CONGRATULATIONS To Worby Wealth Management - Celebrating 10 years as Trusted Regina Financial Advisors

30. Jan 2023 Trusted Regina Regina Financial Services, Trusted Partner News, TRUSTED TIPS

CONGRATULATIONS, WORBY WEALTH MANAGEMENT - CELEBRATING 10 YEARS OF TRUSTWORTHY BUSINESS PRACTICES IN REGINA

TRUSTED REGINA RECOGNIZES OUR PARTNERS WHO HAVE BEEN TRUSTED FOR OVER 10 YEARS!

In this series of recognition articles, we continue to spotlight the businesses that have been Trusted Regina Partners for over ten years. The Trusted team and community recognize the Partners who joined in 2012. We want to thank them for TRUSTING our team, and we are identifying each of them individually for providing ten years of OUTSTANDING service to the citizens of Regina and the surrounding area! This latest article celebrates and recognizes Chris and Jeremiah Worby from Worby Wealth Management - Trusted Regina Financial Advisors.

‘Worby Wealth Management will help you live YOUR Dream!’

Worby Wealth Management

Finding the shortest and safest route to any of your financial dreams requires planning, and only with a carefully thought out financial plan can you be sure to make the most of your resources and protect against risks along the way. At Worby Wealth Management, Chris, Jeremiah, and the team will do their best to help you achieve those dreams with a tailored plan to your specific and unique needs and financial situation.

A HISTORY OF HELPING PEOPLE ACHIEVE THEIR DREAMS

Since 2001, Chris Worby has been committed to providing a high standard of financial service to individuals, families and business owners. Chris listens and provides a personalized financial plan. He is personally invested in helping his clients attain their goals. As a third-generation Regina financial advisor, Chris believes in taking a long-term perspective for investing. He currently holds the Financial Management Advisor designation and believes in kaizen – a Japanese term meaning ‘continual improvement.’

Jeremiah Worby joined the team in 2021. Through being involved in the stock markets in a non-professional setting since 2007 through personal investing; and with various positions and roles in the service industry, Jeremiah brings exceptional customer service and a willingness to share his knowledge of the investing world. Focusing on clients’ needs is his main goal in helping clients achieve their investment objectives. Born and raised in Regina, Jeremiah graduated from the University of Regina in the spring of 2002 with a bachelor’s degree in Electronic Systems Engineering.

With more than 30 years of accounting and administration experience, Janet Quevillon is the administrator for Worby Wealth Management. Her natural attention to detail is a fit for ensuring all the paperwork gets to the right places in the proper order and that all transactions proceed as planned. Having had experience in financial planning administration and owning businesses in Regina, Janet brings a unique knowledge base to her work here. Her breadth of experience makes her an excellent resource as she can understand the broader scope of administration and business instead of simply pushing paper.

Together, the Worby Wealth Management team provides the highest standard of professional and courteous service. Based on their experience and knowledge of the financial industry, the Worby Wealth Management team has devised a process that helps establish a successful investing framework called the Portfolio Management System. This allows them to guide your dreams and turn them into financial reality properly.

Clients know that they can count on a solid exploration of all their financial planning concerns on the path to their financial plan.

What Their Clients Say...

"When I walked in to my first appointment with Chris I knew nothing about investments or RRSPs, and he made me feel at ease and took his time explaining everything to me. I left my appointment feeling much more knowledgeable and comfortable with my finances. I met Jeremiah shortly after and he is as equally friendly! I would recommend them to anyone needing a financial advisor! " Jaki M- Google

"My mother is not very tech savvy, but Jeremiah was extremely patient and accommodating for her. He is extremely knowledgeable and has gone far above my expectations for a financial advisor. I gladly recommend Worby Wealth Management for your investment needs."- Danielle B- Google

A word from Chris Worby.

"At Worby Wealth, we realize there are many people licensed to give advice but few advisors. We provide purposeful, deliberate advice to our clients and guidance on how to put that advice into action. In order to do this, we spend time with our clients getting to know who they are and what they are trying to accomplish. The plans we develop are the result of significant time and intelligence brought to bear both in discovery and then in recommendations. And, of course, there is no plan without a benchmark. We will meet regularly and consistently whether the markets are up or down to determine if our strategies are working. Ultimately, anything as important as your financial future needs time – and we’ll take that time here." - Chris Worby, Founder of Worby Wealth Management.

A word from Sara, the Trusted Regina founder, about her experience with Chris & Jeremiah at Worby Wealth Management.

