Our personalized approach to financial planning involves developing plans around the six basic disciplines of financial planning: investments, planning, tax planning, estate planning, risk management, and cash management. These plans are monitored and changed as necessary. Planning is a lifelong process aimed at achieving financial goals and objectives. For assistance with any financial matters, please contact Turenne Joseph.
To paraphrase Dickens, there’s a lot of controversy today about whether we live in the best of times or worst of times concerning retirement. On the one hand, many Americans generally have some kind of retirement support, if you include Social Security, Medicare, private and public pension plans, and the many types of pre-tax retirement plans, such as IRAs and 401(k)s.
On the other hand, demographic and economic forces are making retirement itself a much bigger challenge, primarily because people live longer now. That means you need to work and save enough today to somehow pay for later without employment — a tall order. And recent market upheavals have demonstrated that you may not be able to rely on the stock market in the short term to pay the bill.
This presentation will introduce you to strategies that could help you to potentially build a bigger nest-egg during your working years, make it last longer in retirement, and even pass on more to your heirs.
Because, after all, retirement should be a time to finally relax, stop worrying and enjoy life. But you can’t escape the daily grind until you are financially independent, which in the end is what retirement is all about. So bottom line, let’s talk about working toward financial independence.
Financial Planning: Updates on Financial Planning, Tips to manage money. Know about importance of Financial Planning, rules of financial planning, ...
Financial Planning: Updates on Financial Planning, Tips to manage money. Know about importance of Financial Planning, rules of financial planning, ...
Admirable Worldwide is one-stop consultancy firm offering comprehensive solutions in Financial Planning and Consulting. We help individuals and corporates to achieve their strategic goals and objectives as well as increasing process efficiencies to optimize revenue and bottom line.
Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for your retirement.
Financial Planning is about “Planning Life” and “Financial Prosperity” and involves 95% strategy and 5% products. It is the blueprint for planning and management of all financial affairs for your entire life and consider holistic view that enables you achieving your life’s goals. For further details, please visit "http://www.admirableworldwide.com/".
Identifying the 12 things that EVERYONE gets wrong about financial planning, Understanding insurance, Demystifying savings and investments, Wading through the banking and lending challenges, Effective tax and estate planning
To paraphrase Dickens, there’s a lot of controversy today about whether we live in the best of times or worst of times concerning retirement. On the one hand, many Americans generally have some kind of retirement support, if you include Social Security, Medicare, private and public pension plans, and the many types of pre-tax retirement plans, such as IRAs and 401(k)s.
On the other hand, demographic and economic forces are making retirement itself a much bigger challenge, primarily because people live longer now. That means you need to work and save enough today to somehow pay for later without employment — a tall order. And recent market upheavals have demonstrated that you may not be able to rely on the stock market in the short term to pay the bill.
This presentation will introduce you to strategies that could help you to potentially build a bigger nest-egg during your working years, make it last longer in retirement, and even pass on more to your heirs.
Because, after all, retirement should be a time to finally relax, stop worrying and enjoy life. But you can’t escape the daily grind until you are financially independent, which in the end is what retirement is all about. So bottom line, let’s talk about working toward financial independence.
Financial Planning: Updates on Financial Planning, Tips to manage money. Know about importance of Financial Planning, rules of financial planning, ...
Financial Planning: Updates on Financial Planning, Tips to manage money. Know about importance of Financial Planning, rules of financial planning, ...
Admirable Worldwide is one-stop consultancy firm offering comprehensive solutions in Financial Planning and Consulting. We help individuals and corporates to achieve their strategic goals and objectives as well as increasing process efficiencies to optimize revenue and bottom line.
Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for your retirement.
Financial Planning is about “Planning Life” and “Financial Prosperity” and involves 95% strategy and 5% products. It is the blueprint for planning and management of all financial affairs for your entire life and consider holistic view that enables you achieving your life’s goals. For further details, please visit "http://www.admirableworldwide.com/".
