While preparing a draft financial life plan for a new client recently, we were reviewing the client’s existing planning and came across a fairly standard issue that should be addressed in their plans: the efficient withdrawal of income during retirement. […]
Well, I suppose many people are sitting there worried about the status of their investment portfolios in light of our current markets and the headaches happening around the world. Shall I say, we’ve been here before? Well, that doesn’t hold […]
Here we go again for the good. The Federal Government is creating a new Tax-Free First Home Savings Account (FHSA) as a way to assist new buyers save money for their down payment in a ridiculously expensive and barred real […]
Maybe this is the first year in several where we will see kids return to school for a prolonged stay moving away from the confusing partial at home education they have been receiving during the pandemic. Whether you’re a […]
We have discussed the foundation and fundamentals of financial life planning. We’ve laid the framework. Now we can create focus. The financial life planning model is a holistic model. To be truly client-centered is to view the individual in terms […]
This is the second of three posts about financial life planning. The last post introduced the underlying values of the process. It explored asking meaningful questions that leads to an integrated and humanistic approach to planning. It drilled down to […]
Some recent conversations with clients and prospective clients have led me to want to write a series of articles on post pandemic financial life planning. There are some important deviations between financial life planning and financial planning most people are […]
Rising interest rates are alarming most Canadians. All in the name of fighting inflation. Some can accept rising prices but when it comes to servicing mortgages and debt, this is most concerning for people. Especially with mortgages and debt related […]
Today we are all trying to find out where we are on our financial roadmaps. Some of us are at the start. Some of us are nearing the finish line. Most are in the middle of the road like millennials. […]
Some people think that debt is a dirty word. Whether it be personal debt or business debt, it has some negative connotations. When you run a small business, debt is typically part of your financial life plan. While debt often […]
