"Achieving your financial goals doesn't happen overnight; it takes careful planning and execution."
Why do you need a financial plan?
A good financial plan can help you answer these questions, and more...
Will you be in a position to fund your children’s post-secondary education?
Will you be responsible for the care of an aging parent or spouse, or a mentally or physically challenged child?
Is your investment strategy consistent with your financial goals?.
If you were to die, would your family be financially secure?
If you become disabled, will you have enough income to manage until you are well again?
Financial planning is an ongoing process that includes:
Evaluating your current situation
Clarifying your goals
Identifying hurdles in achieving your goals and considering alternative solutions
Developing a comprehensive written analysis with recommendations
Implementing your plan
Reviewing your plan on a regular basis