealing with debt and creditors? Starting an education fund for your kids? Speaking with your partner about their buying habits? Learning more about investing? ... I could go on and on. Putting off financial matters is never a good idea, as it often leads to more and more unconfortable situations as a nasty by-product in the near or far future. Here are a few tips on financially moving forward and getting things done! Create a Financial to do list. Set a goal for when each task must be done. Be generous with timing, but hold yourself accountable to each deadline. Don't bite off more than you can chew at one time. Do one thing AT A TIME! This way, everything will feel less overwhelming. Ask for help! Don't be afraid to reach out for guidance to people like me. We actually want to see you grow and can give you great tips on the journey. Give yourself time. Be patient with yourself and don't beat yourself up about your failures. It never helps you feel better, and actually created a heavy cloud mentally that can make it harder to make progress. Celebrate your successes. Reward yourself in meaningful ways and recognize progress. You're doing great! Never put off what you can do today guys. You will thank yourself for it. . . . . . . . #money #thursdaytip #financialliteracy #dobetter #getstarted #dontquit #youcandoit #finance #womeninbusiness #womenandmoney #kwawesome #debtfree #financialwellness #selflove

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Spring has sprung and the home buyers market is starting to heat up! Once again, we are starting our Resource Webinars for those renters eager to FINALLY buy their first homes! If you or anyone you know wants to make forward movement towards ownership, we can certainly help them get there faster and more securely. Feel free to refer our Free Webinars & services to your family and friends! ... Much Love ~~~ Karolina See more

This one is for anyone who might be feeling financially stressed and like they are in a mental or physical rut. Let's get through this together!!!! <3 <3 <3 https://www.linkedin.com//money-mondays-financially-stre/

To those who follow my posts and articles, THANK YOU!!!!! I am doing my best to post more on LinkedIn. Feel free to follow me on there! Here is my most recent article. It is an amazing intro to understanding how to ensure your income doesn't stop even if you get sick or injured, and cannot work! Enjoy! #moneymonday... https://www.linkedin.com//money-monday-income-protection-1

There is never a bad time for this... Enjoy your Friday Financial Tidbit. Have a beeeautiful weekend everyone

What do you deserve??? #financialtips #financialfreedom #security #debtfree #covid #kwawesome #ontario