Working with a Financial Planner
Is your retirement a DIY project? The longer you work with a Financial Planner, the better off you’ll be. After 15 years of working with a financial planner, advised households accumulate as much as 2.73 times the amount of assets than otherwise identical non-advised households1. After 20 years it’s over 3 times. What would you do with 3 times your retirement income?
A Financial Planner can help you determine where you are today financially and where you want to go. A Financial Planner can provide you guidance on how to reach your short-, medium-, and long-term financial goals.
Why work with a Financial Planner?
- Worry less about money and gain control.
- Organize your finances.
- Prioritize your goals.
- Focus on the big picture.
- Save money to reach your goals.
What can a Financial Planner help you with?
Financial Planner can help you with accumulation and protection. You’ll be better protected for the future.
- Cash management – savings and debt
- Tax reduction planning
- 84% of advised households have RRSPs (Registered Retirement Savings
Plan)compared to only 36% of non-advised2
- 45% of advised households have TFSAs (Tax Free Savings Account) compared to only 20% of non-advised2
- Insurance planning
- Health insurance
- Estate planning
Canadians backed by a financial security plan:
- Feel they are better equipped for life’s unexpected financial emergencies, to weather tough economic times, and feel assured their loved ones are looked after financially
How do you start?
- Establish and define the advisor-client relationship.
- Gather information about current financial situation and goals including lifestyle goals.
- Analyze and evaluate current financial status.
- Develop and present strategies and solutions to achieve goals.
- Implement recommendations.
- Monitor and review recommendations; adjust when necessary.
- Contact me about helping you get your finances in order so you can achieve your lifestyle and financial goals.
- Feel confident in knowing you have a plan to get to your goals.
1 The Investment Funds Institute of Canada, www.ific.ca: New evidence on the value of financial advice, 2012
2 Investment Funds Institute of Canada, www.ific.ca: The value of advice: Report, 2011