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An advised household:
- Saves at double the rate of non-advised household:1:
- Has, on average, four times more investable assets than those with advisor2
Canadians with a financial security plan are almost twice as likely to feel “on track” with their financial affairs as those who do not3
However, don’t settle for a one-size-fits-all approach to your financial future. Your financial security plan should be as individual as you are and should reflect your life stage, personal circumstances and future goals.
A financial security advisor who’s invested in your success will take the time to understand your current situation, identify your future needs and customize a plan that is suited to you!
My challenge to you is that if you are not working with a financial security advisor today, find one that you can trust and build a long-term working relationship with. The value that a good financial security advisor will have on your long-term financial future is incalculable.
Please continue to visit my blog, I will be chatting about everything financial security planning.
Until next time,
1 CIRANO, An Econometric Analysis of the Value of Advice in Canada, 2012
2 The Investment Funds Institute of Canada, The Value of Advice: Report, Nov. 2011
3 FPSC, Value of Financial Planning, 2012