Identifying the 12 things that EVERYONE gets wrong about financial planning, Understanding insurance, Demystifying savings and investments, Wading through the banking and lending challenges, Effective tax and estate planning
Investing is an important part of achieving financial stability. It's one of those crucial financial tips that young individuals, as well as those over the age of 40 years, should keep in mind. When you invest a portion of your income, you keep yourself ready to face any financial emergency. Whether it's medical uncertainty, sudden losses in business, or layoffs in your organisation, investment assists in every difficult time.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
This document is an attempt to create financial literacy among salaried professionals who have begun their professional career. The intent of the document is to emphasize financial planning and create awareness about various asset classes. The sample financial plan is also available in excel format for you to experiment your financial needs. If your are interested in the excel based plan, please send an email to me.
Should you need any clarification/help, just send an email.
Happy learning!
Financial planning playa avery important roli in our economy..Financial planning is like all other phases of life; it involves choices
Spend now or save for later?
Pay off existing bills or increase retirement savings?
Focus savings dollars on short term or long term goals?
A true financial plan does not focus one aspect or product, but instead seeks to take all areas of planning into consideration when making financial decisions.
Financial Planning: Building Your Wealth - webinarG&A Partners
How important is your financial security? The stock market has been improving since March, but where is it headed next?
As unemployment continues to grow and traditional methods of financing are becoming strained, join us as we take a look at the importance of Financial Planning. This webinar will walk you through the process of identifying and prioritizing your personal and business goals in order to implement a dynamic plan that will give you peace of mind.
This PPT is on creating personal financial plan. Also ideas on creating wealth and also various avenues of investments. This ppt is based on investment options available in India
Financial Planning is a long term process through which you can achieve your financial goals. We at Financial Hospital bring to you a presentation to help you understand the basics of having a healthy and planned financial future.
A self guide towards financial planning. We ourselves can manage our finances, so here comes phase-1 describing about few topics. Stay tuned for the remaining topics in phase-2.
Planning is bringing the future into the present, so that you can do something about it now. Wise money management can take a lot of worry out of your life.
Know some amazing and important Financial planning tips.
Confused by the variety of retirement options? Want to retire early? Want to retire abroad? You’ll find all the answers at Retirement Planning Solutions (for UK and overseas)...
Exiting your business is a common obstacle for many entrepreneurs. You are ready to sell but how do you develop an exit strategy that meets your
needs? Preview our slides to learn how you can get your business ready for sale, develop your exit plan and be mindful of tax and legal considerations.
To view our video coverage of the event, visit: http://www.welchllp.com/resource-centre/videos/events/
Investing is an important part of achieving financial stability. It's one of those crucial financial tips that young individuals, as well as those over the age of 40 years, should keep in mind. When you invest a portion of your income, you keep yourself ready to face any financial emergency. Whether it's medical uncertainty, sudden losses in business, or layoffs in your organisation, investment assists in every difficult time.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
This document is an attempt to create financial literacy among salaried professionals who have begun their professional career. The intent of the document is to emphasize financial planning and create awareness about various asset classes. The sample financial plan is also available in excel format for you to experiment your financial needs. If your are interested in the excel based plan, please send an email to me.
Should you need any clarification/help, just send an email.
Happy learning!
Financial planning playa avery important roli in our economy..Financial planning is like all other phases of life; it involves choices
Spend now or save for later?
Pay off existing bills or increase retirement savings?
Focus savings dollars on short term or long term goals?
A true financial plan does not focus one aspect or product, but instead seeks to take all areas of planning into consideration when making financial decisions.
Financial Planning: Building Your Wealth - webinarG&A Partners
How important is your financial security? The stock market has been improving since March, but where is it headed next?
As unemployment continues to grow and traditional methods of financing are becoming strained, join us as we take a look at the importance of Financial Planning. This webinar will walk you through the process of identifying and prioritizing your personal and business goals in order to implement a dynamic plan that will give you peace of mind.
This PPT is on creating personal financial plan. Also ideas on creating wealth and also various avenues of investments. This ppt is based on investment options available in India
Financial Planning is a long term process through which you can achieve your financial goals. We at Financial Hospital bring to you a presentation to help you understand the basics of having a healthy and planned financial future.
