Planning for long-term care
...long-term care? Long-term care includes a variety of medical and non-medical services and accommodations you may require due to aging, illness, injury or disability. These services and accommodations can help...
Time horizon
...for the short-term investor since their value may change frequently. People saving for a short-term goal could end up with less money than they originally invested. Stocks have a higher...
Long-term care insurance basics
...premiums will be higher the older you are when coverage begins. Get the facts about long-term care Before buying long-term care insurance, learn more about your long-term care options in...
Monitoring yield curves and duration
...economy is considered to be healthy. Flat yield curve There is little difference between short-term and long-term yields. This can happen when short-terms rates are rising as long-term rates are...
Term life insurance
...between 75 and 85. While your annual premium amount stays the same throughout the term, term insurance becomes more expensive to buy as you get older. Guaranteed renewal Most term...
Saving for long-term goals
...creating an investment plan that is appropriate for you. Investment options for long-term savings Investments like mutual funds, bonds and stocks may have a higher return over the long term....
Permanent life insurance
Permanent insurance is substantially more expensive than term insurance, especially in the early years of a policy. It is best suited for long-term insurance needs. It is most often used...
Short-Termism
Do you find yourself planning for the short term more than the long term? Do you often get tempted by immediate rewards, or do you sacrifice them for longer term...
GIC basics
...institution your money for a set number of months or years (the term). You are guaranteed to get the amount you deposited back at the end of the term. For...
Choosing a mortgage
...If you have a government-insured mortgage, the longest amortization period is 25 years. 3. Mortgage term Mortgage terms are shorter than the amortization period – in most cases, from 1...
Comparing short-term investments
10 common options 1. Chequing account Pays lowest interest of any short-term investment Has low risk Usually charges a service fee You can put in as much or as little...
Term annuity
An annuity that pays a guaranteed income for a set term. If you pass away before the end of the term, your payments will go to someone you name as...