“Accumulators” & Young Families
At this stage in your life, “retirement” still seems somewhat distant, but you understand the need to grow your investment assets. While your current household income is good, you likely have a mortgage, and perhaps one or more dependents who are counting on you as a provider for the next 10-20 years.
This is an ideal time to determine exactly where you are, where you’re headed, and protect your most important assets while you build for your future.
More importantly, now is the time to build the habits of wealth that will last a lifetime - maybe even generations!
Time is still on your side. Use it wisely.
This is an ideal time to determine exactly where you are, where you’re headed, and protect your most important assets while you build for your future.
More importantly, now is the time to build the habits of wealth that will last a lifetime - maybe even generations!
Time is still on your side. Use it wisely.
- Set long-term financial goals
- Project retirement lifestyle and income needs
- Assess personal tolerance for risk
- Determine appropriate asset allocation
- Strategic use of tax-deferred (RRSP) versus tax-free (TFSA) versus tax-efficient accounts
- Build/monitor/update your investment portfolio
- Establish post-secondary education funding for children
- Review your group health benefits and help you understand any limitations therein.
- Protect your life-long income stream for you and your dependents
- Get the best deal on mortgage insurance
- "Crash-test" your retirement investment portfolio
- Increase your peace of mind regarding your family’s long-term financial well-being.
