John Morash, BA

Financial Security Advisor
Investment Representative

I provide specialized financial security advice and planning services for Retirement, Investments, Pension Plans, Insurance and Group Benefits. I have a BA from Simon Fraser University and primarily focus on helping clients build and protect their wealth and estates.
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 2018 I partnered with Steve Suchorab in our Group Benefits practice, which is a good fit given my business management background. Then 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:
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.
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. 
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
 

Why go global – Canada Life

Learn how adding global funds to your portfolio can help you truly diversify your investments.

 


View the video transcript

 

Description: Text: “Why Global?” appears. The camera pans over and travels across the Canadian landscape from coast to coast.

Narrator: When it comes to investing, Canadians love their home and native land.

Description: A maple leaf graphic comes into frame and the camera follows it upwards. A pie chart appears around the leaf and text appears beside it: “90% of the average Canadian’s assets are invested in Canada alone.*” Legal line appears: “*Source: Investor Economics Household Balance Sheet Report 2018”.

Narrator: So much so that 90% of the average Canadian’s assets are invested in Canada alone.*

Description: The text and pie chart disappear. The leaf graphic grows and attaches to a figure while it waves back and forth.

Narrator: And while it may seem patriotic to support local and domestic business.

Description: Two graphics appear representing local and domestic business. The camera pans down to show three lines, representing personal, Canadian, and global equity. A coin rolls along the personal line, falling off when the line takes a downturn.

Narrator: If the Canadian economy takes a downturn, this historical bias towards Canadian equities means your investments are vulnerable to “at-home” risk.

Description: The camera pans up to show a graphic of North America on a globe and large graphic text: “Less than 3%”.

Narrator: Canada makes up less than 3% of the world’s financial market.*

Description: The large graphic text changes to “97%” as the globe switches to a view of Europe and Asia.

Narrator: So if you’re only investing in Canada, you’re missing out on 97% of the world’s investment opportunities.

Description: The camera pans down to show a world map. Location pins appear across the map.

Narrator: Investors are shifting focus to global equities for potentially better returns.

Description: The map fades away and the camera pans across three global locations as the country names appear: “United Kingdom”, “Netherlands”, “Japan.”

Narrator: To help you diversify, Canada Life now offers more global funds from some of the world’s largest investment managers.

Description: Cut to four goals with corresponding graphics, “Travel”, “Education”, “New Home”, “Retirement”. The New home graphic grows as the others disappear and a pie chart appears around it.

Narrator: Whatever the goal is, we have a fund to help you get there.

Description: The camera pans up to a globe surrounded by six graphics representing diverse portfolio investments.

Narrator: Find out how you could achieve true diversification by exposing your portfolio to a world of opportunity.

Description: Text: “To learn more, reach out to your Products Service Centre partner.”

Narrator: To learn more, reach out to your Product Solutions Centre partner.

Description: Canada Life logo and legal lines appear: Canada Life and design are trademarks of the Canada Life Assurance Company. canadalife.com 1-800-957-9777.

You may be eligible for four months of free term insurance*. Talk to me to learn how.

Why term life insurance?

It’s temporary coverage that lasts for a set period and, in most cases, automatically renews. There are a range of term products available to suit your needs. With term life insurance, the payments you make, called premiums, are set at an initial low cost that won’t change during the length of your term.
 
Which longer term life insurance option is best for you?

Deciding what term length works best for you depends on your personal situation and your stage of life. Consider your age, income, debts and family structure. Think about; if you have a mortgage or kids, how much and what kind of debt you are carrying, if you’re worried about providing for your family after you die, how soon you’re planning to retire, how much you can afford to spend on monthly insurance payments.
 

Term 10

Term 20

Term 30

Term to age 65

You want a low-cost insurance policy Mortgage coverage, line of credit and other long-term debts
You only have a few years remaining on your mortgage Want to provide protection for your children until they’re financially stable
Your kids still aren’t financially independent If you want to keep your payments lower Financial protection for your loved ones until you’re close to retirement (many young married couples). Payments that stay the same throughout your working life
You want to lock in your insurability while you’re still young and healthy If you still have debt Your partner relies on your income and wants to be covered near or at retirement while building a financial cushion Coverage that lasts until you retire
You need flexibility with conversion options to extend your coverage or convert to a more permanent policy Looking to retire or close to retiring in the next 20 years    

 

Four free months of term life insurance*
Right now, Canada Life has a special introductory offer that is making longer duration term life insurance even more affordable. Clients who submit new term 20, term 30 and term to age 65 insurance applications can enjoy four months of waived premium* on us. For a new policy to qualify, applications must be received between Sept. 1 and Mar. 1, 2021 (inclusive).
 