A self guide towards financial planning. We ourselves can manage our finances, so here comes phase-1 describing about few topics. Stay tuned for the remaining topics in phase-2.
Planning is bringing the future into the present, so that you can do something about it now. Wise money management can take a lot of worry out of your life.
Know some amazing and important Financial planning tips.
Confused by the variety of retirement options? Want to retire early? Want to retire abroad? You’ll find all the answers at Retirement Planning Solutions (for UK and overseas)...
Exiting your business is a common obstacle for many entrepreneurs. You are ready to sell but how do you develop an exit strategy that meets your
needs? Preview our slides to learn how you can get your business ready for sale, develop your exit plan and be mindful of tax and legal considerations.
To view our video coverage of the event, visit: http://www.welchllp.com/resource-centre/videos/events/
Get to know what I do (Group Benefits/Group Investments)Kevin Green
I have uploaded this presentation to give business owners a better understanding of how we work with them on group benefits and group investments. It explains our added-value approach - implementing the plan plus working with employees on their personal financial planning needs. Enjoy!
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
19. Benefits of contributing to an RESP The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of your RESP or returns on investment 114 969 $ 87 141 $ - $ 10 000 $ 20 000 $ 30 000 $ 40 000 $ 50 000 $ 60 000 $ 70 000 $ 80 000 $ 90 000 $ 100 000 $ RESP Regular Income Basic CES grant Contribution (pretax) RESP : Contributing $208.33 at the start of each month for 18 years and 20% grant at the start of each month for 14.4 years and earning 8% “before taxes” over 18 years. Regular Investment : Investing $208.33 at the start of each month for 18 years earning 8% (a portion of the earnings is subject to annual taxation).
20. RESP or TFSA ? Assumptions : Investment Return 6.5% Lump sum annual contributions on January 1 of each year. GOAL: Save for a child’s education Maximum Final value with flexibility A combination of both offers the best of both worlds…
21. The best of both worlds… RETIREMENT PLANNING Today and Tomorrow
22. … Make it everything it can be ! Building a solid retirement plan is a lifetime project
23. $ $ $ $ Go up Stay same Go down Now Age 55-65 The Dream Target Net Worth @ Retirement You want… Your needs to go down? To maintain the same lifestyle? Your net worth to go up? I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S
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27. Maximize your net worth! Calculate your retirement income Calculate your retirement income Don't simply retire from something; have something to retire to HARRY EMERSON FOSDICK
28. Charting the right course Successfully navigating challenging markets INVESTMENTS PLANNING is the key to reaching your financial goals
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31. The Corporate Class Advantage Tax planning benefits throughout the lifecycle of your investments: We have the tools…
32. Our money management professionals monitor markets from a global perspective We have the resources… Winnipeg Montr é al Dublin Hong Kong Investors Group is poised to help …
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34. Consolidate your stocks, money market instruments, treasury bills, fixed income investments and non Investors Group mutual funds into an overall plan. I N T E G R I T Y > Q U A L I T Y > R E S P O N S I V E N E S S Investors Group . Securities Inc. We are registered in all Canadian provinces and territories
35. Group RRSP, Group TFSA , Group Insurance Your business is more appealing with a versatile benefits package that helps attract and retain good employees We have the tools… The power of Group Plans
36. It takes a lifetime to accumulate … it’s worth protecting Are you unknowingly gambling with your and your family’s future… ? RISK MANAGEMENT
37. Risks of Life … … can adversely affect you and your survivors’ financial foundation Old Age Without Adequate Income Sudden Disability Premature Demise
38. the Dream… the Reality… $ $ $ $ Go up Stay same Go down Now Age 55-65 The Reality 1/3 of people will have to access their savings in order to deal with a disability, critical illness or need to care for aging parents.* Delayed retirement? The Dream Target Net Worth @ Retirement *1985 Commissioner’s Disability Table A (experience table); CIA 86 to 92 Aggregate Mortality Table
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40. Lifestyle Insurance ™ is planning for no compromises on your choices and dreams… Protect your ability to generate an income You’ve poured your soul into building a successful business… RISK MANAGEMENT
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44. … to pass the torch … We can help with key issues and challenges towards a smooth transition COMES THE TIME RISK MANAGEMENT PLAN
48. Your wishes are…? for your family, your community, a cause that you value…
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55. your dreams, in continued mode… your transitions… your destinations, your concerns… your goals,
56. … Maximize your possibilities and financial freedom … Turenne Joseph Tel. Office : (514) 350-8750 ext. 8815 Toll Free : 1 (866) 688-8750 Fax : (514) 350-8752 Email : [email_address] Financial Security Advisor Mutual Funds Representative Licensed in Québec, Ontario and British Columbia Investors Group Financial Services, a Financial Services Firm. 2001 University, Suite 1620 Montreal QC H3A 2A6 You have questions ? Source: Advisors Insights, Inc.
