Anders Wealth Management

10/27/2021

Are you aware of probate fees? Probate can tie up settlements sometimes by months or years, and can be very costly to the beneficiaries as the money comes out of the settlement.

There are ways to get around probate fees. We are experts at showing you all your options to avoid probate and leave your beneficiaries with the highest inheritance possible.

Click below to read the full article and contact us to chat about your options.

When Simon's father passed away two years ago, he didn't think much about how his estate would be handled. His mother had died five years before, and his dad's will was clear about how his assets would be divided. Then came probate, a process to confirm the validity of his will. Not only did unexpec...

10/18/2021

Thinking about switching careers? If you have a pension with your current employer, it is important to understand how to handle that pension when you chose to move on to a new job.

There are many options to choose from, all of which require the expertise of a financial advisor to guide you in the right direction.

Here at Anders Wealth Management, we have plenty of practice helping clients manage their pensions. Call us today if you are considering switching career paths!

As the pandemic slowly recedes, work-life balance trends emerge. A recent Angus Reid survey revealed that 19% of Canadians would quit or look for a new job if required to return to the office. 25% of survey participants stated they would look for new employment after returning to office. If you have...

10/13/2021

When was the last time you reviewed your financial plan? We recommend doing a review with your financial advisor once a year to keep up-to-date with inflation and changing lifestyles.

Our goals and plans for the future can change often and quickly. This is why it is important to re-visit your financial plan once a year to ensure you are still comfortable with your financial standing.

If you have not done a review yet this year, contact our office and let's change that



https://www.rayanders.ca/e-newsletter/2021/2021-10/article-1.htm

09/27/2021

Are you well-versed on what it means to be a Power of Attorney (PoA)? Becoming a PoA for aging parents or loved ones is a common act within the financial industry.

As a PoA, you are able to make decisions on their behalf regarding their financial situation. This can be a very stressful position to uphold and requires a great deal of discussion beforehand with your loved ones and their financial advisor.

Contact us today and let's discuss what it means to become a PoA, and how best to handle the situation should it arise in the future.

It seemed there was nothing her father couldn't do when Margaret was growing up. He was the most capable person she knew. Widowed by the time he was 55, he lived an independent and full life, never relying on Margaret for anything other than her company. Four years ago, however, Margaret began notic...

09/20/2021

Are you a business-owner, self-employed, or a contractor? Did you know you get special tax advantages?

Here at Anders Wealth Management we know all the tips and tricks to help you save on taxes. Contact us today and let's find ways to minimize your tax bill!

Freelancer, self-employed, contractor, independent, temporary or gig worker and entrepreneur are all terms used to describe sole proprietors. While sole proprietorship isn’t new, it is most definitely on the rise. Sole proprietorship - popularly referred to as “gig work” or the “gig economy....

09/17/2021

Today we have a series of questions that everyone should be asking themselves: How much debt are you carrying? What scenario planning have you considered for events which could dramatically affect your long-term financial goals? Can you increase your savings rate while trimming your lifestyle? How will record global Government debt levels impact your financial strategy over the next 2-5 years?

Chat with us today and let's answer these questions together!



https://www.rayanders.ca/e-newsletter/2021/2021-09/article-1.htm

08/31/2021

There's no secrets when it comes to financial prosperity in retirement, but there are tips and tricks. The below article from FinancialPost Works highlights some of these tips.

Here at Anders Wealth, we know these tricks like the back of our hand. We are well-versed in helping clients become financially independent even throughout retirement.

Contact us today and let's ensure your retirement is prosperous!

Lessons from Peter Hodson's centenarian father-in-law, who, by the way, is still investing

08/16/2021

The separation of a marriage is challenging for everyone involved. With so many things to consider, many don't make time to sit down with a financial advisor to ensure they are being taken care of post-divorce.

"'Working with a financial advisor as I navigated my divorce was a game-changer,' says Patricia. "There were questions and options that came up in our conversations that I would never have dreamed of.'"

Click below to read the full article and keep us in mind should you or a loved one go through a divorce - we want to help you navigate the financial side of it in the easiest way possible.

"After 38 years of marriage, I was blindsided when my husband asked me for a divorce," says Patricia, 61. "I didn't see it coming and was shocked at how fast and efficiently he left the life we had built together." Like many women of Patricia's generation, she had made the decision to stay home and....

07/23/2021

Beneficiary designations can be a big decision - especially if you have children, a large family, or are married. The article below speaks on a case where beneficiary designations were not up-to-date after a second marriage causing issues for the surviving spouse upon their partner's passing.

Although beneficiary designations are standard practice when applying for insurance or investments, it is worthwhile reviewing your beneficiaries on a regular basis.

Anders Wealth Management has experience guiding clients to building and reviewing their estate plans regularly. Contact us today to ensure your estate is taken care of as you intend it to be.

When Margaret and James married in 2005, it was a second marriage for both of them. They had no children, so when they did their financial planning, their wills were clear that 100% of their estates would go to the other. Believing this was sufficient protection, they built a life and continued to g...

07/15/2021

After the roller coaster year that we have experienced, it's only natural to wonder if you're doing enough to prepare for retirement. Sometimes going "back to the basics" is just what you need!

Planning for the future is a complex and sometimes emotional process that is not easy to do without guidance. Connect with us today, whether it's to get started or feel confident that the plan you already have in place will help you live the financially secure retirement you deserve.

Recessions, stock-market declines, housing market bubbles, joblessness and, most recently, a global pandemic have created a series of challenges for people trying to start, grow or maintain a retirement savings plan. Given this rollercoaster, it's natural to wonder if you're doing all you can to pro...

06/29/2021

When it comes to investing your hard-earned money, don't play a guessing game. It can be tricky to know how much to invest throughout the years in order to be comfortable in retirement.

Luckily, Anders Wealth Management has you covered. We have years of experience helping clients set up and understand their investment strategy.

Call our office today to learn how we can help you build and grow your investment capital as well as preserve it in your retirement years!

The goal of financial planning is to build enough assets, by the time you retire, that the income earned from investments (including pensions etc.) will provide you with your desired lifestyle, without the need to get out of bed and go to work. Simple, right? All other discussions relate to the stra...

06/25/2021

The current housing market is booming. Before you buy, it is important to understand all the underlying costs that come with owning a home such as mortgage insurance.

Mortgage insurance is in place to protect you and your family, but many do not know of all the advantages of purchasing mortgage insurance through a life insurance agent.

Anders Wealth Management has years of experience with providing all kinds of insurance - including mortgage insurance! Chat with us today about how we can keep you and your family protected through mortgage insurance

It's all part of the process when you are arranging a mortgage for your new home. The bank employee inevitably asks if you would like to purchase mortgage insurance. No one likes to think about their own mortality; however, we all know deep down that stuff happens. People contract terminal illnesses...