* In B.C., the offer is capped at three free months.


Don’t wait to provide financial security to the people you love the most. Talk to me today!

Value of advice: The Dave Freeman story – Canada Life

Term insurance matters most in protecting the ones we love. Learn how term life insurance helped Claire Freeman and her family after her husband lost his battle with multiple myeloma. Learn more at https://www.canadalife.com/insurance/life-insurance.

 


View the video transcript

 

Description: A large outdoor sign that reads: Comox Valley Airport. Your journey begins here [soft music].

Description: People in the Comox airport terminal looking up at a replica Nieuport biplane hanging from the ceiling. A man with a camera that has a long lens points the camera upwards. A wide shot of the terminal with a man speaking at a podium in front of a crowd. The biplane hangs above the crowd.

Podium speaker: I would like to welcome all of you to the dedication of the aircraft tonight, and I'd like to make a special welcome of our distinguished guest,

Description: A close up shot of a section of the crowd. Among these people stands a woman dressed in black.

Podium speaker narration: Mrs. Claire Freeman, wife of Dave Freeman who donated the aircraft.

Description: A close up shot of a man taking a picture of the biplane with his phone. A man gestures up towards the plane, speaking to the man he is standing beside. Claire greets another woman in the crowd with a hug.

Podium speaker narration: We are sad that Dave could not be here to see his vision realized,

Description: A man in the crowd holds up his phone to take a picture of the plane. The camera pan/tilts from the man to the plane hanging from the ceiling. A close up shot of the side of the plane. A mannequin sits in the cockpit dressed in period gear. On the side of the plane near the cockpit, golden letters read: Aircraft donated by Captain Dave Freeman.

Podium speaker narration: but we sincerely thank his family for their support. We know this display will delight and educate many people in the years to come.

Description: An aerial shot travelling through the sky. The sun sits in a blue sky above the clouds [driving string orchestra music begins to play]

Claire narration: I think his first passion was flying the littler planes, and that was his stress-reliever.

Description: A close up interview shot of Claire in her house. She is looking offscreen as she speaks. Beside her a text banner appears that reads: Claire Freeman.

Claire: Anytime he could get up, go flying in the small plane, that was the thing to do.

Description: A close up shot of a framed picture of a smiling Dave standing beside a small blue plane. Cut to another framed photograph of Dave, this time standing in front of a small yellow plane.

Claire narration: Dave was always crazy about planes and everything revolved around planes and airports.

Description: A man dressed in business attire sits in a small hanger, behind him sits a small yellow plane. Beside him a text banner appears that reads: Andy Freeman, Financial advisor and Dave’s brother.

Andy: He ended up buying a plane similar to the one behind us when he was about 16 years old. So, I remember in high school, where most people are hoping to save for a car, or get their driver's license, he already owned an airplane, which was pretty cool.

Description: A close up shot of a framed picture of Dave as a teenager, standing in front of his first plane. Cut to a close up shot of Dave and Claire as teenagers, smiling as they pose for a photo at the beach. Cut to another photo of teenaged Dave and Claire, dressed in diving gear sitting on a boat.

Claire narration: We just had a love of sports and outdoor activities,

Description: Another aerial shot travelling through the sky above the clouds towards the sun.

Claire narration: and we started going flying together a little bit.

Description: Cut back to the interview shot of Claire sitting at her kitchen table.

Claire: One thing led to another, and I think we dated for two years and then got married.

Description: Cut to a framed picture of Claire about to blow out the candles on her 21st birthday. Dave is beside her kissing her on the cheek. Cut to a framed picture of Dave and Claire’s wedding photo [cheerful acoustic music begins to play and continues over the following photo montage].

