Financial planning for first-gen wealth builders in Canada

Uncover Your Blind Spots: The Wealth Protection & Risk Audit

Evaluate your insurance adequacy and estate planning gaps in under 2 minutes—without the sales pressure.

Start your free risk auditWhat we evaluate

Figures are illustrative only — every situation is different, so please seek professional analysis before acting.

D — Debt
$

Loans, lines of credit and credit cards — excluding the mortgage

$

Remaining principal on your home and any other real estate

I — Income replacement
$

Gross employment and business income, before tax

Often until dependents are financially independent

%

Net of inflation — the lump sum is invested while drawn down, so we discount the income stream

E — Education & coverage in force

Children or family members relying on your income

$

Estimated post-secondary cost per child

$

Total death benefit in force, including group coverage

Life insurance need

$1,523,624

DIME total before subtracting existing coverage.

Life insurance gap

$1,273,624

DIME, discounted at 3% net of inflation, less coverage in force.

What we evaluate

Three domains where household plans most often carry hidden risk

Life insurance

Whether the capital in force would replace your income, retire debt and fund your family's plan if you were gone tomorrow.

  • — Income replacement horizon
  • — Debt and mortgage clearance
  • — Group vs. individual coverage

Living benefits

Disability and critical illness are the most commonly underweighted risks in an otherwise well-built plan.

  • — Monthly benefit adequacy
  • — Definition of disability
  • — Critical illness lump sum

Estate documents

A current Will, powers of attorney and aligned beneficiary designations determine how efficiently your estate settles.

  • — Will currency and executor
  • — POA for property and care
  • — Beneficiary alignment