TOP 10 BENEFITS OF A ‘RETIRE-RITE’ DESIGNED UNIVERSAL LIFE PORTFOLIO

(Help Your Family Be Financially Prepared, Protected and Invested)

Benefit #1: Earn fixed returns via GIA’s and/or potentially higher returns. Cash held in a Universal Life portfolio can be invested in indexed funds, which mimics capital market returns. Riyad will also demonstrate how to take advantage of dollar-cost-averaging.

Benefit #2: Lock in mortality rates based on your current age and be 100% confident that your permanent rates can never go up, regardless of market or carrier circumstances. Better priced rates allow more money from each premium to be invested.

Benefit #3: Protect yourself from an accidental policy lapse; use the cash values within your portfolio to cover the cost of insurance.

Benefit #4: Protect future insurability with a lower-cost term rider. Do not risk losing your ability to protect your family due to a sudden illness. Unfortunately, we are statistically becoming more and more uninsurable for a myriad of external factors; take heed

Benefit #5: Fund your children’s education, save for an investment property down payment or allocate funds for your retirement.

Benefit #6: Bypass time-consuming and costly probate and Estate taxes. Most UL death benefits are paid within 30 days of claim and without interuption unless the contract is under 2 years, which requires an investigation and/or if you committed suicide.

Benefit #7: UL’s charge minimal fees when compared to alternative investments, additionally, carriers offer long-term investment bonuses, for clients who commit to their portfolios, which can offset future costs (ask us how we can accomplish this objective).

Benefit #8: Preselect your beneficiaries and allocate proceeds ahead of time; thereby, preventing future disputes and in-fighting.

Benefit #9: Enjoy deposit holidays, if you are temporarily unemployed, relocating or cannot work due to illness or injury.

Benefit #10: Add additional riders such as Critical Illness, Children Riders and or Mortgage Insurance protection under one structure, thereby, offering better management of your financial services. This benefit will also allow you to save money on fees.

Bonus Benefit: Tax deferral savings can offset premiums when properly funded. This is probably my #1 benefit, as I can illustrate how to use savings from taxation to cover the pure net costs of your UL portfolio. Worried about taxation? Proceeds from a UL portfolio can be accessed on a tax-free basis while you are alive or upon your mortality (ask us how we accomplish this objective).

Ryad K Mohammed FA; PWA; RMS – Focused on Conceptually Driven Solutions…

Riyad’s mission statement is to ‘Elevate the Financial Literacy Quotient’ in all Canadians, via workshops, webinars, seminars, and live social media sessions, as he strongly believes in consumer education, so that, they better manage and understand aspects of their finances and are confidentially prepared to ask the right questions. We offer virtual workshops; ask us how…

Riyad has been serving the Wealth Management needs of Canadians for the past 32 years; he is not only vastly experienced, but he is also an Advanced Case Specialist, which simply means he was trained on handling complex financial situations. Riyad is focused on identifying and resolving financial concerns and is NOT PRODUCT driven. His approach to fulfilling the needs of his clients is 100% conceptual and or strategically driven. This is evident with all Riyad’s internally branded financial solutions.

Riyad created Canada’s first consumer navigated financial planning software, branded Manage Your Money™; every client who works with Riyad can create a Financial Plan, free of charge; of course. 

Riyad is also adverse on debt and taxation and is always looking for ways to fulfill three objectives; a) reduce debt, b) minimize taxation with legit tax deductions and c) grow your wealth

Riyad also created the Mortgage Eliminator™ software; its primary function is to eliminate traditional mortgages in 12.5 years, as opposed to 25 years, saving his clients tens of thousands in unnecessary and wasted interest. (ask us for a sample worksheet)

Riyad can be contacted at: riyadm@themoneycafe.ca or reach out to him on Facebook, LinkedIN and or Instagram. His website is: www.themoneycafe.ca and www.retire-rite.ca