Case Study - Chiropractor

Data: Female, age 38, non-smoker

Concerns

Needs & Wants:

• Insurance to cover unexpected disability and/or illness
• Life Insurance to protect her family and to cover her debt & mortgage
• An early retirement strategy
• Tax sheltering
• Assets to cover future estate taxes

Goals:

My client shared with me that she wanted to retire early at age 52.   She had just moved and wanted her life insurance to cover her new mortgage, existing debt as well as leave her family with an inheritance.

As she was well into her professional career as a chiropractor, she felt she now could set aside $3000/mth as a retirement investment from now until age 52, she also wanted the ability to tax shelter all this money and be able to use it in fourteen years to supplement her income.

It was also important to her to be able to keep the family cottage in the family.

How did I help?