Four cornerstones of financial security planning

Whether your goals are long-term (such as retirement) or more immediate (such as starting a business or saving for a child’s education), we can help you build a financial strategy tailored to your needs and those of your family. In developing your financial security plan, we’ll consider the four cornerstones of financial security planning:

1. Financial security at death
   • When you die, how can you help safeguard your estate for your family?
   • How much income will your family need?
   • How will inflation affect this income?
2. Retirement
   • Would you like to retire early or reduce the time you spend working?
   • When you retire, what type of lifestyle do you envision?
   • How much income will you need to retire comfortably?
   • How will inflation affect this income?
3. Liquidity
   • Do you have access to cash or liquid assets (i.e. assets that can be easily converted to cash)?
4. Disability and critical illness
   • How would a critical illness or disability affect your income?
   • Would a reduced income affect your retirement savings and would this reduction affect your lifestyle?
   • How much disability or critical illness insurance coverage is enough?
   • If you become critically ill or disabled and take time off work, how will inflation affect your income?
   • If you become critically ill or disabled, will provisions in your group plan allow you to continue saving for your retirement?