Your Choice for Simple or Comprehensive Financial Planning
Do you have questions about any single aspect of your overall financial plan, such as:
- How much do I need to save before I can retire?
- Should I contribute to my RRSP or invest outside an RRSP?
- Should I contribute to an RRSP or pay off my mortgage?
- How much life insurance do I really need?
- When I pass on, who will acquire my wealth...my children or the government?
- How do I minimize my taxes?
- How do I maintain my lifestyle if I’m injured or ill and can’t work?
- Diversification? Asset Allocation? Why?
- RRIFs? Annuities? Locked-in? What?
The answer to every one of these questions is … it depends on your particular situation. We can help you assess your situation.
Or, are you at the point in your life where you can no longer delay the inevitable task of putting together a comprehensive financial plan so you can regularly measure your family’s financial health and monitor its progress?
My professional life revolves around helping middle and upper-middle class folks to assess their personal finances, identify financial objectives, set goals and recommend a clear path to reach those goals.
We believe that clients must be given the tools and the time to make the important decisions about their financial future. Therefore, no selling pressure is used when making recommendations on any financial services or products. Many of our clients say that this absence of sales pressure is one of the things that draws them to our office. We believe in long term, trusting relationships with our clients, and these cannot be rushed.
Please click here to review the services we offer or contact us for additional information.
Recent Articles
Don't Bet Your Retirement on a Simple Approach
Posted on 05-08-2012You have probably heard about the old 70 percent rule that suggests retirees will need the equivalent of about 70 percent of your current income level to maintain their lifestyle in retirement. This assumes that your retirement living costs will be 30 percent less than during your working years. While it may have been applied appropriately for retirees two or three decades ago, it is fraught with significant risk and potential disaster for today’s retirees.
It Doesn't Pay to Procrastinate
Posted on 05-08-2012Many people have no idea. Some people have a vague idea. A few people, a very few, have it all worked out. When it comes to retirement planning, many people don't take action until forced to by a mid-life event (career change, death of loved one) or by hearing about seniors running out of money. It's strange that people find it so difficult to plan for their retirement. As all the basic financial books say, you start by recording your expenses, see where you can cut back, and then determine how much you need to save to achieve your retirement income goals. Yet, far too few Canadians take these presumably simple steps for their own financial success.
How to achieve financial success
Posted on 04-09-2012It is possible for just about everybody to achieve financial success. Getting there is usually not a matter of financial wizardry. By following some basic principles, you can make your financial dreams come true:
Set ObjectivesGoal setting is the foundation of achieving financial success. If you don't have a target to shoot for, how can you expect to hit it? By writing down your goals, you will clarify them and establish your personal and financial priorities. Be specific when setting goals. For example, instead of having a goal to reduce debt, set a goal to reduce debt by a certain amount by a certain date.
