Bogress Financial Group

06/07/2023

🔍 Unveiling the Mystery: Bank Sold Mortgage Insurance vs. Personally Owned Life Insurance! 🧐💼🔎

Curious about the real differences between these insurance options? Let's dive in and uncover the secrets!

Discover what the banks don't tell you and how you could be saving money every month by switching to personally owned policies.

🔗 Unlock the truth in our latest blog post

No more confusion, no more doubts – gain the knowledge you need to protect your loved ones and secure your financial future with confidence. 💪🏼🌟

02/16/2023

Ready to secure your retirement savings? Discover the top 5 benefits of RRSP investing in our latest blog post!

If you're looking for a way to save for your retirement, you might want to consider investing in a Registered Retirement Savings Plan (RRSP). RRSPs are one of the most popular investment vehicles in Canada, and for good reason. In this post, we'll explore the benefits of RRSP investing and why you s...

11/17/2022

We all contribute to it - but how does the Canada Pension Plan actually work?

You have been contributing for many years, but do you know what you will get? For Canadians at or nearing retirement, the Canada/Quebec Pension Plan (CPP/QPP) can be a bit of a mystery. Many people who have been contributing to it for a good portion of their lives may not be sure when to begin their...

08/25/2022

We have had a few clients ask questions about life insurance for charitable giving recently, so we thought we would write a blog post about it! Learn about some of the tax advantages for this type of donation.

A gift of life insurance can benefit your favourite charity or non-profit in a way that could go beyond your wildest dreams. Here's the dilemma... Each year, government funding to the more than 75,000 registered charities in Canada continues to be dramatically reduced. This leaves many of these char...

08/08/2022

Finances can be stressful. Take this free quiz to see how healthy your financial habits are and what areas could use some improvement.

How financially prepared are you?

05/27/2022

"The very process of developing an estate plan also often reveals opportunities to implement strategies that can maximize the amounts beneficiaries receive by reducing taxes and/or probate fees."

You know you should do it, but it’s a tough reality to face. Estate planning is a process that many people put off, and you’re certainly not alone if you have yet to begin. Just over half of Canadians (51 per cent) do not have a will, and a further 15 per cent have a will that is not up to date....

04/25/2022

Think more about "Time in the Markets" - rather than "Timing the Markets" - to help achieve your financial goals

Think about time in the markets – not timing the markets – that can help achieve your financial goals. Stock market volatility can make any investor jittery. After all, it can place your investments in the path of potential harm. When that volatility occurs alongside a stream of doom-and-gloom h...

04/13/2022

2022 Canadian Budget Highlights! Curious as to what some of the most noteworthy parts of the updated budget were but don't want to read through the 304 pages? Read our updated summary of some of the highlights below:

Last week Canada's finance minister released her second budget. While there seems to be omptimism surrounding the reopening of the economy from the COVID-19 pandemic, there still remains concerns about climate change and shifting economic and defence priorities - particularly related to the war in U...

04/05/2022

Take this quiz to see how healthy your financial habits are and what areas could use some improvement. Then, talk to your advisor to figure out how your score improved upon.

Take this quiz to see how healthy your financial habits are and what areas could use some improvement. Then, talk to your advisor to figure out how your score improved upon! If you have any questions regarding any of the noted areas in the quiz, please book a call with us or send us an email to info...

03/31/2022

If you’re injured – or worse – you’ll want a family member or an executor to be able to locate your and personal information, such as paperwork or health information, quickly and with the least amount of hassle possible.

Ensure loved ones can find your important information in case of an emergency. No one likes to think about it, but if something happened to you, would someone else be able to find your important documents? If you’re injured – or worse – you’ll want a family member or an executor to be able t...

03/29/2022

Now that you’ve arranged to meet with an advisor for the first time, doing some groundwork can help prepare you to talk about creating the best for you and your family.

“Every journey begins with a single step” is a popular phrase because it relates to so many milestones that people encounter in life. Pursuing higher education, starting a new job or career, getting married or striving to buy your first home are just some of the journeys that you may have alread...

01/27/2022

When was the last time you had a second opinion on your employee benefit plan? Click the article below to see a recent business owner who we helped save nearly 40% of their employee benefits premiums without changing their plan.

Employee benefits are not inexpensive, in fact, they can be quite the opposite. Even if you have the best plan design for your company, there are still many factors that contribute to driving up the cost of your plan. Some of these factors can be mitigated however by an experienced advisor who can n...