Our Services
At our firm, we believe in empowering you to take control of your financial future with confidence. We understand that financial planning can sometimes seem overwhelming, but our approach is different. We are dedicated to providing you with engaging and insightful education about the products and services we offer. By equipping you with the knowledge of the basics, we ensure that you have a clear understanding of your options.
With our extensive network of partnerships with major companies, we go the extra mile to conduct comprehensive comparisons, enabling you to make informed decisions that align with your goals. Rest assured, we are here to guide you every step of the way, ensuring that you have the peace of mind that comes with making the best possible choices for your financial well-being.
Life Insurance
We offer income replacement and protection plans in case of death, paid out as a tax-free lump sum. These plans can be categorized into two types: Permanent and Temporary. Each type has various options and every company has its own version. We will guide you through understanding the differences and present you with the rates from different companies. This way, we can determine the most suitable plan for your specific situation.
Critical Illness
We provide income replacement and protection in the event of illnesses such as stroke, heart attack, or cancer. Along with these three major illnesses, we cover up to 26 others. If a covered illness occurs, you will receive a tax-free lump sum payment. There are two types of plans available: Permanent and Temporary. Just like Life Insurance, each company offers its own version of the product. We will help you understand the advantages and disadvantages of each option, ensuring that you select the best one for your needs.
Disability and Sickness Insurance
Income replacement is available in case of injury or sickness, whether it occurs on or off the job. This policy is crucial for self-employed individuals and business owners, as it provides a monthly income during periods when you are unable to work at full capacity. You have multiple options to choose from, including a 0-day waiting period and benefits that extend until age 70. Many companies offer different variations, and we help assess which option is most suitable for you based on your occupation, income, and affordability.
Registered Retirement Savings Plan (RRSP)
Unleash your wealth creation potential with a personalized Registered Retirement Savings Plan (RRSP). Explore diverse investment options like Segregated Funds, Mutual Funds, GICs, Stocks, and more, all growing tax-free. Benefit from tax deductions and refunds while setting the stage for lower taxes in retirement. Let us customize your RRSP investment plan to achieve your long-term goals. Join us on this empowering journey to financial prosperity.
Registered Education Savings Plan (RESP)
Registered Education Savings Plans (RESPs) are the optimal choice for saving towards your children's post-secondary education. With three main types available - Self-directed, Individual, and Group plans - all of them qualify for the Canada Education Savings Grant (CESG). The CESG provides a minimum of 20% of your contributions, up to a lifetime maximum of $7,200 per child. The funds within an RESP grow tax-free until maturity, and some companies even offer an additional 15% of all your contributions on top of the 20% CESG. We provide a detailed explanation of the advantages and disadvantages of each plan to ensure you choose the most suitable option for your needs.
Tax-Free Savings Account
Discover the power of Tax-Free Savings Accounts (TFSAs), your ultimate tool for achieving your short-term and mid-term goals! With TFSAs, you have the freedom to explore a wide range of investment options, including Segregated Funds, Mutual Funds, GICs, Stocks, and more. Imagine a container that allows your money to grow tax-free, providing you with unparalleled financial potential. Unlike traditional deductions, TFSA contributions may not offer immediate tax benefits, but the real excitement comes when you realize that withdrawals from your TFSA are entirely tax-free! It's time to unlock the thrilling possibilities of tax-free growth with a TFSA.
Real Estate
Discover the gateway to wealth creation through real estate! As fully licensed professionals, our exceptional real estate services empower you to unlock the full potential of property investments. With our expert guidance, you'll navigate the world of pre-construction buildings, strategic acquisitions, and smart property management. Maximize your returns and build a prosperous portfolio that generates long-term wealth. Let us be your trusted partner on this exciting journey to financial success through real estate!
And More!
Unlock the path to boundless wealth creation with AF-Wealth Creation! Our comprehensive suite of services is designed to propel you towards financial success. From Extended Health Care, Dental Plans, and Travel Insurance to Group Plans for businesses, we cater to all your needs. With a powerhouse network of professionals including Real Estate Agents, Accountants, Lawyers, and more, we have the expertise to maximize your wealth potential. Say goodbye to debt burdens with our proven strategies. At AF-Wealth Creation, we are dedicated to your financial prosperity, making your dreams of wealth creation a reality.