Editor's Notes
Comme vous le verrez tout au long de cette présentation, nos fondements sont l’intégrité, la qualité et la diligence. Mon objectif est d’étendre mon réseau et vous offrir l’opportunité de me connaître afin d’apprécier mon engagement dans le respect de qui vous êtes, où vous êtes et où vous désirez aller… valeur ajoutée assurée.
Il ne vous reste plus que quelques années avant de passer du rêve à la réalité. Vous avez régulièrement cotisé à votre REER et fait d’autres placements non enregistrés en vue de concrétiser le rêve d’une retraite bien méritée. Mais, le grand jour venu, pourrez-vous vivre pleinement la retraite de vos rêves parce que vous vous êtes libéré de vos dettes? La consolidation de dettes* peut être une solution de choix pour réduire vos frais d’intérêt mensuels et accroître votre capacité à investir. Pour mieux vous informer, nous vous proposons une « Analyse personnalisée de vos liquidités ». Cette analyse scientifique tient compte de tous vos besoins de liquidités et met l’accent sur la consolidation de dettes afin que votre plan de remboursement soit adapté à votre plan de retraite global. Communiquez avec moi pour fixer un rendez-vous à votre convenance. Ensemble,
N’est-ce pas ?
Cette présentation est de nature générale afin de vous donner une vue d’ensemble. Assurez-vous d’avoir une rencontre avec un suivi adéquat pour des conseils précis.
The Plan™ from Investors Group can help you develop a roadmap designed to help you prosper now and over time. Our personalized process will touch on three major activities: Gaining control of your day-to-day financial affairs to enable you to do the things that bring you satisfaction and enjoyment Charting a course toward your long-term financial goals such as buying a house, sending your kids to college, or retiring comfortably Building a financial safety net
The first step in financial planning is to think about what your goals are and then to work with a planner to determine how much you will need to save to achieve your goals. Once you have determined that amount, you should budget for it as a fixed expense, not as a discretionary item that you will take care of if there is money left over… Voici les éléments qui maintiennent et ramènent ce goût de liberté encore et encore…. Penser à vous en premier…cela veut dire…Définir d’abord vos objectifs, ce qui est important selon vos valeurs, votre perception de votre mode de vie, vos rêves. Ces éléments établis, le focus est clair. Alors, on valide les engagements incontournables, puis on planifie nos économies, ensuite on dépense le reste plutôt que l’inverse. On a parfois et même souvent tendance à planifier nos dépenses et à économiser le reste. L’inverse permet que vos économies soient non discrétionnaires. Définissez vos objectifs financiers Déterminer vos engagements avec un budget familial Calculez combien il vous faut mettre de côté pour atteindre vos objectifs Considérez ces économies comme des dépenses fixes, non discrétionnaires
As a rule of thumb, a good starting point is to have 3 to 6 months of salary in emergency funding. However, during a recession, a reserve of 9 months of salary might be required. A money market fund is an excellent investment choice for this emergency fund given its liquidity and better rates than a typical bank account. You may want to secure a line of credit before a job loss, one that won’t cost anything until it is used. Shop around as interest rates and features vary among lenders. The TFSA allows for tax-sheltered growth of investment income and tax-free redemptions. Once your cash flow has improved, you can re-contribute the redemption amounts to the TFSA since your TFSA room is regenerated in the year following the redemption by the amount of the redemption.
