A roadmap for financial security

The value of financial planning advice

As incredible as it sounds, many people spend more time planning their next vacation than their financial future. Although people want to plan for their financial well-being, many do not know where to begin.

FINANCIAL PLANNING

In many ways, a financial plan is similar to having a map to guide you on a long road trip. You start by determining your life goals and objectives and taking stock of your present circumstances. Think of it as choosing your destination, and locating it, along with your present location, on a roadmap. From there, you weigh a number of considerations before developing a detailed financial plan. Just as there are many different map routes that can be taken to reach your destination, there are many different ways to customize your financial plan to achieve your life goals and objectives.

A BALANCED APPROACH

When planning the route for your road trip, you might choose the fastest, the most scenic or, perhaps more likely, a blended route. Similarly, your financial plan will strike a balance between today’s needs and tomorrow’s goals.

EXPECT THE UNEXPECTED

Your financial plan will continue to evolve as your circumstances change, just as you would adjust your travel route for a road closure or other detour.

COMPREHENSIVE PLANNING

A common misconception is confusing financial planning with investment management. Although a significant part of the process, a comprehensive financial plan will encompass much more.

WHY YOU NEED ADVICE

According to a study conducted by the Investment Funds Institute of Canada1, 72% those who retained the services of a financial advisor were satisfied with their financial situation, versus 53% without an advisor. With this in mind, Laurie Renton, Owner at LR Future Insurance & Investments and Financial Advisor with Desjardins Financial Security Investments Inc. created an external network of partners who are available to offer full financial planning advice to her hometown clients.

ADVICE FOR REAL LIFE

We are here to help you make informed choices, by offering you honest and straightforward financial advice based completely on your needs. We call it advice for real life, and it starts with your life. Contact us today.