Dr. William’s Tax-Free Retirement Plan
Dr. William grew tax-free wealth, accessed funds freely, and secured his family's financial future with confidence.
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Overview
Background
Dr. William, a successful Canadian physician, had tax concerns and lacked a flexible strategy for securing his wealth. His biggest concerns were growing his wealth tax-efficiently, accessing funds for growth or investments, and ensuring his family’s financial security if anything should happen to him. After experiencing financial hardship in his youth due to a lack of proper planning, he wanted to implement a long-term strategy to avoid those past mistakes and protect his legacy for generations to come.
Goals
- Reduce tax burden and maximize tax-free growth.
- Ensure liquidity for business growth or investments without triggering taxes.
- Leave a tax-free inheritance for his children.
Challenge
Taxation
Dr. William earns a high income and is heavily taxed. He’s done options like RRSPs and TFSAs, but the contribution limits are not enough.. He needed a solution that would allow him to grow, access, and pass on wealth tax-free. His biggest frustration was that most investment strategies locked up his money or triggered tax penalties when accessed. Without proper planning, his family could lose half his estate to taxes after his passing.
Solution
Wealth Multiplier
Dr. William implemented the Wealth Multiplier Account™, a specially structured whole life insurance policy. This allowed him to:
- Grow wealth tax-free while avoiding passive income tax rules.
- Borrow against his policy for investments without selling assets.
- Secure his retirement through tax-efficient income strategies.
- Leave a tax-free legacy for his heirs.
This strategy provided flexibility and security, allowing him to use his wealth effectively.
Results
Post-Implementation
With the Wealth Multiplier Account™, Dr. William:
- Increased tax-free wealth while keeping his investments liquid.
- Used policy loans to invest in real estate and other assets.
- Structured his estate so his family won’t lose wealth to taxes.
- Built a secure retirement plan, allowing him to step back from work confidently.
Now, Dr. William enjoys peace of mind, knowing he has full control over his wealth—both now and for future generations.
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Client Testimonials
Clients who have worked with us using similar strategies.
"We worked specifically with Jordan who was knowledgeable, thorough, and patient."
We worked with Safe Pacific Financial to help us find the right life Insurance policy for us, and we are very happy with the service they provided. We worked specifically with Jordan who was knowledgeable, thorough, and patient with our many questions. We would certainly work with Safe Pacific Financial again and would recommend them to friends and family.
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Jordan was amazing to work with! He was patient and understanding when it came to answering all my questions and concerns. I highly recommend Jordan for any financial needs!
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My wife Brooke and I had a great experience working with Safe Pacific and their team. Although some of the insurance industry and the investment products can be complex, Jordan was able to explain them in a simple and digestible manner which really helped us to understand the long term value. I would highly recommend the Safe Pacific team and we look forward to working with them more in the future.
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Had a great experience with Safe Pacific. As someone who doesn't understand the business of insurance, I was not stressed at all with the process and Jordan and his team made it smooth and explained the entire process. They were responsive in a timely manner and helped me get a great deal on my disability insurance. Would highly recommend!
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Jordan and Megan were very helpful in helping my partner and I secure term insurance and CI insurance. We talked with both of them about our current situation and context, and Jordan was able to walk us through the options and clearly laid out his recommendation. He answered all of our questions and followed up promptly as we moved along with the selection and registration process. Would highly recommend their services and support.
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The great thing about working with Safe Pacific is the personal touch they add to the service and how they always make me feel like a priority. Thanks Laurent and Rob for taking care of me.
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I have worked with Robert Trasolini and Laurent Munier several times and I find them extremely helpful when it comes to Life, Critical illness and Disability insurance. They are able to explain things clearly and are really great guys to work with. I highly recommend them to my colleagues, clients and friends.
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Robert recently helped me acquire life and critical illness insurance. Not only did he explain every step of the process and walk me through it in a thorough and detailed manner, but Rob is great at taking complex terms and concepts and explaining them in simple, easy to understand manner.