Taking action on debt management and wrapping all your hopes and dreams for the future into a solid plan can help you look forward with confidence. But debt is a complex concept. Not all of it is good and yet not all of it is bad. When debt is used intelligently, it can be effective in building wealth. One of the secrets to being smart with your money is to differentiate between good debt and bad debt. Most good debt produces cash flow. Mortgage debt is also good debt because it is used to purchase real estate which appreciates in value. The value of homes has been increasing over the past few years, so when you borrow to buy a home, chances are that you’ve built up equity in the home, and that’s good debt. Good debt includes interest costs that are tax-deductible, and debt that can possibly help to produce more wealth in the long run. Debt that is used to invest in a balanced investment portfolio designed for growth, can be good debt. On the other hand, bad debt is used for the purchase of disposable items that will have little value in the future or durable goods with the use of high interest credit. If your current debt and repayment burden are weighing you down, there is a solution. It’s called debt consolidation and it can help put you on the right path. Here’s how debt consolidation can work for you: Eliminate high-interest, high-cost loans by consolidating car payments, education loans, lines of credit and other high-interest debt like credit card payments into one, lower-interest loan. Debt repayment: Eliminate high-interest, non-deductible debt such as credit cards. Debt consolidation: Consider consolidating your debts under a single “umbrella” loan. Debt restructuring: Investigate whether you can re-structure your loans to make all or a portion of the interest tax deductible.
If you own a home, consider consolidating your debt through a home equity loan. You’ll pay a much lower interest rate than you do on your credit cards (which can range from 19 percent to over 28 percent for a retail card), and when you keep your amortization period the same, the lower interest rate creates additional cash flow that you can use toward other financial goals. Mortgage planning is a part of a holistic approach to creating an overall financial plan. Many business opportunities are hidden inside a client’s complete balance sheet which, of course, includes the equity in their home . When looking at the financial situation of the client, be sure you have gathered all information on their debt, including their mortgage and have considered all financing options. The mortgage should always be included when creating a financial plan for the client. Clients need adequate disposable income to meet their financial goals & objectives. They cannot achieve their goals if all their money is being used to service debt. As we will show you today, there are a number of ways that Investors Group mortgages can assist you in developing a unique financial plan suited to the clients needs.
Choisir le bon prêt et profiter du bon taux. C’est choisir l’option qui vous est la plus appropriée.
Ce qui contribuera à maximiser votre avoir net. Votre maison pourrait valoir beaucoup plus que vous ne le pensez Si la valeur de votre maison n’a pas cessé de croître, pensez à mettre cette valeur à votre service. Le Plan de diversification fondé sur la valeur domiciliaire du Groupe InvestorsMC est une stratégie de placement qui vous permet de libérer graduellement la valeur nette de votre maison et de l’utiliser pour faire des placements, grâce à un prêt investissement déductible d’impôt*. Pour vous expliquer cette stratégie plus en détail, je communiquerai avec vous sous peu et je vous remettrai notre document « Plan de diversification fondé sur la valeur domiciliaireMC – Stratégie d’accroissement du capital », qui illustre le fonctionnement de cette stratégie et ses nombreux avantages. * La stratégie présentée dans ce document promotionnel peut comporter un emprunt à des fins de placement et repose surLa stratégie présentée dans ce document promotionnel peut comporter un emprunt à des fins de placement et repose sur l’hypothèse que les frais d’intérêt sont déductibles aux fins de l’impôt sur le revenu fédéral. Le placement financé par emprunt est une stratégie à long terme qui ne convient pas à tous. Si les gains découlant des fluctuations positives de la valeur des placements sont amplifiés, les pertes découlant de leurs fluctuations négatives le sont aussi. Votre maison pourrait valoir beaucoup plus que vous ne le pensez Si la valeur de votre maison n’a pas cessé de croître, pensez à mettre cette valeur à votre service. Le Plan de diversification fondé sur la valeur domiciliaire du Groupe InvestorsMC est une stratégie de placement qui vous permet de libérer graduellement la valeur nette de votre maison et de l’utiliser pour faire des placements, grâce à un prêt investissement déductible d’impôt*. Pour vous expliquer cette stratégie plus en détail, je communiquerai avec vous sous peu et je vous remettrai notre document « Plan de diversification fondé sur la valeur domiciliaireMC – Stratégie d’accroissement du capital », qui illustre le fonctionnement de cette stratégie et ses nombreux avantages. * La stratégie présentée dans ce document promotionnel peut comporter un emprunt à des fins de placement et repose sur l’hypothèse que les frais d’intérêt sont déductibles aux fins de l’impôt sur le revenu fédéral. Le placement financé par emprunt est une stratégie à long terme qui ne convient pas à tous. Si les gains découlant des fluctuations positives de la valeur des placements sont amplifiés, les pertes découlant de leurs fluctuations négatives le sont aussi.
