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The Empire Life Insurance Company
259 King Street East, Kingston, Ontario K7L 3A8, Canada
Toll Free: 1 800 561-1268
Email: insurance@empire.ca or investment@empire.ca
Empire Life Investments Inc.
c/o 259 King Street East, Kingston, Ontario K7L 3A8, Canada
Toll-free telephone: 1 855 823-6883
Email: mutualfund@empire.ca
Jan 16, 2023 4:45:00 PM
In my last article, I wrote about the benefits of a buy and hold strategy where an investor stayed in the market through the ups and downs of a particular investment.
Jan 16, 2023 4:35:00 PM
A common piece of advice for investors is that long term success doesn’t hinge on timing the market. It’s time in the market that may make the bigger difference.
Dec 10, 2020 10:00:00 AM
Bill and Rosalind are friends of Sam and Christine, whom you met in this article. They live in Halifax. Bill died of a stroke just before his 70th birthday. He had named his common law partner, Rosalind, as beneficiary of his Registered Retirement Income Fund (RRIF) via his will, which he had set up earlier in the year.
Dec 3, 2020 11:59:40 AM
Sam and Christine live in Moncton, New Brunswick. Sam is celebrating his 71st birthday this year. He has held on to his Registered Retirement Savings Plan (RRSP), optimizing the tax sheltered benefits of doing so. He named his wife Christine as beneficiary of that plan. Sam wants to convert his RRSP to a Registered Retirement Income Fund (RRIF).
Nov 26, 2020 1:30:00 PM
Tom and Sharon have been together for about 8 years. This is a second marriage for both of them. Tom is semi-retired; Sharon is a retired schoolteacher. The couple are both wary investors; they still feel the pain of the big market correction in 2008–09. They moved their investments to segregated funds for the insurance guarantees including the ability to reset the minimum guarantees based on the growth on their investments.
Oct 9, 2020 10:00:00 AM
The next retirement myth is an example of an inter-generational issue. It also goes back to the issue of when to start making and funding plans for retirement.
Jul 16, 2020 2:45:00 PM
Things often go wrong or take an unexpected turn even though you carefully planned what you were going to do. Robert Burns’ famous line basically said that the best laid plans of mice and men often go astray. That extends to intentions of staying on the job or finding paid work later in life. Here's retirement myth #9:
Jun 18, 2020 9:00:00 AM
At the risk of sounding nitpicky, governments don’t pay for anything. Working Canadians do. Taxpayers do. Taxes are directed to certain areas of need. Growing needs and rising costs means that there isn’t enough public money to go around. That reality is hitting retirees and will hit them harder as time goes on.
®/TM Trademarks of The Empire Life Insurance Company.