Financial planning is the backbone of any solid wealth management strategy. Whether it’s ensuring your family’s financial security, looking towards a new phase of life or planning your legacy, our financial plans provide a clear sense of direction and a route map for the future.

One of the areas in which we can help is the transition from working years to retirement years. For example, consider the case of a couple in their mid-60s. These clients are both recently retired and have downsized their home. They have two adult children and want to ensure they would be able to enjoy some traveling in their retirement years. In addition, they wish to leave a legacy for their children and grandchildren, with a particular focus on helping with their grandchildren’s education.

Following a simple yet comprehensive discovery process, we provide these clients with a plan that includes:

• Cash flow planning strategies to meet their expected income needs.
• Tax management strategies to reduce the burden of taxes both now and in the future.
• Estate planning strategies to minimize the erosion of their estate through taxes and administration costs, along with advice related to selecting a suitable Executor.
• Strategies to help provide for their grandchildren’s education.

In the end, we are able to show our clients how they could enjoy their retirement today, while feeling secure about their financial tomorrow.

This is just one example of the type of planning we provide. In the coming weeks, I’ll be sharing stories of other clients with different needs. In the meantime, if you’d like to know more about the planning strategies outlined above, or know anyone in a similar situation, please feel free to reach out to us at any time.