Moakler Wealth Management

For anyone to collect on life insurance, you have to die. Right? Wrong. But that’s what the vast majority of people think.... The truth is that YOU can be the beneficiary of your very own life insurance policy, when you are very much alive. --What if you could use the Living Benefits of a cash value life insurance policy to never lose any money, ever again? --What if you could use that saved money to take advantage of investment opportunities as they present themselves? --What if you could do all of this with little or no income tax liability? --And here’s a REALLY big one: what if you could use this strategy to avoid a long-term care home, now that the pandemic has revealed just how deadly they are? Intrigued? Just click. https://lnkd.in/gkpfE-6 #businessowners #doctors #dentists #financialplanning #retirement #insurance #longtermcareinsurance #livingbenefits #longtermcare #personalfinance #investing #HealThyWealth

I started my career in the IT world of corporate Canada. Then I moved into the world of startup software companies. Then, 18 years ago, I became a financial planner. So I know the stats only 1 in 8 startups survive and from my experience in that world, I have a fairly high risk tolerance.... That’s why my TFSA is fully funded with shares of a private startup company. That kind of approach to a TFSA may not be for you. Totally fine! Whether it is or isn’t, you can learn more about TFSA fundamentals by watching this short video. https://youtu.be/wVgpl5XCK5k #TFSA #doctors #dentists #businessowners #financialplanning #retirement #personalfinance #investing #HealThyWealth

They gave the TFSA the tax free savings account the wrong name! It should be TFIA: Tax Free INVESTMENT Account. Having the word savings in there has led many Canadians to believe they can only have a TFSA at one of the major banks. ... Wrong! A TFSA is allowed to invest in almost anything. Like what, you ask? It’s in the video. https://youtu.be/wVgpl5XCK5k #TFSA #doctors #dentists #businessowners #financialplanning #retirement #personalfinance #investing #HealThyWealth

TRUE OR FALSE: EVERY Canadian adult should have a TFSA a tax free savings account. True!... It’s especially true if you don’t have one yet, because if you were 18 years of age or older in 2009, you can put at least $75,500 into a TFSA today and when you eventually take money out, it will be 100% tax free. Want to know more? It’s in the video. https://youtu.be/wVgpl5XCK5k #TFSA #doctors #dentists #businessowners #financialplanning #retirement #personalfinance #investing #HealThyWealth

Financial planning mistakes! Is your goal in life to make Ottawa happy by paying more taxes? Yes? Then don’t watch this video. But if you would rather pay a lot less personal and corporate tax and avoid the mistakes we so often see read on and click through.... When my team and I meet a new client, all too often we see huge financial planning mistakes in the current path they are taking. For one recent client, we uncovered that 7 of their 9 insurance policies were incorrectly designed. And, he was overpaying his premiums because he was paying monthly as opposed to annually which would have cost him $215,000 (!) over 15 years. AND, his critical illness policies were not owned properly costing him 30% more on premiums. So: Want to find out if your insurance policies have costly design and ownership mistakes in them? Of course you do. Just click to watch the video! https://lnkd.in/g5EfPMt #businessowners #doctors #dentists #financialplanning #retirement #insurance #criticalillness #personalfinance #investing #HealThyWealth