Turning Point Events
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.