My process

Whether you’re retired, preparing for retirement or running a business, using an integrated planning process, I’ll work with you to build a customized financial security plan that best fits your needs, helps you manage risk and brings your goals within reach.

How I work

Financial security planning is about more than planning for retirement or protecting yourself against risk – it is about making dreams come true.

I am focused on helping you achieve freedom and choice at all stages of life. To do this, I use a planning process, which is based on the four cornerstones of financial security. It is a process designed to help you:

  • Better understand what financial security means to you by reviewing your current situation and defining goals
  • Identify and discuss any roadblocks to achieving your goals and analyse your situation
  • Identify any gaps and build a plan to help you achieve your short- and long-term goals and dreams
  • Review and monitor your financial security plan regularly to help ensure it continues to meet 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 towards your needs and those of your family. In developing your financial security plan, I will consider the four cornerstones of our planning process:

  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:

  • Understand how life and disability insurance can cover your income or protect your ability to earn an income
  • Review how life or critical illness insurance is a cost-effective way to cover an outstanding mortgage or debt
  • Make sure health and dental insurance coverage is available 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:

  • Regularly review your financial security plan to see what adjustments need to be made
  • Plan for your children’s education with options such as registered education saving plans (RESPs)

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