Balanced Approach

Financial Planning for Every Stage of Life

As you move through life, your financial needs will evolve and change. Whether you’re starting a family or trying to retire, let us help you navigate through every stage of growth, protection, saving, lending* and wealth management.

20-30 Years Old Early Career

Protection: Protect income from accident, illness & premature death.

Wealth Management: Begin saving for retirement.

Tax & Estate Planning: Use RRSPs to reduce income tax; Set up Powers of Attorney.

Saving & Lending*: Establish an emergency fund; Pay down debt; Save for down payment.

25-35 Years Old Young Family

Protection: Protect income; Guarantee future insurability for children.

Wealth Management: Establish regular savings for retirement & children’s education.

Tax & Estate Planning: Set up Wills, Powers of Attorney, Trusts and Guardians.

Saving & Lending*: Purchase first home; consolidate debt & continue paying it down.

35-50 Years Old Growing Family

Protection: Protect income.

Wealth Management: Increase retirement savings.

Tax & Estate Planning: Review and update Wills & POAs as needed; plan for estate preservation.

Saving & Lending*: Continue to pay down debt; Emergency fund established.

50-65 Years Old Empty Nesters

Protection: Protect Pension.

Wealth Management: Sustainable, tax efficient income.

Tax & Estate Planning: Review and update Wills & POAs as needed; plan for estate preservation.

Saving & Lending*: Debt paid off prior to retirement; Emergency fund.

65+ Years Old Retirees

Protection: Protect Pension.

Wealth Management: Sustainable, tax efficient income.

Tax & Estate Planning: Review and update Wills & POAs as needed; plan for estate preservation.

Saving & Lending*: Emergency fund.

* While borrowing to invest can be a powerful means to build wealth, the risks involved make it a strategy that is not suitable for everyone. Leveraging magnifies gains or losses.