About

I’ll help you build a personalized financial security plan. Financial security planning is about more than just retirement planning – it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.

About me

Philosophy

Financial security planning is about more than just retirement planning; it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.

Using the Canada Life security planning process, I’ll:

• Help you define what financial freedom means to you
• Help analyze your current situation, goals and dreams
• Help identify any roadblocks to achieving your goals
• Work with you to build a financial security plan that considers your short and long-term goals
• Regularly review your financial security plan, ensuring it evolves with your changing needs

Four cornerstones of financial security planning

Whether your goals are long-term (such as retirement) or more immediate (such as starting a business or saving for a child’s education), I can help you build a financial strategy tailored to your needs and those of your family. In developing your financial security plan, we’ll consider the four cornerstones of financial security planning:

1. Financial security at death
   • When you die, how can you help safeguard your estate for your family?
   • How much income will your family need?
   • How will inflation affect this income?
2. Retirement
   • Would you like to retire early or reduce the time you spend working?
   • When you retire, what type of lifestyle do you envision?
   • How much income will you need to retire comfortably?
   • How will inflation affect this income?
3. Liquidity
   • Do you have access to cash or liquid assets (i.e. assets that can be easily converted to cash)?
4. Disability and critical illness
   • How would a critical illness or disability affect your income?
   • Would a reduced income affect your retirement savings and would this reduction affect your lifestyle?
   • How much disability or critical illness insurance coverage is enough?
   • If you become critically ill or disabled and take time off work, how will inflation affect your income?
   • If you become critically ill or disabled, will provisions in your group plan allow you to continue saving for your retirement?

Life stages

I want to understand your needs, recognizing they may change as you proceed through life’s stages.

Early Career

As you start your career, you may want to:

• Purchase life and disability insurance to cover your income or protect your ability to earn an income
• Purchase term life insurance or critical illness insurance as a cost-effective way to cover an outstanding mortgage or debt
• Purchase health and dental insurance coverage if your employer does not offer a group benefits plan

Family

Having children changes your life and your needs. Now is a good time to:

• Review your financial security plan
• Plan for your children’s education with options such as registered education saving plans (RESPs)

Business Owner

If you own your own business, you may want to:

• Consider business continuation, buy/sell agreement funding and key person insurance as part of your business planning
• Buy insurance to help cover outstanding business loans or mortgages if you die or suffer from critical illness
• Purchase a health and dental insurance plan
• Consider group insurance options for your employees

Retirement

If you are retired or plan to retire soon:

• Insurance can help supplement your income and can help you leave a legacy
• Health and dental insurance coverage can take over if your benefits through your employer end upon retirement