Christa Reynolds at Front Gate Financial Group

02/15/2022

Deadlines are fast approaching! Get a chance to win $5000 by contributing to your RRSP or TFSA!
Contact me for more information!

03/16/2021

Did you know that only 58% of Canadians have life insurance? Are you part of the 42% that doesn't?
Many question whether or not they need life insurance. Here are a few quick questions to ask yourself:
Are you are married and your spouse depends on your income?
Do you have children?
Do you have an aging parent or disabled relative who depends on you for support?
Are your retirement savings and pension income enough for your spouse to live on?
Do you have a large estate and expect to owe estate taxes?
Do you own a business, especially if you have a partner?
Do you have a substantial joint financial obligation, such as a personal loan for which another person would be legally responsible after your death?
If you've answered yes to any of the above, you should have life insurance.
Have any of the above scenarios changed for you? If so the life insurance that you purchased 10 years ago may not be adequate.
Dealing with a Financial Advisor can help answer all of these questions and take the guess work out of Life Insurance. Reach out and let's talk.

01/12/2021

Let me help by setting up a plan to ease the worry of education costs down the road. Take advantage of the grants available to you and start investing early. Education costs in NB alone increased 200% from 1992 to 2014... So where will they be in 18 years from now? Will you be prepared?

01/11/2021

One of the top New Years Resolutions that people make year over year is to Save More and Spend Less, but most are not sure where to start.
~Has there been a new addition to your family? Take advantage of the grants available and start investing in RESPs early as post secondary education costs can be scary.
~Are you properly set up with investment tools that will allow you to maximize your returns? Investments with guarantees, yes - you read that correctly!
~Is your family protected if something were to un expectedly happen to you? Think about leaving your loved one with a family to take care of, and payments to make - Not an ideal situation.
~Self-Employed and need benefits? What will happen if you're injured? Are you okay paying overhead costs without money coming in? - It's not ideal!

There's no better time for a review of your financial situation than the beginning of the year. Have peace of mind knowing that you're taking control of your financial wellbeing. Call, txt, or send me a message to discuss your options.

08/20/2020

Choosing to invest in uncertain times can be stressful, but ensuring that your risk is a calculated one can pay off. At Front Gate Financial having the ability to take advantage of the markets, while also having guarantees on your investments, is the perfect way to ensure that your risk is a calculated one. Guarantees on investments have provided our clients with peace of mind during these uncertain times knowing that their investments are protected. Are you looking for a little peace of mind? Give me a call or send me a message.

Last Updated Aug. 18, 2020, 10:18 p.m. ETAug. 18, 2020, 10:18 p.m. ETWall Street Reaches a RecordThis briefing is no longer being updated. Follow live updates here.Here’s what you need to know:Stocks are officially in a ‘bull market’ again. Here’s what that means.Boeing is planning deeper jo...

03/21/2020

02/24/2020

It's never too early to start planning for your retirement. Start early and make things easier down the road. There are a ton of options out there that will make it all seem very overwhelming, but sitting with a financial advisor that will take the time to review your goals and set up a personalized plan will help!

02/18/2020

When meeting with clients regarding life insurance, I often hear "I'm just a stay at home mom". Think about what it is that you do, and what it would cost for your spouse to have someone complete those tasks while they remain working to support your family... Life Insurance matters! Protect yourself and in-turn protect your family. Reach out and I can run a quick no-obligation quote for you.

02/12/2020

Ready to make your money work for you? Tired of the risks associated with mutual funds? What if I told you that there are investments out there that come with guarantees, would you be interested?? If you've answered yes to any of the above questions, let's have a quick chat and I can show you what is available to you to help.

02/03/2020

As we approach the busy season in the real estate market, it's time to discuss Mortgage Protection Insurance. Do you already have it? Do you feel that your family is well protected? Take a peek at the video below posted by CBC Marketplace as it may be a reality check for some of you. These companies ask minimal, but complicated questions, and underwrite the policies after you or your loved one has passed. This means that you may be paying premiums only to find out that the beautiful home that you're living in with your family is Not covered, and you may be left with those mortgage payments. As a financial advisor, I can run quotes through our system with multiple companies ensuring that you're getting the best possible pricing, and that your policy will be underwritten at the time of application. Contact me today to ensure that you and your loved ones are protected.

Mortgage insurance is meant to offer peace of mind. Most people pay the premiums and think they're covered. But some have discovered - when it's too late - t...

01/30/2020

Let's talk education costs. Looking at these photos that are from Statistics Canada published in 2016, the rising costs of tuition is INSANE - Are you prepared??
The ANNUAL costs for an undergraduate program at the UNB Fredericton campus for the 2019-20 year are:
Tuition - $7126 to $12617 depending on the program
Mandatory fees - $1005
Supplemental fees - up to $1534 depending on the program
Residence - minimum $5393 for your standard double occupancy
Meal plans - $4574

As an example, if your child decides on the field of Engineering. The tuition cost for the program is $8411, plus the $1005 in mandatory fees, and add the $1534 fee for the Engineering program, and the typical residence fee and meal plan if they're staying on campus and you're going to be out of pocket $20917 for ONE YEAR, meaning $83668 for the 4 year program if tuition remained the same for all 4 years (which it obviously won't)

With education costs rising as fast as they are, are you helping to secure the financial future of your little ones by taking advantage of the FREE government grants that are available? Setting up an RESP is easy. As an advisor, I can help you by setting up your account to ensure that you are getting the most for your money by ensuring that you're enrolled to receive the grants available to you and maximizing your returns. At Front Gate Financial we have access to all major companies, ensuring that you're invested in the best product possible.

So, let's talk! Reach out to me and let's ensure that you're not leaving your child with $100,000 of debt as a new graduate!

06/12/2019

This article was posted by CBC today and highlights just one of the financial burdens our families face when losing a loved one. If you were the one left behind, could you cover your daily living expenses? What about your loved one, could they survive with the reduced income? Contact me and we can set a plan in place to relieve that stress.

A senior couple who both get CPP benefits and Old Age Security (OAS) can live comfortably — with about $3,500 a month in income if they’re both getting the maximum benefits. But what happens when one spouse dies and the other is left alone? That's where it gets tricky.