Start laying the foundations to secure your financial future.
Your short-term reserves are essential. I advise clients to have three to six months of income saved as back-up for the unexpected. Together we’ll assess your current situation along with future purchases.
Mid-term goals represent an important phase in your financial life. Whether it’s buying a home, saving for education or leisure activities, these are the milestones in your life and they won’t happen without planning.
Your long-term goals are the final phase. The time when you can relax and enjoy the efforts of your working life. Using my value of knowledge strategy, I’ll walk you through cash management, tax planning, investment planning, retirement planning and estate planning, to ensure that your investment strategy maximizes the plan we’ve created together. With your financial plan in place, we include the pre-retirement, in-retirement, & post-retirement phases. I then measure your investment comfort level to build a diversified portfolio that meets your goals. I also assess and review your insurance needs to help you preserve your investments.
I offer a free, no obligation, financial review.
Running a business? Learn more about financial planning for business owners.
Non-Registered Savings Plan (RSP): A Canadian account designed for anyone who wants to build their saving plan. RSP continue saving for retirement or special projects.
Tax Free Savings Account (TFSA): An account that provides tax benefits for savings for Canadians – age 18 and up. Limited yearly contribution.
Annuities: Most commonly used to generate lifetime income, secure from both market and interest rate risks.
Group Registered Retirement Savings Plan (Group RRSP): An employer-sponsored savings plan administered to a group of employees.
Group Tax Free Savings Account (Group TFSA): Most commonly an employee will contribute a percentage of their pay with the employer matching the contribution with a corresponding tax reduction.
Registered Disability Savings Plan (RDSP): A Government of Canada program designed to enable Canadians with disabilities to save for their future financial security with help from family and friends.
Retirement Income Funds (RRIF): Use your retirement savings as a source of income while continuing to grow your investments. RRSPs convert into RIF in your 71st year.
Guaranteed Investment Certificates (GIC): A low risk Canadian investment that offers a guaranteed rate of return over a fixed period of time.