Description: Cut to a photo of Claire and Dave’s wedding party, posing for the camera in a park-like setting. Cut to photo of Dave and Claire each holding one of their infant children. They are happily posing with their priest and other family members in their church. Cut to a family photo of Dave, Claire, their three young children, and the family dog. Cut to a photo of Dave and his three young children in a small canoe in the water. Cut to a vacation picture of Dave, Claire and their three young children smiling, posing for a picture on a beach. Cut to a photo from the same vacation. Dave and his three young children are sitting in a swimming pool, smiling and holding tropical drinks. Cut to a picture of the entire family sitting on a couch smiling at the camera. Cut to a picture of the three children sitting on bales of hay loaded on a wagon. They are flashing the peace sign to the camera as Dave stands smiling beside the wagon. Cut to a photo of the family in semi-formal wear, smiling for the camera in an outdoor nature setting. Cut to a photo of Dave on a tractor. His children are gathered around him on the tractor. Cut to a more recent photo of Dave, Claire and their three children at their farm. They are standing together smiling as Claire takes a selfie of the family. In this picture the children are now young adults.

Description: Cut to a shot of Claire and her son Graham and their pet dog walking beside a barn on their farm. Cut to a wide shot of them walking towards a small white house. Cut to a shot of chickens meandering around the yard pecking at the ground.

Graham narration: I think this farm is sort of my parents' dream home. My mom, she wanted to have a little farm where she can have her animals and her garden, just a lot of projects she can work on.

Description: Cut to an interview shot of Graham outdoors on the family farm. In the background is one of the barns. A text banner appears beside him that reads: Graham Freeman.

Graham: My dad's the same way, always had lots of projects going on.

Description: Cut to a small yellow plane in a barn. Cut to a photo of Dave in the field, driving a tractor that is pulling a haybine. Cut to a photo of Dave and Claire smiling, standing in front of a biplane in the field at their farm. Once of their sons stands behind the plane.

Graham narration: Just the whole farm thing, they both loved it.

Description: Cut to a photo of Dave, Claire, and their daughter posing in front of a large trailer loaded with bales of hay. One of their sons is sitting on the tractor, the other is sitting on the top of the bales of hay.

Claire narration: When we moved to Courtenay, I saw it as a hayfield,

Description: Cut back to a close up interview shot of Claire.

Claire: perfect place to get a horse. Dave saw airstrip. That's totally true.

Description: Claire smiles as we cut to a shot of a clear blue sky. A commercial aircraft flies across the screen from bottom to top [airplane engine roars as the plane flies across the screen].

Description: Cut to a shot of an aircraft landing at an airport. Cut to a photo of Dave in an airplane cockpit, wearing his captain uniform, turning around to smile for the camera. Cut to a photo of Dave in full uniform standing beside a very large aircraft. Cut to another photo of Dave in uniform standing in front of an aircraft as it is being loaded.

Tye narration: Oh, I think he loved it, right? I believe from an early age, probably when he was 12, he dreamed of being a pilot.

Description: Cut to an interview shot of Tye standing on the airfield at the Powell River airport. A text banner appears beside him that reads: Tye Leishman, childhood friend.

Tye: To a certain degree, I think the schedule wore on him a bit, right? Because he didn't want to be away from his family, but the flying always is what makes it worthwhile.

Description: Cut to another aerial shot travelling through the sky above the clouds towards the sun [music ends].

Description: The camera dips into the dark clouds, eventually obscuring the sun and the sky. The screen is almost completely dark with clouds as the picture dissolves to an interview shot of Claire at the kitchen table. Her tone is more somber then previously.

Claire: About two years ago, May, he had a very bad backache, and it progressively got worse to the point he couldn't sleep in a bed anymore. Finally, we went and got a private MRI and discovered it was multiple myeloma [Deep, introspective music starts to faintly rise].

Description: Cut back to Andy’s interview clip in the hangar.

Andy: Multiple myeloma is a blood cancer. When he was diagnosed with it just over a year ago, I didn't know what it was. Obviously, you Google it pretty quick, and unfortunately it's a very aggressive cancer and doesn't usually have a good outcome, unfortunately.

Description: Cut back to interview shot of Claire in the kitchen.

Claire: Dave's case went very rapidly. He did do the stem cell treatment, which gave him a relief for about four months. He felt really, really great. And then, it came back, and within two months he had passed.

Description: Cut to a shot of a table. On the table are Dave’s captain hat, his epaulets, and his pilots’ wings. To the left of the hat, Dave’s obituary fades onto the screen. It reads in part: David Thomas Freeman August 21, 1969 – October 29, 2019 Dave died peacefully at home, surrounded by loved ones, after bravely fighting an aggressive cancer for 16 months [somber music continues].

Description: Cut back to Claire in the kitchen.

Claire: He was 50,

Description: Claire pauses, shakes her head, considering.

Claire: pretty young.

