Your L.I.F.E. Plan

We believe that Wealth Management goes beyond traditional investment strategies. We see it as encompassing your entire investment and financial life. For each of our clients we design L.I.F.E. plans that are designed to offer BIG PICTURE strategies and solutions. With our years of experience in working with our clients we find that there are different phases that they go through at different stages of their life.


The age that people enter these phases is not always the same for everyone, but we find that during each phase there are a number of similar issues that will be more important to you during a particular phase than at other times of your life. The L.I.F.E. plan that we prepare focuses on the issues that are most important to you now, but is also be designed to be flexible as you progress to your next phase of life. 


Your L.I.F.E. Plan is based on your situation now and what your plans are for the future. We treat every clients' situation as unique and we are committed to creating a comprehensive L.I.F.E. Plan that is meaningful to you. We ask a lot of questions about your personal situation and we gather information about your investments, family protection (insurance needs), tax situation now & in the future as well as potential estate issues so we can create your own unique L.I.F.E. Plan. We always address the most important issue first when we put the L.I.F.E. Plan into action.


The Phases of Your L.I.F.E.

Growth Phase

Pre-Retired Phase

Retired Phase

Wealth Transfer

Growth Phase

The period of life where you are building your net worth and establishing good wealth plans.

The GROWTH phase is the period of life where you are building your net worth and time is on your side, but these are also the years where establishing good habits and creating a good plan is extremely important.


The Growth Phase is typically a very busy time of your life where you are constantly dealing with multiple changes all at the same time; personal, business and family responsibilities.


Here are some of the concerns we encounter as important to clients in the GROWTH phase:


  • Establish saving and investment habits to make it possible to reach multiple goals.
  • Period of multitasking, learning to deal with the many challenges of family and career.
  • Review insurance needs, with particular attention paid to family protection.
  • Long term thinking, 20 – 30-year accumulation and growth.

The PRE-RETIRED phase is are the transition years, the time to reorganize and prepare for a retirement or semi-retirement lifestyle.


Pre-Retirement is the time to pay close attention to the structure of, not only your investments but all the parts of your life: Pensions (private and government), Insurance (personal and business), Health care plans, lifestyle expenses and tax structure, to name but a few.


Here are some of the concerns we encounter as important to clients in the PRE-RETIRED phase:


  • Reorganize investments to provide income and reduce volatility.
  • Review income streams from Pensions, registered and non-registered investments.
  • Prepare sale of business or phasing out of active participation.
  • Potentially Downsizing home.
  • Seriously investigate transitioning into new activities to replace a life of work, something that is meaningful to you.

Pre-Retired Phase

Transition years – reorganize and prepare for a retirement or semi-retirement lifestyle.

Retired Phase

The focus is to protect your principal and predictability of income stream.

The RETIRED phase, a huge lifestyle change is something to transition into gradually as opposed to jumping into ‘cold turkey’! Protection of principal and predictability of income stream become more important now.


With ever increasing life spans many of us are looking at the likelihood of living as many years in retirement as we did working. Emphasis is no longer on growing assets but rather on managing them and navigating the challenges of this new stage of life.


Here are some of the concerns we encounter as important to clients in the RETIRED phase:


  • Structure investments for tax efficient cash flow.
  • Pension splitting.
  • Insurance need; estate protection, travel, replacement of general health care plan.
  • Downsizing / right sizing home.
  • Tax and medical issues if snowbird.
  • Medical, potential expenses.
  • Family obligations.
  • What to do with free time.

The WEALTH TRANSFER phase should not be ignored, it is a time to make a few simple decisions. Not necessarily difficult if done properly, but because it is something that most people only go through a few times in life (at most) there can be a tendency to put it off, which is a mistake.


Here are some of the concerns we encounter as important to clients in the WEALTH TRANSFER phase:


  • Review of potential taxes and probate fees. Strategy to minimize these fees wherever possible.
  • Strategies for Registered plans, non-registered investments, business assets.
  • Products / tools to use.
  • Immediate, Delayed or phased in over time.
  • Leaving a legacy based on what you want to occur.
  • Charitable Giving Strategies.

Wealth Transfer Phase

The focus is on establishing your legacy, estate taxes and probate strategies and plans.

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