The TFSA allows for tax-sheltered growth of investment income and tax-free redemptions. Once your cash flow has improved, you can re-contribute the redemption amounts to the TFSA since your TFSA room is regenerated in the year following the redemption by the amount of the redemption. A TFSA is not just a savings account with cash in it that earns only 1 to 2%. A TFSA is an investment like an RRSP or non-registered account. What a confusing name – Tax-Free Savings Account. It’s definitely not your bank’s savings account. Generally, the same rules apply to the TFSA as to the RRSP when it comes to determining eligible investments. The types of investments you hold in your TFSA will depend on and be consistent with the goals and objectives of your plan and may change over time. As the TFSA is a registered investment, note that capital losses will not be applied against other capital gains if the investment does poorly. On the other hand, if the investment does very well, all of the capital gain would be sheltered. These are some of the reasons why you should consider your TFSA as an investment rather than a day-to-day savings account…. Tax advantages Growth opportunities Short or long term goals … .the TFSA is a great new plan offered to Canadians.
Vous connaissez les lois sur les impôts….un peu…beaucoup… mais vous savez surtout… comment vos finances en sont affectées. Pourquoi ne pas obtenir des conseils qui pourraient alléger votre fardeau?
On sait que personne n’y échappe à l’impôt. Ce qu’il faut comprendre à la base c’est qu’il y a trois façons de réduire la facture d’impôt… Déduire, diviser et différer. Donner trois exemples rapides… Votre santé financière dépend en partie de la manière dont vous gérer votre charge fiscale annuelle, notamment de planifier sur l’année et à court et long terme plutôt que d’attendre la période des impôts pour agir.
Voyez-y maintenant… Soyez toujours prêt… Par exemple, quand vient des temps mémorables…
Des temps mémorables… Oui, tout au long de votre vie personnelle et professionnelle… celui-ci est un exemple…
Comment épargner….Trois façons…. Vous avez de l’argent….Vous empruntez…Vous planifiez
Votre stratégie obtient-elle une bonne note ? Voici quelques exemples pour le valider……
Here’s another common question that I’m hearing – Should I invest in my RESP or my TFSA? Let’s assume that you have $5,000 a year to invest for your child’s education and you have room in your TFSA to decide between an RESP and a TFSA as a savings vehicle, which one will you choose? Note to Consultant: These amounts do not include the Alberta: ACES grant or the Quebec: QESI grant. Strategy #1: TFSA only If you contribute $5,000 to a TFSA annually for 18 years – the ending value is $172,584 – In this scenario, no Canada Education Savings Grant (CES Grant) is obtained. However, if your child chooses not to go into post secondary education there would be no penalty on the monies withdrawn –the owner of the TFSA would receive the full amount tax-free from the TFSA. Strategy #2: TFSA first, RESP second (you still maximize the CES Grant) The next bar shows us if you contribute $5,000 to a TFSA for 10 years followed by $5,000 to an RESP for 8 years – the ending value is $181,434. In this scenario, you have decided to delay the decision to utilise an RESP until you had a better idea as to whether your child will enter post secondary education – in this case, when the child reaches age 10. In this scenario the maximum $7,200 CESG is still obtained – due to the ‘catch up’ feature the CESG offers. Strategy #3: RESP first (hit lifetime maximum of $50,000), TFSA second The next bar shows a slightly different strategy. If you contribute $5,000 to your RESP for 10 years and then contribute $5,000 to a TFSA for 8 years – the ending value goes up a bit more to $184,476. Now in this strategy, the decision to save for your child's education is made earlier – at birth. Payments to the RESP stop at age 10 because that is the point where you reach the RESP maximum lifetime amount of $50,000. The main difference here is that the full CES Grant is not obtained (as you would only qualify for $5000 of the maximum potential of $7,200 