Frequently Asked Questions

Frequently Asked Questions

PLANNING YOUR RETIREMENT

  • When can I retire?

  • What are the biggest risks to my retirement?

  • How much do I need to save each month?

  • How much income will I need in retirement ?

  • Will I have enough money to last my lifetime?

  • How do I minimize my taxes in retirement?

  • What are the risks of retiring early?

  • What type of account to save into?

  • What are the tax implications of retiring early?

  • Do you have enough cash flow?

  • Is your asset/liability ratio balanced?

  • Do you have sufficient insurance coverage?

  • What does your retirement and succession plan look like?

  • Can better tax planning and preparation your annual returns?

  • Is charitable planning important to you?

  • How about saving more for your heirs?

  • Might an investment portfolio analysis help your potential for returns and income while reducing your portfolio risk?

  • Do I have a handle on my budget?

  • Am I maximizing my savings in a tax-efficient way?

  • Should I prioritize paying down debts - student, credit card - or building investment accounts?

  • Home ownership vs renting ?

  • Do I have enough protection to ensure my family’s lifestyle should an unforeseen event occur?

Frequently Asked Questions

MANAGING YOUR INVESTMENTS

  • What's your investment philosophy?

  • Do you have the right asset allocation?

  • Are you properly Diversified?

  • How are you managing the downside risks?

  • Do you have access to the right investments?

  • Do you have access to alternative investments?

  • Are your revenues, costs, profits, and profit margins healthy?

  • Have you recently done a strategic business assessment?

  • Are you tracking expenses, payroll, and tax obligations efficiently?

  • Where can you gain access to capital to help you grow your business?

  • What are your retirement and business succession options?

  • Is your business adequately insured to cover all risks?

  • How much liquidity do you have or need?

  • When should I start an education savings plan for my children?

Answer to Frequently Asked Questions

LEAVING A LEGACY

  • Quarterly financial planning meetings

  • Monitor changes in your situation and update the plan

  • Model 'What If' Scenarios to plan for unexpected

  • Collaborate with your tax advisor to minimize taxes

  • Rebalance and reallocate your portfolio as your situation evolves

  • Saving for College 

  • Buying a 1st or 2nd home

  • Managing equity compensation

  • Paying off debt

  • Planning for Retirement

  • Minimizing taxes

  • Paying themselves more than they need

  • Using their business account for personal expenses

  • Not taking advantage of low interest rates and depreciation, when available

  • Not having the correct corporate structure

  • Not having a succession and tax plan

  • Using liquid funds to make illiquid purchases

  • Not having the appropriate retirement plan or any retirement plan.

  • Not having adequate bookkeeping support

  • Not delegating or hiring a financial professional

  • Not having appropriate insurance plan