Inflation

Inflation is one of the biggest problems facing Canadians in retirement. And even the reported Consumer Price Index (CPI) is likely significantly underestimating the cost of goods. Items such as housing, medication, hydro, petro have been increasing significantly more than the reported CPI rate. And with governments around the world printing money and devaluing their currencies the risk of high inflationary exposure in the future is substantial.

In 1966
a loaf of bread cost you 30 cents
a litre of milk was 34cents
a litre of gas was about 10cents
A basic new car was around $2,500
And my parents bought their first home for $30,0000

Today (2020)
that same loaf of bread is about $3.50
a litre of milk is $4.50
a litre of gas is $1.20
A basic new car is over $40,000
And that same home is worth over a $1,000,000

Its important to have a better built plan that focuses on assets and income that can keep up with inflation, without taking on undue investment risk. We build plans that have assets such as real estate income and cash value insurance policies that significantly reduce exposure to the reduced purchasing power caused by inflation.

You need a better built plan that focuses on long term wealth and compounded growth with reduced taxation exposure.