grant) but the additional compounding from receiving the grant earlier results in a higher ending value. Strategy #4: Contribute to both an RESP and TFSA at the same time One more situation to consider, if you contribute $2,500 to each of a TFSA and an RESP for 18 years – the ending value is highest at $187,753. This scenario results in the full $7,200 grant being obtained and also full compounding on the grant money. However, you’ve locked more money into the RESP than is needed to obtain the full CES Grant. So, I used these amounts to easily show you the result. But, know that we have flexibility in the amounts contributed in this strategy to ensure we’re maximizing the CES Grant, not locking more money into the registered plan than you need to and still ending up with the highest final value. There are certainly a lot of choices. And, this is why it’s best to review your personal situation and determine the strategy that works best for you. Note to Consultant : Here’s the more flexible solution to Strategy #4 Contribute $2500 per year to the RESP and TFSA for the first 14 years, in year 15 contribute $1000 to the RESP to obtain the final $200 of grant and $4000 into a TFSA with the final 3 years going into a TFSA. This results in the same dollar value as strategy #4, however, it offers more flexibility on a greater portion of the money.
Il en est de même dans la planification de la retraite
That means doing the necessary to avoid the, If I have known… I would have….
Here is everyone’s dream. You work, use your discretionary income to build net worth - and at your chosen retirement date you have a targeted net worth. From there, your net worth can go up, stay the same or go down - all depending on your lifestyle and estate goals.
Trois éléments pour planifier votre retraite : Déterminez vos objectifs…. Créer votre paye… Maximiser votre paye de retraite… Déterminez vos objectifs de retraite Prenez un instantané de votre situation actuelle Déterminez vos objectifs de retraite / trouvez les lacunes Mesurez le risque Créez votre paye de retraite MC Comprenez les sources de revenu Calculez vos besoins de revenu à la retraite Regroupez vos différentes sources de revenus pour en faire une source de revenu unique Maximisez votre paye de retraite MC Profitez de stratégies d’épargne fiscale supplémentaires Envisagez des stratégies de protection de l’actif
Parmi les outils à votre portée pour tracer le bon itinéraire…
It is important to ensure the funds are invested into a diversified portfolio that maximizes returns based on the amount of risk that you are comfortable with. This can be accomplished by diversifying by asset class, investment style, geography, market capitalization and by having a long-term investment horizon. We work together to make this happen and to make sure the benefits of Home Equity Diversification are maximized. After determining your risk profile, we will create a diversified portfolio specifically for you. As the chart illustrates, the more variability you are able to tolerate in the overall value of your investments, the greater return you can expect. It’s important that we find just the right balance to meet your needs.
One of the best ways to ensure that you make your savings contribution each month is to set up a PAC. This way the money will be taken out of your account automatically each month. While you can always stops a PAC if you need to in an emergency, have the pre-authorized contributions set up make it more likely that the money will be saved. If you feel like there is no money in your budget that you can commit to savings, you should careful review where you spend your money. Maybe there are little things that you can economize on that will add up…without it feeling like a hardship. Look for ways to reduce the amount of tax you pay. The most common way is to maximize your RSP contributions. That will save you tax today, as well as the benefit of tax sheltered growth of your investments. Finally, by making regular contributions, you get the benefit of dollar cost averaging. [The dollar cost average concept can be used in conjunction with this presentation]
Nous avons les ressources….
