Managing Your Financial Plan
Preparing for Life Changes
Adjusting your financial plan as your life and financial resources change.
You're in your groove... but things are still changing. Your needs are different now, as you accumulate wealth and take on more responsibility in life.
- Having children adds more enjoyment to your life but also more expense. There is an eventual need to create a reliable saving plan for post-secondary education.
- And you may decide it's time for a bigger home so it's another discussion on balancing debt, savings and living expenses
- As you help your children through school, you need to balance it with the increasing demand for retirement planning and you want that mortgage paid off.
We schedule annual reviews to follow your progress to your plan and adapt it to any changes along the way. But it doesn't have to wait for an annual review.
Life changes don't happen on a schedule and we're happy to meet and adjust your plan in mid-stream.
Building and Protecting Your Wealth
Creating financial independence is often a major part of a financial plan. It's often referred to as a retirement plan. And it looks different to each of us.
First of all, we listen to what your version of financial independence looks like - and then we determine the resources you'll need and how to get there. Then we determine your risk tolerance and provide choices to customize your plan.
For those building their wealth, we'll not only develop a plan that shows how much to "pay yourself" but we'll also help you find the money to make it happen and how to automate it into your life.
For those looking to protect their savings, we have access to guaranteed products that can provide income while reducing the risks.
Our investment portfolios use a combination of income generating and growth investments to diversify risk and reduce volatility. We use a "best of the best" approach when we choose money managers and investment products from companies with outstanding reputaions.
Protecting Your Loved Ones
Whether it is protecting a young family's financial future or creating a legacy for the people and causes most important to you, you need to protect the ones you love.
Using cost effective solutions, we can help young families protect their financial future with the appropriate disability, life and critical illness insurances for their situation.
In many cases, families depend on the benefits employers provide and we can help interpret your coverage to eliminate any potential duplication and ensure any gaps are accounted for.
Even when your family is grown and independent, you may be looking for advice on how to make your estate tax-efficient and fair to your beneficiaries. And you may want to create a legacy for your family or favourite charity or cause. We can help you by reviewing your existing insurance, providing alternatives if need be and talk through the considerations prior to formalizing your wishes.
