Retirement Planning | Lawyers Financial

Three truths women can’t ignore

Meghan Hicks, a Lawyers Financial Advisor in Kelowna, British Columbia, helps many female lawyers manage their finances and plan for the future. After more than a decade working with a wide variety of clients, she has some valuable advice to share.

Lawyers finally have a pension to call their own

You’ve watched other professions enjoy the enviable benefits of a predictable pension for life while you’ve likely been left on your own to save what you can for retirement.

4 Questions you should ask your Financial Advisor

When it comes to financial planning for lawyers, here are some questions you need to be asking your advisor.

Everyone needs an RRSP right? Wrong!

The deadline to make a contribution to your Registered Retirement Savings Plan (RRSP) is March 2, 2020.

Now's a good time to think about RRSPs

Taking the time now to consider personal tax implications and laying down a financial foundation for the coming year can go a long way to setting yourself up for success down the road.

New! Defined Benefit Pension Plan for Law Firms

The Canadian Bar Insurance Association’s (“Lawyers Financial”) mandate is to serve the financial needs of Canada’s legal community by providing high-quality investment and insurance solutions

Lawyers Financial developing retirement plan for legal community

The legal community may soon be able to get in on the ground floor of an “innovative” retirement plan designed specifically for lawyers and their staff, says Dawn Marchand, vice-president of marketing, product and direct distribut

3 Reasons to jump on the company pension plan

If you are lucky enough to have a company-sponsored pension plan, it’s likely a defined contribution (DC) plan and your employer may offer some amount of matching, meaning they will also be contributing to your retirement savings goal.

Take stock today to plan your retirement

Taking stock of how you live today can help you develop a plan for your retirement years, says Dawn Marchand, vice-president of marketing, product and direct distribution for Lawyers Financial, which offers insuran

Cash for life. At what cost?

Examining the 4 percent rule

The so-called 4 percent rule has become the popular formula for napkin math when it comes to calculating how long your retirement savings could last. It goes like this:

Lawyers Financial Advisory Services Inc. (LFAS) is licensed to sell life and accident & sickness insurance across Canada. LFAS is a wholly owned subsidiary of Lawyers Financial and promotes and distributes Lawyers Financial products and plans across Canada.