Health insurance

As Canadians, we’re fortunate to have public healthcare coverage – but that doesn’t mean your provincial healthcare plan provides you with all the healthcare coverage you need.

You may be left to pay for expenses such as:

  • Prescription drugs
  • Visits to the dentist
  • Eye exams
  • Paramedical services
  • Transportation by ambulance

Our group benefit plans can help protect you against these and other unexpected healthcare expenses. From basic coverage to the maximum protection available, our plan selections, optional benefits and valuable services can make it easy for you to prepare for your healthcare needs.

Get some help for your retirement 

Your workplace pension gives you advantages that can help you save more so you can retire on your terms. It helps bridge the gap between your personal savings and what you need for your retirement. In some cases, your employer may match a portion of what you contribute. 

Grow your money tax-free 

With a tax-free savings account (TFSA), you don’t pay tax on any money earned or withdrawn. You can contribute to a TFSA at any time, and your unused contribution room is carried forward each year. Use these savings for education, a down payment on a home or other large expenses. 

Your retirement paycheque 

Income annuities can help you step into retirement with the certainty of a steady income stream. It’s a simple way to turn a portion of your savings into regular income – for a fixed period or the rest of your life. You can put a portion of your retirement savings, like your RRSP, into an annuity. 

RRSP and RESPs

Contributing to a Registered retirement savings plan (RRSP) is still one of the most popular ways to save for your retirement. Contributions are tax deductible and taxes are deferred until you withdraw your money.

 

Registered education savings plans (RESPs) offer an effective way to maximize the money available to your children or grandchildren when they enrol in a full-time post-secondary program. And anyone – parents, grandparents, other family members and friends – can open an RESP for a child. As the cost of post-secondary education continues to rise, it’s becoming even more important to start saving early for their future education.

 

Preserving your business

As a business owner, it's important to consider the various ways to cover the risks your business faces, protect your employees and build employee satisfaction and loyalty. We offer a number of solutions to help business owners like you protect and grow your business.

Life Insurance

Protect your business 

As a business owner, it's important to consider how you can protect your business. I’ve got the solutions that can help keep your business running smoothly if anything happens to you or your partners. 

  

Help your employees build more secure financial futures 

Benefits and retirement savings plans can help you attract and retain employees and give them resources to help improve their physical, financial and mental wellbeing. I can help you determine what kind of plan will work for your employees and your business. 

John Morash, BA

Financial Security Advisor
Investment Representative

I help clients, plan for retirement, choose investments, implement pension plans, buy life insurance, and acquire group and benefits. I have a BA from Simon Fraser University and primarily focus on helping clients build and protect their wealth.

I became a Financial Security Advisor with Freedom 55 Financial in 2016, after spending 15 years as General Manager and Newspaper Publisher. I choose to work with some of my fellow Rotarians at Freedom 55 because we share a similar moral philosophy of long-time community service and using our vocations to help people in need.

In 2020 I became licensed in British Columbia, as well as Saskatchewan, so I can advise my friends from the West Coast.

When I am not at work, my interests revolve around spending time outdoors with my wife Gail and our 3 children. We love downhill skiing, hiking, camping, fishing and hunting.

The top three retirement-related questions I get asked most often are as follows:

  1. What will my income be in retirement?
    At 65 if you have saved $500,000 per person that should give you an annual income of $40K per year.
     
  2. How much will individual health insurance cost in retirement?
    For a couple at age 65 you can expect to pay between $110 and $150 each per month.
     
  3. How much life insurance will I need in retirement?
    If you have very few debts and many assets you will not need much, but if you have outstanding debts or large capital gains expected at death then, we should look at enough life insurance to cover your obligations.


The part I enjoy most about being a Financial Security Advisor is meeting new people and hearing their stories. I am honoured when I become the person, they can trust to guide them through some of the most important decisions of their lives.

I hope to have the privilege of helping you achieve your financial security goals.

- John