" From the first moment I met Chris Worby in 2011 I liked him! Chris exudes authentic charm, and he makes you feel at ease. I immediately knew I could trust him and that he was invested in building solid relationships with his clients. Trust is crucial in the financial services industry, and the news is littered with horror stories about dishonest advisors stealing clients' money! Even though that is rare, you have to be comfortable with the person helping you with your finances as you share your financial history and future dreams. Chris and Jeremiah excel at breaking down the acronyms and high-level stuff into bite-size easy-to-digest pieces. They want their clients to understand what they are doing for them. Their offices' are relaxed, comfortable and personalized; you can see who they are as people, which is the opposite of the ' stiff, formal three-piece suit wearing' financial advisors that spring to mind when we think of an industry stereotype. As a team, they have done an excellent job of educating Regina people on the financial industry. There are many expert tips written by them in the Trusted Regina Tip library here, and that investment has served them well as their client base has grown over the last decade as people find them online and like what they see and read! They are incredible partners, and I wish them all the best for the next ten years! " - Sara Wheelwright

Chris & Jeremiah, Thank you for TRUSTING the Trusted Regina team. You have provided over ten years of AMAZING service to the people of Regina & area as Trusted Regina Financial Advisors -. We are proud to support you and to share that they have diligently upheld the 5 TRUSTED GUARANTEES of service. It is clear that the Worby Wealth Management team provides the highest level of professional and courteous service in the Regina Financial Services Industry!

Trusted Regina Financial Advisors at Worby Wealth Management Talk Insurance Needs

6. Jun 2022 Ashlyn Regina Financial Services, TRUSTED TIPS

Chris Worby and Jeremiah Worby are Trusted Regina based financial advisors and Wealth Management services providers servicing local Regina households and businesses. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial service to individuals, families and business owners. Worby Wealth Management listens and provides a personalized financial plan.

Insurance Needs

by Jeremiah Worby

What will happen to you and your loved ones if something unexpected occurs? Do you have contingency plans in place? Being prepared for the unexpected is something that should be planned for. Insurance isn’t always for everyone, but if the need arises, having something in place can help alleviate unwanted stress and burden.

Life Insurance

A very unfortunate statistic, but 100% of people eventually die. Does that mean that you have to buy life insurance? Well not necessarily. Everyone’s situation is different. It can depend on a variety of factors such as age, current and future financial circumstances, possible inheritances, considerations about how much you would like to leave loved ones, and funeral expenses, just to name a few.

If you do decide that a need for life insurance exists, these are just some of the decisions that need to be considered:

Did you want a whole life policy or a term policy?

Did you need a joint policy with either first-to-die or last-to-die?
What amount of coverage should you get?
What monthly premium is reasonable?

Critical Illness Insurance

Critical Illness insurance exists for those who wish to sleep comfortably at night knowing they are covered in case a major medical emergency should ever arise. Very few critical illness policies are the same. Some considerations include:

Do I only want coverage for only the four major illnesses (life-threatening cancer, stroke, heart attack, coronary artery bypass surgery)?
Are there other conditions that I’d like coverage for (diabetes, Parkinson’s disease, multiple sclerosis, etc.)?
How much coverage do I need?
How long do I need coverage for?

Disability Insurance

If you’re employed at a high injury risk job, this is a serious consideration to take into account. Disability insurance can provide protection against loss of income should you become disabled. When disabled, as much as we’d love them to, your bills don’t just stop.

Check to see if you already have coverage through your employer so that unnecessary overlapping coverage isn’t purchased
Decide on how much coverage you would like to have
Calculate what your monthly expenses will be taking everything into account
Would you be willing to change jobs if need be?
Would you be willing to cut back on your current standard of living?

Find Out More

Whether you’re 20 years old or 50 years old, proper insurance planning is essential. Contact Worby Wealth Management to assess your insurance needs today.

Some of the services that Worby Wealth Management can help you with:

TRUSTED REGINA FINANCIAL ADVISOR Chris Worby from Worby Wealth Management helps you live your dream!

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This Blog was written, designed and produced by Jeremiah Worby and Chris Worby for the benefit of Jeremiah Worby and Chris Worby who are Financial Advisors at Worby Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this article comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds, approved exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc.

Trusted Regina Financial Advisors at Worby Wealth Management Discuss Credit Ratings

6. Jun 2022 Ashlyn Regina Financial Services, TRUSTED TIPS

Chris Worby and Jeremiah Worby are Trusted Regina based financial advisors and Wealth Management services providers servicing local Regina households and businesses. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial service to individuals, families and business owners. Worby Wealth Management listens and provides a personalized financial plan.

Credit Ratings

by Jeremiah Worby

We’ve all heard the stories from someone we know (though we may or may not like that person) about having been a victim of some form of identity theft. Identity theft can drastically affect your credit rating, and your credit rating affects almost everything in your financial world.

Whether you’re looking to apply for a credit card, take out or renew a mortgage, get a car loan, or want to borrow a million dollars from that loan shark down the street, your credit rating will greatly impact the interest rate which you might receive for such loans.

There are two major players in the credit rating world of Canada – those being Equifax and TransUnion. You can, and we suggest you do, go to both these websites and sign-up for their free service to check your credit scores.

Equifax

Directly from their website, Equifax states:

“We are a global data, analytics, and technology company. We believe knowledge drives progress. Our unique data assets, technology and analytics transform knowledge into insights to power decisions that move people forward.”

