Definitely, Maybe

That’s what my business is all about.

I use a number of different “elevator” pitches when talking to perspective clients.  One of my new favorites is to begin by telling people that I help mitigate the impact of the Definitely, Maybes in our lives.  Regardless of when or even if these things happen the impact on our lives and the lives of those around us can be devastating if not properly planned for.

Here they are;


We are all going to die.  The only question is when and what that might mean for the plans of the people we love.

Pretty much everyone can agree that the younger you are when you die the more tragic it seems.  The death of a child is almost always met with disbelief and regret for the senselessness of it all.  Such limitless potential cut short for no apparent reason.  Just about every parent I know would gladly trade places with their dying child.  Few parents put in that situation would ever consider that the collateral damage caused by their death would have a lasting impact on the life that child now gets to lead.  When a parent dies without having made adequate plans for their family the resulting financial difficulty can and most often does lead to lost opportunities and permanently alters the life trajectory of their children.

It may seem counter intuitive but the younger you are the more life insurance you should potentially have.  It’s not quite a straight line from birth to old age, more of a bell curve, peaking somewhere in middle age when your children are still young and your debts are still high but everybody dies and regardless of when that happens everyone should have some form of Life Insurance.


When I first started in this business one statistic surprised me.  According to StatsCanada one in three Canadians between the age of 25-65 will be out of work due to illness or injury for more than 90 consecutive days at some point during their working lives.  Three months may not seem like a long time at first but considering the fact that over 90% of Canadians are only one missed pay-cheque away from serious financial stress and you have a recipe for disaster.

Without adequate insurance a prolonged period of disability is in many cases a fate worse than death.  While the financial struggles brought about by the premature death of a bread winner are tragic, the person who caused them is gone.  What if that person wasn’t gone but had to sit by, helpless and watch his or her family struggle because they failed to adequately prepare for this very strong possibility.

Thankfully most employers in Canada offer some form of Disability Insurance through a Group Health Plan but these plans are often inadequate for maintaining your lifestyle long term and many smaller employers don’t offer any coverage at all.  Which would you rather have, a job that offers you a high salary with no guarantees of continued income or a job with a slightly lower salary and guarantees an income for life if you contract a serious illness or injure yourself long term?  Personally, I think the answer is a no brainer, sadly too many people disagree with me and don’t realize how short sighted their mistake made them until it’s too late.

What if you own a small business?  There are a lot of rewards to being your own boss but insurance benefits aren’t one of them.  The high stress of running a business, coupled with the fact that business owners tend to be the least likely to own any form of disability insurance makes owning a business, regardless of what the business does, among the most vulnerable sectors of the economy to long term illness and injury.  Not to mention what could happen to the people you employ if the business suffers because you don’t show up to work for six months.

Maybe #2 (R-2.0)

Increasingly in Canada more and more people are foregoing retirement and continuing to work in some capacity well into their 70s and 80s.  The reasons for this are varied.  Some haven’t saved enough and need to keep working to survive, others are still healthy and want to stay active.  As a result, the traditional retirement age of 65 is a thing of the past but regardless of when or even if you fully retire there will come a day when you either don’t want to or simply can’t keep going.

This phase of life is what I call Retirement 2.0.   Planning for R-2.0 is about more than just saving money to live on for the next 20-30 years.  It’s about deciding what you want to do with yourself and how to fund it.  And it’s about planning for the impact of declining health.

In preR-2.0 planning is about growing your nest-egg just like always, but once you start your R2.0 life it’s about guaranteeing income and securing your legacy.


So that’s what I do.  I help people plan for definitely and maybes.  I can definitely help you.  Maybe you’ll contact me.

Lauren C Sheil is a Serial Entrepreneur and Financial Security Advisor.  He helps people live life to the fullest along the way teaching them to Eliminate Debt, Build Wealth and Leave a Legacy.  Write to 

Houston – You Have A Problem!

houstonLet me say it again – You have a problem!

Everyone who has ever lived, currently living and will ever live has the same problem.

There is no solution to this problem.

But there is a way to make it seem a little less scary and a little less painful for the people around you, the people you love and the people who depend on you to solve the problem.

What is this unsolvable, 100% unavoidable problem?



You’re going to die!

Probably not today and probably not tomorrow, hopefully maybe not for a very long time, but the probability that you will die is 100%. There is no cure coming for the end of your life. There are no research labs, no doctors and no scientists working on a cure for death. Sure they are trying to figure out ways to combat certain diseases and we are all living longer but that just creates another problem, the problem of outliving your money.

But one problem at a time.

Everybody dies. That’s a fact.

I cannot solve this problem. No one can. But we can make it a little less painful for you and the people you love.



Life Insurance to be exact. But let’s be clear, you actually don’t need life insurance. You don’t need it because it’s not about you. Simply put Life Insurance is money for your loved ones when they need it the most.

Money when they are hurting, your income suddenly stops, your debts come due and you are no longer there to do all the things you do to keep your family safe and secure.

coupleattableLet’s be honest, money can’t replace everything you bring to this world. It can’t hold your partner’s hand and tell them everything is going to be all right. It can’t drive your kids to hockey practice, give them dating and career advice or make a toast at their wedding. But it can make sure your family gets as close to a normal life as possible if the unthinkable happens.

