PLANNING FOR YOUR FUTURE
Financial planning isn’t just limited to planning for retirement. It also includes planning that affects your life today. Things like tax planning, debt management and saving for your child’s education are all very much impacted by the here and now. With the help of Balance Financial, along with a dash of creativity and a solid commitment, you can lay the groundwork for a rewarding financial position in life – today and tomorrow.
SMART & SIMPLIFIED INVESTING
Having a well thought out investment strategy can easily mean the difference between a leisurely retirement and one that is rife with financial stress. It’s never too soon to start building that nest egg. And if you are a business owner, you know that attracting and retaining talent is a competitive game. Having an attractive compensation package is essential, and this means having a package that includes a smart investing plan. At Balance Financial, we’ll optimize your employees’ investments. When combined with our generous insurance options, your employees can feel valued and secure.
Insurance is critical in planning for the unexpected. When life throws us curveballs, it’s important to be prepared. Working with Balance Financial means having access to some of the best coverage plans and lowest rates in Canada. We will work closely with you to develop the right plan for you, your family and your business. This could be any combination of life, disability, critical illness, long-term care, and travel insurance, to name a few. When the inevitable comes, make sure your family and your employees are protected against unforeseen costs and financial challenges.
The ability to deliver financial advice that is relevant, realistic and resilient doesn’t just happen. It takes time to develop. And it takes experience – as a professional and as an individual. Our vision, established by our Principal, Scott Boassaly, is to provide innovative financial advice and products to our clients to ensure the delivery of custom financial plans for life. Our relationship with our clients doesn’t end with the plan – the plan is just the beginning of a life-long friendship built on mutual trust and respect.
A former high school teacher and college Economics lecturer, Scott Boassaly has always valued education. This is further illustrated by his formal education. He holds a BA in History from Carleton University, a Bachelor of Education from The University of Ottawa, and an MBA from The University of Ottawa. We continue this tradition of valuing education by delivering free public retirement and estate planning seminars and webinars and free financial literacy workshops for kids and teens. For the past 12 years, we have taught the public service retirement course to both the Federal and Provincial governments.
Our firm is the only certified responsible investment advisory firm in Ottawa, led by Scott Boassaly’s Certified Responsible Investment Advisor (RIAC) and Responsible Investment Specialist (RIS) designations.
We are family-focussed, local and involved in our community, which means we understand you and your financial needs.
Get to know Balance Financial.
SUMMARY RRSP must convert to RRIF when annuitant turns 71 Minimum annual withdrawals from RRIF start when annuitant turns 72 Younger spouse’s age may be used to determine withdrawal prescribed factor Lower withdrawal factor requires lower minimum withdrawal Lower...read more
Minimizing tax and maximizing flexibility when your student heads off to school.read more
SUMMARY Most income sources in retirement are taxed By timing the withdrawals from your RRSP/RRIF and deferring your CPP benefits, you can maximize the Guaranteed Income Supplement (GIS) GIS is not taxed and provides tax-free cash flow in retirement A maximized TFSA...read more