his engagement process is used with clients who approach us not only to provide them with answer whether they have enough to retire but also to review each area of their finances and how each of those areas integrate.
During this engagement we will be:
reviewing and prioritizing your financial goals and objectives
summarizing your current financial situation which includes developing a net worth statement, cash flow summary, budget and income tax analysis, insurance review and current estate planning in place
once clarity around goals is established, a comprehensive plan is created to address all areas and present clear actions needed to get the client from today’s situation towards their goals
along the way, strategies for budgeting and debt management are presented,
identifying tax planning strategies to optimize your financial position
completing a retirement planning assessment, including financial projections of assets based on your estimated retirement date
reviewing your current investment products and investment portfolio.
developing YOUR asset management strategy that fits your risk profile and YOUR objectives
developing a financial management strategy, including financial projections and analysis
assessing your exposure to financial risk and developing a risk management plan
developing an estate plan to ensure estate planning objectives are met
integrating and prioritizing all strategies outlined above into a comprehensive financial
financial plan that will be reviewed in detail with you; it will contain recommendations designed to meet your stated goals and objectives, supported by relevant financial summaries
assessing your estate net worth and liquidity and estate planning strategies
This engagement includes an initial data gathering meeting, plan presentation meeting, and follow up call to answer any questions. Since each situation is unique, the price for a comprehensive plan ranges between $3,000 to $5,000 depending on the complexity of your situation. After an initial discovery call, more accurate pricing will be provided.
To book a complimentary consultation, contact us at https://www.simplicityfinancial.ca/contact