This assignment is based on the Investment part presented in Unit 2.

Your Client Mr. Jeffry called you and asked for a kitchen meeting asap.

In this meeting he revealed his intention to downsize his current residency by selling his two million houses to a CAD 6ooK apartment in seniors building.

He wanted to secure a good return on the rest of the CAD 1.4 Mbut he is concerned with the current turbulent conditions of the economy, the escalating interest and inflation rates.

He asked you to suggest alternative investment products that would give him both peace of mid and good return so that he can enjoy the rest of his life with no financial stress and secure his wife well being financially after his death.

Mr. Jeffry is 65 years old, his wife Mary 62 have independent children and grand children that are well being.

Your task is to present at least two products in details explaining their merits and cons.

Highlight different scenarios if some cash will be needed how to liquidate this investment, partially or totally.

Clarify the tax effect of cash withdrawal and after the death of either Jeffry or Mary or both, what fees will be incurred and what is the optimal tax planning and fees minimization.

Your explanation would include numeric examples for illustration and ease understanding.

The presentation would not be more than 4 pages.

The assignment grade is based on how clear and thorough the presentation of the two products would be, their matching to the client needs and their fulfillment to his future objectives.

The presentation and logical sequence of ideas are also graded.