When Financial Advice is Needed
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When Financial Advice is Needed – Triggering Events Over the Lifecycle SOURCE: THE INVESTMENT FUNDS INSTITUTE OF CANADA POTENTIAL CHANGE TO THE TRAJECTORY OF NET WORTH EVENTS THAT MOST CANADIANS THINK THEY WON’T EXPERIENCE When financial advice is needed Although each of us is unique, we share many similar life events. Many of us experience the excitement of getting married, of buying our first home, and the birth of a child. Many of us care for a loved one and experience the pain of losing someone close to us. We dream of working less, or of retirement, and as we go through life, many of these events trigger the need for financial advice. In fact, industry studies have shown a dramatic difference in asset levels between households with a financial advisor and households without a financial advisor, regardless of total asset levels. These results show that whatever your age or life stage, the value of advice can make all the difference in helping you to achieve your goals and fulfil your dreams. 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 NET WORTH 0 Getting your first job Starting a business Caring for a loved one Losing a loved one Planning for retirement Dealing with tax changes Living your retirement Opening an account Getting married Having a baby Buying your first home Receiving an inheritance Planning for your estate Buying a car Losing a job Getting divorced Long-term disability Critical illness Going to post-secondary school Insurance products and services distributed through I.G. Insurance Services Inc. Insurance license sponsored by The Great-West Life Assurance Company. Written and published by Investors Group as a general source of infor- mation only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an Investors Group Consultant. Trademarks, including Investors Group, are owned by IGM Financial Inc. and licensed to its subsidiary corporations. © Investors Group Inc. 2014 MP1734 (01/2014) RICHARD SHEPPARD CFP Senior Financial Consultant Investors Group Financial Services Inc. Tel: (403) 226-5531 [email protected]
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Although each of us is unique, we share many similar life events. Many of us experience the excitement of getting married, of buying our first home, and the birth of a child. Many of us care for a loved one and experience the pain of losing someone close to us. We dream of working less, or of retirement, and as we go through life, many of these events trigger the need for financial advice. In fact, industry studies have shown a dramatic difference in asset levels between households with a financial advisor and households without a financial advisor, regardless of total asset levels. These results show that whatever your age or life stage, the value of advice can make all the difference in helping you to achieve your goals and fulfil your dreams.
Transcript of When Financial Advice is Needed
When Financial Advice is Needed – Triggering Events Over the Lifecycle s o u r c e : t h e i n v e s t m e n t f u n d s i n s t i t u t e o f c a n a d a
p o t e n t i a l c h a n g e t o t h e t r a j e c t o r y o f n e t w o r t he v e n t s t h at m o s t c a n a d i a n s t h i n k t h e y w o n ’ t e x p e r i e n c e
When financial advice is neededalthough each of us is unique, we share many similar life events. many of us experience the excitement of getting married, of buying our first home, and the birth of a child. Many of us care for a loved one and experience the pain of losing someone close to us. We dream of working less, or of retirement, and as we go through life, many of these events trigger the need for financial advice.
In fact, industry studies have shown a dramatic difference in asset levels between households with a financial advisor and households without a financial advisor, regardless of total asset levels. these results show that whatever your age or life stage, the value of advice can make all the difference in helping you to achieve your goals and fulfil your dreams.
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Getting your first job
starting a business
caring for a loved one
Losing a loved one
Planning for retirement
dealing with tax changes
Living your retirement
opening an account
Getting married
having a baby Buying your first home
receiving an inheritance
Planning for your estate
Buying a car
Losing a job
Getting divorced
Long-term disability
critical illness
Going to post-secondary school
insurance products and services distributed through i.G. insurance services inc. insurance license sponsored by the Great-West Life assurance company. Written and published by investors Group as a general source of infor-mation only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an Investors Group Consultant. trademarks, including investors Group, are owned by iGm financial inc. and licensed to its subsidiary corporations.© investors Group inc. 2014 mP1734 (01/2014)
RICHARD SHEPPARD cfP
Senior Financial ConsultantInvestors Group Financial Services Inc.
Tel: (403) 226-5531 [email protected]
