“Most advisors only look at part of your financial plan when it comes to preparing for the future. Very few consider the big picture. I offer a clear strategy that works for every life stage so you can feel confident about your finances, and stay on track for the retirement you envisioned.”

“Russ took over my family’s insurance portfolio several years ago. He is an excellent insurance advisor. He is professional, organized, knowledgeable and provided us with a detailed insurance plan to cover my family’s needs. He and his assistant Ardella are also extremely responsive when it comes to taxes and other maintenance issue related to our insurance portfolio. Importantly, Russ is not pushy when it comes to selling insurance products and in fact, advised me not to over-insure, a true sign of his honesty and integrity. Unfortunately, last year I had to submit a claim. Russ was once again organized and walked me through every step. He dealt with the insurance company and ensured everything was in order. The claim paid out without any delay or complications. I highly recommend Russ Young and his team for insurance and estate planning.”

Hi Russ,

I would sincerely like to thank you for your help with my disability claim. The entire process was very smooth and seamless. I received my approval notice less than a month after submitting the required documentation, and your input and advice regarding the submission process was most helpful.

The monthly cheques I will receive will significantly reduce my financial stress now that I am only able to work part time.

The critical illness insurance was also very helpful when I was initially diagnosed, and the process of claiming was smooth and painless. The money I received allowed me to investigate alternative treatment options which really gave me the feeling of doing everything I possibly could to deal with my illness.

The regular meetings with you to ensure the ideal policies were in place for our changing lives, provided peace of mind and one less thing to worry about in these hectic times.

Thanks again for your help Russ.

Russ has been our personal financial advisor for more than 20 years.  Russ has played a vital role in developing our personal financial well-being.  He regularly provides updates and meets with us to review our situation and to make suggestions on any improvements he thinks he can make. He has always been available to answer any questions or to explain options within our portfolio and ensures that we both understand the diverse investments available.  Our transition into retirement has been relatively stress free thanks to Russ’s guidance. Russ is a knowledgeable and professional financial advisor and we consider him equally a good friend.  We highly recommend his services.

Joan and I have trusted Russ to manage all of our investments since 1998. In
that time we have come to respect all the decisions that he has made on our
behalf and now entering retirement we know that we are in very good hands
with The Young Financial Group.

We would not hesitate to recommend Russ for his services and we think of him
as a good friend.

Latest News

Alberta’s 2024 Budget Highlights

Alberta's 2024 Budget maintains tax rates for stability. The budget unveils the Alberta is Calling Attraction Bonus and the Electric vehicles tax.

TFSA vs RRSP – 2024

When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or a vacation, as its growth is entirely tax-free, while RRSPs are more suitable for long-term goals such as retirement. When comparing deposit differences, TFSAs have a limit of $7,000 for the current year, while RRSPs have a limit of 18% of your pre-tax income from the previous year, with a maximum limit of $31,560. In terms of withdrawals, TFSAs have no conversion requirements and withdrawals are tax-free, while RRSPs must be converted to a Registered Retirement Income Fund (RRIF) at age 71 and withdrawals are taxed as income.

2024 Financial Calendar

Stay ahead in 2024 with our comprehensive financial calendar! From tax filing to benefit distributions, we guide you through key dates like the $7,000 TFSA contribution and $8,000 First Home Savings Account. Bookmark now for a financially savvy year!

2023 Personal Year-End Tax Tips

Maximize your tax savings! Discover expert tips on investments, family deductions, retirement, and more in our latest article.

2023 Year-End Tax Tips and Strategies for Business Owners

Maximize your tax benefits as a business owner in 2023! Learn key strategies for salary vs. dividends, passive investments, and more.

Understanding Target Loss Ratio and Your Group Benefits Plan

Unlock the mysteries of your group benefits plan! Discover how the target loss ratio (TLR) can influence your premiums and what it means for your company's future. Dive in now!

Empowering Your Family’s Financial Future: A Comprehensive Guide to Budgeting

Secure your family's financial future with effective budgeting. Learn how to gain financial clarity, achieve your goals, and prepare for emergencies in our comprehensive guide.

Why Insurance Is So Important If You’re A Single Parent

Being a single parent is a lot of responsibility. Learn how the right types of insurance can provide you and your family with the financial protection they need.

Understanding Tax-Free Savings Accounts (TFSAs)

A Tax-Free Savings Account is a powerful tool to help you achieve your financial goals. Whether you're saving for a new home, planning for retirement, or investing in your children's education, a TFSA can be a valuable part of your financial strategy. The flexibility and tax advantages it offers make it a great choice for many Canadians. Remember, the sooner you start, the more time your investments have to grow tax-free. Every dollar counts when you're planning for the future, and a TFSA can help you make the most of your savings. Don't wait until tomorrow to start planning for your future. Contact us today to begin your journey to financial security today.