Description: Claire dabs at the corner of her eye with a tissue. Cut to Graham standing outside. He pauses for a moment, considering.

Graham: He was fine, and then a few months later it just... took him fast. It came as a real shock, right? It's not something you'd expect. You don't expect it, like, it happens to other people. You just don't expect it to happen to someone you love, right?

Description: Cut to Andy sitting in the hangar in front of the small yellow plane.

Andy: So this text I received is one of the very last notes my brother sent me. I was having dinner and this popped up on my screen, and if you ever wonder what we do, or what a financial advisor does, this will tell you.

Description: Andy begins reading the text message on his phone.

Andy: "Hi Andy. Just wanted to update you.”

Description: Cut to a close up of the text message on Andy’s phone.

Andy narration: “They had to bring me to the hospital last night as my platelets were nearly zero, and so was my hemoglobin.”

Description: Cut back to Andy.

Andy: “Basically I'm the walking dead. Anyway, they began giving me transfusions, blood and platelets. They are trying to stabilize me. They also mentioned they're stopping chemo and other treatments as there is not much they can do. Also, I put in a non-resuscitation order.”

Description: Andy pauses.

Andy: “Anyway, they're trying to stabilize me so I can go home. They didn't give me a timeframe, but probably be around for a little bit unless I react with these transfusions, which so far have been okay. Claire is here with me, so all is good. Anyway, I'm okay to text but I can't talk. I'll update you as I can. You're the executor of my will. Don't invest in anything risky. Please, I don't ever want her to have to worry. All right, love you, Dave."

Description: Andy finishes reading the text and looks at the offscreen interviewer. He then looks directly at the camera and then back offscreen. Cut to a close up shot of Claire.

Claire: Dave always believed in insurance, so he had himself well covered previous to this. So we weren't worried about how things would turn out financially [the sound of rain falling fades up over Claire and continues over the next shot].

Description: Cut to a close up shot of a sign hanging on a wooden fence. The sign is comprised of carved wooden letters that spell out the word LOVE. Barns are visible in the background and rain is falling. [hopeful music fades up].

Description: Cut to a wide shot of the farm showing a barn, a shed, and the house. Rain continues to fall. Cut to a shot of the kitchen window from inside the house. Outside the house, multiple farm buildings are visible.

Andy narration: Dave really wanted to focus on making sure that there was a lot of money coming in, so Claire didn't have to go back to work,

Description: Cut to a shot of Claire sitting at the kitchen table with her sister amiably chatting. Cut to a shot of a framed photograph on a shelf. In the photograph, Dave and another person sit, smiling in a pick-up truck. Cut to a shot of one of the family’s dogs, asleep on the kitchen floor. Cut back to the shot of Claire and her sister in the kitchen. Claire reaches down to pet one of the dogs while another dog watches. Cut to a close up of Dave’s funeral card, attached to the fridge with a magnet.

Andy narration: and she could stay on the farm, and she could be able to maintain the lifestyle that they were accustomed to.

Description: Cut back to Andy in the hangar.

Andy: In October I ended up... A week later after he passed away, our company, it was very good at paying out the claim.

Description: Cut to a shot of Claire walking outside on the farm. She walks with an umbrella as rain falls down around her. She leans against a wooden fence and stares out towards the field and landing strip.

Claire narration: Financially I have no worries, and I guess it takes a lot of pressure off myself, kids as well.

Description: Cut to interview shot of Claire in the kitchen.

Claire narration: Their education, basically it's going to be covered.

Description: Cut back to Andy in the hangar.

Andy: His last gift to her was making sure she'd be taken care of forever, and that's part of the promise that Canada Life provided with the life insurance. But now, post-life insurance, we've set her up to make sure that there will be an income for life for her.

Description: Claire and Graham and one of the family dogs are walking beside the barn and pass through a gate in the fence. Cut to a closer shot of them walking together, smiling.

Claire narration: Yeah. This is the dream, to stay here on the property

Description: Cut back to Claire in the kitchen.

Claire: and basically, yeah, heal my heart here.

Description: Wide shot of Claire and her sister walking out into the field. Three dogs run alongside them. The camera pans to follow them [music rises].

Claire narration: I miss him, but you just have to keep going [music rises].

Description: Cut to a white screen. Canada Life logo appears onscreen. Small text appears at the bottom of the screen: Canada Life and design are trademarks of The Canada Life Assurance Company [music fades].

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