Here’s a wonderful and short read [they claim it’s 2 minutes but I think it’s way more like 3 minutes :)] from Equifax about what impacts your credit score.

https://www.consumer.equifax.ca/personal/education/credit-score/what-impacts-credit-score/

TransUnion

Directly from their website, TransUnion states:

“Our mission is to help people everywhere access the opportunities that lead to a higher quality of life. By helping organizations optimize their risk-based decisions and enabling consumers to understand and manage their personal information, we empower both to take their destinies into their own hands.”

Here’s a true 2 minute read from TransUnion about 5 factors that affect your credit score.

https://www.transunion.ca/what-affect-credit-score?

Find Out More

Whether you’re 20 years old or 50 years old, credit ratings are of utmost importance. Contact Worby Wealth Management to help fix your credit score and set you on the path to success!

Some of the services that Worby Wealth Management can help you with:

TRUSTED REGINA FINANCIAL ADVISOR Chris Worby from Worby Wealth Management helps you live your dream!

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This Blog was written, designed and produced by Jeremiah Worby and Chris Worby for the benefit of Jeremiah Worby and Chris Worby who are Financial Advisors at Worby Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this article comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds, approved exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc.

Ready To Retire? Trusted Regina Financial Advisors at Worby Wealth Management Share Their Advice

6. Apr 2022 Trusted Regina

Finding the shortest and safest route to any of your dreams requires planning and only with a carefully thought out financial plan can you be sure to make the most of your resources and to protect against risks along the way. At Worby Wealth Management, Chris & Jeremiah Worby will do their best to help you achieve those dreams with a plan that is tailored to your specific needs and based on your individual situation.

Let Trusted Regina Financial Advisors Chris & Jeremiah Worby of Worby Wealth Management help you live your dream!

Expert Financial Advice Regarding Retirement.

Retirement Considerations

One of the biggest financial questions on everyone’s mind is whether or not they will have enough money to retire? Not only do savings and investments need to be taken into the equation, income and expenses also need in-depth analysis.

Income*

Old Age Security (OAS)

The OAS pension is a monthly pension payment payable to eligible individuals. OAS pension benefits are considered taxable income. To be eligible for full payment, you must:

• be 65 or older

• be a Canadian citizen or legal resident of Canada at the time of application approval

OR

• if you no longer live in Canada (a non-resident), you were a Canadian citizen or legal resident of Canada on the day preceding the day of departure from Canada

• have lived in Canada for a minimum of 10 years (or 20 years for non-residents) after reaching age 18

Individuals who have lived in Canada for 40 years after the age of 18 are eligible for 100% of the OAS pension benefit.

Canada Pension Plan (CPP)

CPP program benefits, except for the death benefit, are indexed annually for increases in the cost of living. In order to receive CPP program benefits, eligible individuals must apply. Benefits are not automatically paid once someone reaches the age of eligibility. Applications are accepted via two methods; online through the My Service Canada Account, or via paper forms mailed to the applicable Provincial CPP office.

You can start receiving CPP as early as age 60 (at a reduced rate) and as late as age 70 (at an increased rate). The maximum CPP payment in 2022 is $1,253.59 a month.

Tax Free Savings Account (TFSA)

The tax-free savings account (TFSA) provides a way to earn investment income tax-free. Whereas other registered accounts allow the deferral of tax on income earned within the plan; the TFSA is unique in that any investment income earned within the plan is tax-free when it is withdrawn. In order to open a TFSA account, you must have reached the age of majority, defined as age 18 or 19, for the province or territory in which you live. The types of investments permitted in a TFSA include cash, mutual funds, securities listed on a designated stock exchange, guaranteed investment certificates (GICs), bonds, and certain shares of small business corporations.

The annual TFSA dollar limit was established at $5,000 in 2009, the year that TFSAs were introduced as a registered account. Any unused amounts are carried forward to future years. The $6,000 contribution room for 2022 means the lifetime contribution limit is now $81,500.

Registered Retirement Savings Plan (RRSP)

A registered retirement savings plan (RRSP) is a type of registered savings plan set up underthe Income Tax Act and registered with the Canada Revenue Agency. An RRSP is not an investment; you cannot buy an RRSP. Instead, an RRSP is a registered investment vehicle within which investors can deposit various types of investments. In order to contribute to anRRSP, an individual must have earned income.

The growth of money invested inside an RRSP is not subject to tax until it is withdrawn. In other words, the tax payable on investment growth is deferred until the future. Since income earned inside an RRSP is tax-sheltered, RRSP investments grow much faster than non-registered investments held outside an RRSP.

Find out more

Whether you’re 30 years away or just a few months from retirement, proper retirement planning is essential. Contact Worby Wealth Management to start planning your retirement today.

*Source: Canadian Investment Funds Course

Some of the services that Worby Wealth Management can help you with:

TRUSTED REGINA FINANCIAL ADVISOR Chris Worby from Worby Wealth Management helps you live your dream!

Trusted Tips & Resources

CONGRATULATIONS To Worby Wealth Management - Celebrating 10 years as Trusted Regina Financial Advisors

‘Worby Wealth Management will help you live YOUR Dream!’

Worby Wealth Management