Investment Planning

Many of your financial goals require some planning and strategy to achieve. To make a solid investment plan that helps you reach these goals there are a few questions that you should ask yourself to help you make a plan that works for you.

1. Be Specific


Define your objectives for the goal and be realistic in setting that goal.

For example, instead of saying you want to have enough money to retire comfortably, think about how much money you’ll need. Your specific goal may be to save $500,000 by the time you’re 65.

2. Calculate

How much you need to save each pay cheque to achieve that goal.

To achieve $500,000 starting at age 30 you need to invest $170 bi-weekly. If you start at 40 you would need to save $510 every two weeks. Is that a realistic amount for you to set aside each pay period? If not, you may need to adjust your goals. (Assuming 6% return).



3. Choose Your Investment Strategy

With the assistance of one of our Advisors, we can help you find the right solutions. If you’re saving for long-term goals, you might choose more aggressive, higher-risk investments. If your goals are short-term, you might choose lower-risk, conservative investments. Or you might want to take a more balanced approach.

4. Monitor and Track Your Progress

We recommend you review your statements regularly and meet with us at least annually or whenever there is a change in your financial situation, goals or objectives.




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