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Setting Financial and
Personal Goals
 
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GIC
Rates
Asset
Allocation Strategies (PowerPoint presentation)
Comprehensive
Financial Planning |
Retirement
Planning |
Estate
Planning |
The financial planning process involves assessing your current situation and setting financial and personal goals before implementing financial
decisions. The advice of a professional who uses the financial planning process will help you make smart financial decisions.
Through the financial
planning process, you will:
- Clarify your current situation by assembling all relevant personal and financial data.
- Identify both financial and personal goals so that you can define where you want to be and what you want to do.
- Identify financial barriers that stand in the way of reaching those goals.
- Develop a financial plan structured to meet your needs and goals.
- Implement your comprehensive financial plan.
- Periodically review and revise your plan as your personal situation and economic condition change.
There are five basic questions requiring answers prior to placing investments;
- What is the time factor; how long will it be invested? How will it be devested?
- What return can be achieved; or averaged; what are the guarantees?
- How cashable is the investment; is liquidity necessary; is it creditor proof from seizure?
- What are the estate and tax implications; will it save taxes?
- What are the risk implications; can the investment be lost; what is the volatility?
Once these and other questions are answered, we can assist our clients in carefully selecting the appropriate investment, thereby insuring that the client's needs are effectively met.
For more information on financial planning, please fill in our Secure request form so we can get to know you better and we will contact you to discuss PLANNING YOUR FUTURE
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