You Want Financial Success?

You Need A Plan!

Start by identifying your goals:

• Worry-free retirement?
• Warm weather winters?
• Financial freedom (you can work at what you want, when you want)?
• Do you want to leave some money behind when you are gone (because you can't take it with you)?
• Kids, Grandkids, Charities?
• Vacations?
• Real Estate?
• What is most important to you?
• Short-term goals and Long-term goals.
• Give it some thought. Write it down. 

Now, how are you going to get from here to there?

• What are your total assets now (including pensions, RRSP's, TFSA's, RESP's, other savings, Real Estate, Insurance policies (cash value)?
• What are your liabilities (debt)?
• Assets - Liabilities = Total Net Worth
• What are your incomes?
• What are your costs of living?
• Annual income - Annual expenses = savings.

Forecast Your Wealth:

• What is the annual rate of growth of your assets (after expenses: fees, taxes and other costs)?
• Add in your savings (after taking income growth and inflated expenses into consideration) and compound the growth each year (this is where it can really start to work for you).
• Maximize the tax-efficiency of TFSA's and RRSP's.

Need Help?

www.highrockcapital.ca