Podcasts
Term vs. Permanent Life Insurance: Covering Your Final Tax Bill
Is the life insurance policy you bought years ago still the right fit as you approach retirement?
In this episode of the Elevated Wealth Podcast, CERTIFIED FINANCIAL PLANNER professionals Karen Erickson and Kayla Caruana explore the difference between term and permanent life insurance, and how converting an existing term policy can fund a significant estate tax liability.
They discuss joint last-to-die coverage, the capital gains that come with a cottage or ski condo, and the family conversations and estate needs analysis that should happen before any property changes hands.
CPP vs. OAS Explained: When Should You Start Taking Them?
CPP and OAS both provide retirement income, but they are two very different government benefits — and for higher-income retirees, only one of them is guaranteed.
In this episode of the Elevated Wealth Podcast, CERTIFIED FINANCIAL PLANNER professionals Karen Erickson and Kayla Caruana explain how the Canada Pension Plan and Old Age Security differ, why a larger net income causes an OAS clawback, and what that means for your broader tax plan.
From health and longevity to cash-flow needs and the bonus for delaying to age 70, there's no single right answer. Karen and Kayla discuss how reviewing your complete financial picture — including the other income sources that let you afford to wait — leads to a more informed decision.
Financial Plan vs. Investments: Why a Statement Isn't a Plan
Having investments doesn't mean you have a financial plan. In this episode of the Elevated Wealth Podcast, CERTIFIED FINANCIAL PLANNER professionals Karen Erickson and Kayla Caruana explain the difference between investment management and comprehensive financial planning. They cover tax-efficient retirement income, choosing the right account types, and why a plan built by a CERTIFIED FINANCIAL PLANNER professional looks nothing like an investment statement.
They also explain why high-net-worth families in the Okanagan need their planner, accountant, and lawyer working from one holistic view — and why your financial plan and your estate plan should never contradict each other.
Tax Planning for Canadians: Are You Overpaying the CRA?
Everyone has to pay their fair share, but the CRA is never going to send you a note reminding you to claim your medical expenses or charitable donations. The more assets you hold — and the more places your income comes from — the more that silence costs you. In this episode of the Elevated Wealth Podcast, CERTIFIED FINANCIAL PLANNER professionals Karen Erickson and Kayla Caruana explain how proactive tax planning helps affluent Canadian families minimize unnecessary tax liabilities, and why your accountant and your financial planner do two very different jobs.
Do I Actually Have Enough to Retire?
It's a question Karen Erickson and Kayla Caruana hear often: do I actually have enough to retire comfortably and what does "comfortably" even mean?
In this first episode, CERTIFIED FINANCIAL PLANNER professionals Karen Erickson and Kayla Caruana break down retirement readiness and income planning, starting with the exercise anyone can do at the kitchen table: look at what you spend now, and decide what carries into retirement. From there they cover base monthly retirement expenses, how to budget for the big stuff (travel, vehicle upgrades, the new set of golf clubs), and why the answer looks completely different for someone camping and fishing close to home than for someone planning to stand on the Great Wall of China.
The Living Market podcast with host Philip Petursson
Inflation. Volatility. Bears and Bulls. There’s a lot to unpack in the markets. Host Philip Petursson, Chief Investment Strategist at IG Wealth Management, brings clarity to the markets by sharing his views on the trends dominating the investment landscape and how they impact your financial life. Listen on:
A Wealth of Women’s Stories
Join award-winning entrepreneur and Dragon‘s Den Co-Host, Manjit Minhas to hear stories of empowerment, breakthrough, and perseverance shared by inspirational women from all walks of life. Manjit and guests will discuss and explore topics that impact the lives of anyone who identifies as a woman. Listen on:
