John Morash, BA
Financial Security Advisor
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.