How long does the checkup take? Do I need to provide personal information?

12 multiple-choice questions, about 3 minutes. No registration, no name or phone number — your report appears instantly, and all calculations run inside your own browser.

Family Wealth Risk Assessment | Is Your Wealth Silently Leaking? Free 12-Question Self-Assessment — Linda Liang, Ontario Licensed Insurance Advisor

Hidden leakage hides in four places

Three questions per area — pick the option closest to your family's situation

💸

Purchasing Power

Savings sitting in low-interest accounts, quietly eroded by inflation

🧾

Tax Waste

Tax-free and tax-deferred room going unused year after year

🛡️

Protection Gaps

One illness or accident draining years of savings overnight

🏛️

Estate Transfer

Taxes and legal costs thinning the estate as it passes on

0 / 12 answered

1Where does most of your family's long-term money sit?

💸 Purchasing Power Mostly in chequing/savings accounts, GICs or cash Some in deposits, some in tax-sheltered accounts or insurance Layered by purpose: emergency fund in cash, long-term money has a clear growth plan

2Have you ever calculated what inflation does to your savings?

💸 Purchasing Power

At 2–3% annual inflation, $10,000 today keeps only about $7,400–$8,200 of purchasing power in ten years

Never thought about it I know it's eroding, but never ran the numbers Yes — and our long-term money is already arranged accordingly

3As prices, housing and tuition keep rising, does any part of your assets grow with them?

💸 Purchasing Power No — fixed income, and assets are mostly deposits Some (real estate, funds, insurance cash value, etc.) Yes — a balanced allocation, reviewed regularly

4Is your TFSA room used up?

🧾 Tax

Cumulative room can reach $109,000 by 2026 — growth inside a TFSA is tax-free forever

No TFSA opened Opened, but barely contributed Contributing every year, room mostly used

5How is RRSP planning handled for the higher-income spouse?

🧾 Tax

RRSP contributions are tax-deductible; a spousal RRSP can also level out the couple's tax rates in retirement

No RRSP — deduction room wasted every year Have an RRSP, but no spousal RRSP or similar structure RRSP / spousal RRSP are part of an overall plan

6Beyond filing taxes each year, has your family done systematic tax planning?

🧾 Tax Never — we just file normally every year Heard of options, but nothing systematic Yes — an overall tax plan, reviewed every year

7If your main breadwinner had no income for six months due to illness or accident, how long could cash flow hold?

🛡️ Protection Less than 3 months About 3–12 months Over a year (emergency fund + insurance benefits)

8Life, critical illness and disability insurance — does the family breadwinner have all three?

🛡️ Protection None of them Have life insurance, but no CI or disability All three, with coverage reviewed as the family changes

9Since buying your policies, have they been re-assessed after major life events (children, home purchase, career change)?

🛡️ Protection

Each life stage needs different coverage — missing what you need is a gap; keeping what you no longer need is waste

Never re-assessed Added a bit after big life events Reviewed every year, adjusted when needed

10Do you have a Will and Powers of Attorney?

🏛️ Estate Neither One of them Both, updated in recent years

11If your family had to take over all your assets tomorrow, would they need cash immediately for taxes or legal procedures?

🏛️ Estate

Canada has no estate tax, but transfers are "deemed dispositions" that can trigger capital gains tax — especially for business owners

Never thought about it Thought about it, but no arrangement in place Arranged (life insurance proceeds, cash reserve, etc.)

12When did you last review the beneficiary designations on policies, bank and retirement accounts?

🏛️ Estate Never reviewed Set at marriage/childbirth, untouched since Reviewed and updated within the last two years

0 question(s) unanswered — please complete them first

🔒 This checkup runs entirely in your browser — nothing is collected or uploaded. Results are for educational reference only and do not constitute insurance, tax or investment advice.

Your Family Wealth Risk Assessment score (out of 24 — lower is healthier)

0 / 24

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💸 Purchasing Power

0/6

🧾 Tax

0/6

🛡️ Protection

0/6

🏛️ Estate Transfer

0/6

📌 Hidden leakage works quietly and compounds slowly — many families don't lose wealth by earning too little; they lose it to invisible tax holes and coverage gaps. A good habit: review yearly, do a deep re-plan every three years.

🩺 Want to know exactly how to plug the leaks? Book a free Family Wealth Risk Assessment

30 minutes, free, no pressure — Ontario licensed insurance advisor Linda Liang walks you through your report, prioritizes the leaks, and maps out your next concrete steps.

💬 Book via WhatsApp (your score pre-filled) 📞 647-622-9858

Free consultation · English & Mandarin · Ontario licensed · Family & business questions welcome

Three common questions about hidden wealth leakage

What is hidden wealth leakage?

Four quiet channels that shrink family wealth: inflation eroding purchasing power, unused tax-advantaged room causing avoidable tax, protection gaps that let one illness or accident drain years of savings, and missing estate arrangements triggering taxes and legal costs at transfer. It doesn't hurt — which is exactly why it compounds.

How long does the checkup take? Any personal info required?

12 multiple-choice questions, about 3 minutes. No registration, no name or phone number — the report appears instantly, and every calculation runs inside your own browser.

What can I do after the checkup?

The report shows your total score, risk level and per-area advice. To go deeper, book a free 30-minute Family Wealth Risk Assessment at 647-622-9858 — or size your protection gap first with the Insurance Calculator.