For many Canadians, working regularly with their trusted financial advisor is an everyday occurrence, just like the relationship they have with their doctor. The financial planning process is long-term in nature but there are specific times, turning points in life, when the services of financial planner or investment representative may be required. Some of these are as follows:
- Entering the work force
- Saving for a first home
- Getting married
- Having children
- Dealing with debt
- Changing jobs
- Starting up a business
- Returning to school
- Divorce
- Inheritance
- Death of a family member
- Pre-retirement needs analysis
- Early retirement
- Selling a business
- Absorbing a large, one-time tax bill
- Selling a home/down-sizing
- Transferring a family cottage
- Setting up a private charitable foundation
If you, or some one you know, is faced with one of these events, you should seek the advice of a qualified financial planner or investment representative.
