Identifying risk through insurance.
Retirement planning can be a complex process for us all, but if you are the owner of a small business it may can get even more complicated, due to the various factors and circumstances that you have to take into consideration. A common mistake made by small business owners is reinvesting extra money to grow their business, at the expense of putting it aside to save for their retirement.
Recent research by the Rick Hansen Foundation found that, not only are much fewer disabled individuals in Canada in employment compared with those without a disability, almost 15% of those with a disability are living below the poverty line. These statistics are frightening when you consider the fact that they are less likely to have the ability to live independently in the future and are therefore much more reliant on the financial support of their family throughout their lifetime. This can naturally put a big strain on the family’s finances and many parents worry greatly about their ability to provide sufficient income to care for the needs of their disabled child both now and in the future.
HollisWealth ® is a trade name of Investia Financial Services Inc. and Hollis Insurance. Mutual Fund products provided by HollisWealth are provided through Investia Financial Services Inc. Insurance products provided by HollisWealth are provided through Hollis Insurance. Ability Private Client Group is an independent company unrelated to HollisWealth and Investia Financial Services Inc. Investia Financial Services Inc. companies have no liability for Ability Private Client Group.