Statistics show that investors who work with a Financial Advisor can accumulate as much as four times the financial assets than those who go it alone. Research also shows that having a planner create a comprehensive financial plan in line with your goals and keeping you on track results in additional wealth and a brighter financial future.
A Certified Financial Planner can help you;
- Start an investment and retirement plan to help ensure you have enough money in retirement.
- With strategies for saving for future large purchases, such as a house, car cottage or wedding.
- Save time so you can concentrate on other important decisions in your life.
- Mitigate risk, and not always follow the behaviour of others, even in the face of unfavourable outcomes.
- Reduce your debts and save for the future.
- Prepare funds for emergency planning.
- Stay disciplined with your plan.
- Invest your money in a tax-efficient way to help minimize taxes.
- Understand current market events and explain how they may impact your investments.
- Set up a tax advantaged plan that ensures your kids have enough saved for their post secondary education.
- Plan for tax-efficient RRIF withdrawals
- Consolidate your investments with your spouse in an effective tax-advantaged manner.
- Monitor your portfolio and rebalance as necessary based on your risk tolerance and your objectives.
- Plan ways to start a small business, or even sell one.
- Position your portfolio when the markets go higher or lower.
- Adjust to life events that change your financial circumstances and change your financial plan.
- Create a Cash Flow Plan in conjunction with your lifestyle and spending habits.
- Provide you with a needed referral to another expert, like a tax planer or an accountant.
- Plan for an early retirement.
- With estate planning and even administration after the passing of a loved one.
I am here to help you navigate through every stage and major event in your life, please don’t hesitate to call and ask for my advice, that is what I am here for.
Have a great weekend,
Tracey
Source: Quantitative Analysis of Investor Behaviour by Dalbar, Inc. (March 2012) and Lipper, CI Funds, AGF Funds, MT 20-11-15
Image courtesy of Stuart Miles at FreeDigitalPhotos.net