Money can ensure a measure of stability, help your kids get an education, find happiness and have families of their own.  And that’s the ultimate goal right?

So I’ll say it one last time – You have a problem!

There is no real solution to your problem. But you can at least make it a little less painful for the people you love.

My name is Lauren C. Sheil. I’m a Financial Security Advisor. And my mission is to help you solve your money problems. I want to help you live life to the fullest, even though all good things must come to an end, and to teach you live debt free, build wealth and leave a legacy.

Call or text me today for a FREE, no obligation consultation: 613-295-4141

Let’s solve some problems.

A Coffin Full of Dollars?

Last week, in the run up to Halloween, the National Post ran a series of articles on death and dying.

I can only imagine the editorial meeting that preceded this decision, no doubt a discussion on the ever increasing popularity of TV shows like The Walking Dead and our aging population’s obsession with end of life issues had something to do with it.  As a Financial Security Advisor I am confronted with the later on a daily basis and one of the articles in particular caught my eye, you can read it here:

Are You Betting on an Inheritance to Solve Your Money Problems?

As many of my regular readers can likely imagine this is a bit of a pet peeve of mine.   We live in a society that has mortgaged its future to live for today.  Over 75% of Canadians are in debt, with the average credit card balance in excess of $16,000.  According to Statistics Canada the average citizen is committed to making bill payments in excess of 162% of their income.  It doesn’t take a mathematician to figure out that this is unsustainable.

And yet we continue to do it.  Why?  According to this article and other research, because we figure we can cash in when our parents pass away. Kind of like the title of this old Western from 1971 suggests, are we banking burying our parents in on a coffin full of dollars.


Now I’m not saying that it is wrong to give an inheritance to your kids.  Believe me it’s better than the alternative, leaving behind a sloppy estate which gets eaten up by taxes and serves only to enrich the lawyers that are hired to straighten things out, but really why are people in their 40s and 50s so bad with money that they need these inheritances to avoid financial catastrophe of their own?  What kind of legacy and example are they giving their own children by living beyond their means?  And are they really honoring the memory of their parents by squandering their inheritance on debt repayment instead of something more lasting?

Not to mention the fact that most people I talk to have absolutely no idea how things like capital gains and probate taxes effect the amount of money they will eventually receive.  Nor, with people living longer and longer, have they taken into consideration the costs associated with other end of life issues such as an extended stay in a long term care facility.  All this to say that even though there may be up to a trillion dollars transferred between generations over the next few decades, as the article points out, most individuals will receive far less than they are currently anticipating.

The only solution, to my mind, is for people to live within their means now.  That way, any inheritance you receive will come as a bonus and can be used to finance a true legacy not disappear into a black hole of debt created by your own ignorance, arrogance and stupidity.

For more information on tax and estate planning and how best to manage your life in anticipation of either giving or receiving an inheritance write to:

The Mission

So from now on we regard no one from a worldly point of view. Though we once regarded Christ in this way, we do so no longer. Therefore, if anyone is in Christ, the new creation has come: The old has gone, the new is here! All this is from God, who reconciled us to himself through Christ and gave us the ministry of reconciliation: that God was reconciling the world to himself in Christ, not counting people’s sins against them. And he has committed to us the message of reconciliation. We are therefore Christ’s ambassadors, as though God were making his appeal through us. We implore you on Christ’s behalf: Be reconciled to God.  God made him who had no sin to be sin for us, so that in him we might become the righteousness of God. [2 Corinthians 5:16-21]

So my wife and I had a big debate the other day about war and capital punishment.  Fundamentally it came down to a question of how we see the mission of the Church.

Her argument was that there are some people who are just so far gone, so deeply embedded in a life of sin that they need to be punished even to the point of death.  My argument was that all people regardless of what they have done are infinitely valuable image bearers of God who deserve a chance at reconciliation.

The problem with my wife’s argument is that there is no hierarchy of sins.  It is impossible to rank some sin as worse than others, some deserving of death and others not.  If as the Bible tells us, the wages of sin is death, then even so much as a white lie or a moment of covetousness toward your neighbour’s new car is disserving of a thunderbolt from heaven.  If God meted out justice like that I for one should have died a thousand times over.

The Old Testament is very clear about the need for reconciliation with God and lays out some specific punishments for sin designed to bring us back into communion with Him.   Faith in Jesus does not negate the need for that punishment, as some people may believe, rather as Jesus hung on that cross he took all of the sins of the world upon himself and paid the price of reconciliation.  Now when God says to me “here is your punishment” Jesus stands up and says, “I’ll take that on behalf of my friend father.”  Even though the crime is committed by me but the price of reconciliation is paid by Jesus.  So what Paul is saying in his second letter to the church at Corinth, quoted above, is that while sin has separated us from God, Christ reconciles us.

But it doesn’t end there.

Paul goes on to say that having been reconciled with God through faith in Christ we have a mission of reconciliation to the rest of the
world.  Therefore; it is not our job to help God punish sinners in any way, Jesus paid for every sin already but it is our job to be ambassadors and help everyone to see that the cheque for our reconciliation with God has already been picked up.  All that is left is for us to go back to God.

Put another way;

For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.  [John 3:16]