La puissance des régimes collectifs Lorsqu’une organisation et ses employés travaillent ensemble, la somme dépasse largement ses parties. Les régimes collectifs (assurance collective, REER collectif, CELI collectif) sont avantageux pour une société et ses employés. Une entreprise qui offre un ensemble d’avantages sociaux souples et polyvalents devient plus attrayante puisqu’elle permet d’attirer et de garder des employés compétents. Et lorsque vous choisissez des régimes collectifs du Groupe Investors, vous pouvez également être assuré d’obtenir une gamme complète de services de planification conçus pour vous aider tout au long du parcours.
As the title of the slide says - it’s not what you earn - it’s what you keep. Your ability to create net worth for your future depends on your ability to create discretionary income. Discretionary income is the difference between your income and your fixed expenses such as your mortgage, utilities, taxes, and daily living expenses. It’s what people DO with their discretionary income that impacts their overall net worth - now and in the future. So, what do people use discretionary income for? Spending (Immediate Gratification) Lifestyle - entertainment, hobbies, 2nd vehicles, vacations Toys - motor homes, boats Saving (Short and/or Long Term Goals) Home Purchase Child’s Education Business Start-Up Retirement Les économies de toute une vie doivent être protégées
With respect to your financial future and your ability to create sustainable net worth, you have several risks of life, a few include: dying too soon becoming disabled living too long without adequate funds. All three can impact you and your dependant’s current and future financial stability, hopes and dreams.
Mais, pour le tiers des gens, le rêve ne se réalise pas. Dans la réalité, le tiers des gens doivent utiliser leurs économies (un des principaux moyens d’accroître leur valeur nette) pour subvenir à leurs besoins en cas d’invalidité, de maladie grave ou pour aider leurs parents âgés. Comme Joe Bowie, président et chef de la direction de Retirement Investment Advisors Inc. l’a indiqué dans l’article « Cracks in the Nest Egg » (publié dans le Wall Street Journal en octobre 2001) : « Les gens ne tiennent pas compte des menaces non liées au marché – des soins de santé, des soins de longue durée – des « événements catastrophiques » qui peuvent avoir un effet tout aussi négatif, sinon plus, sur leurs économies de retraite que la volatilité du marché. »
Entreprise – Risque le plus élevé, rendement éventuel le plus élevé Placements courants hors entreprise – Rendement éventuel moins élevé [autrement, mieux vaudrait liquider l’entreprise et investir tout l’actif dans de tels placements] – Aucune possibilité de protection contre les créanciers; donc, risque = risque d’entreprise Fonds distincts – Risque moins élevé [possibilité de protection contre les créanciers], rendement moins élevé
Convention de rachat d’actions Maladie Grave pour corporation Bon patrimonial Rente assurée
Convention de rachat d’actions, Maladie Grave pour corporation, Bon patrimonial, Rente assurée Potential Financial Risk Events Accessing Funds for Business Opportunity Bankruptcy of Business Owners Employee Attraction & Retention Death or Critical Illness of Key Employee Disability of Business Owner Short, Long, Permanent Death: Disposition of Owner’s Business Interest Liquidation Bequeathed to and continued by Spouse Bequeathed to an continued by Child(ren) Buy-out by Child(ren) or Shareholder or Employee Retirement of Business Owner
Defining your legacy is a significant, selfless act. It doesn’t matter whether you’re leaving a lot or a little. What does matter is that your legacy lives on exactly as you wish it to – and that takes considerable thought, careful consideration and an estate or legacy plan.
L’importance de la planification successorale….Pour vraiment laisser l’empreinte qui vous tient à cœur…. - Seul un testament peut assurer le respect de vos volontés… - Avec un mandat d’inaptitude, vous décidez de qui sera votre personne de confiance…. - Saviez-vous que 30 secondes avant votre décès, tous vos biens sont considérés disposés ?
Pour ce qui vous tient à cœur…votre famille, votre communauté, une cause…
Possible personal goals and concerns: protect retirement income needs; complement tax plan during lifetime; and result in tax efficient transfer of assets to heirs/beneficiaries Not a one-time task - needs to be reviewed/revised as your situation and laws change. Good financial advisor will meet with you regularly so you can discuss when you may need to update your estate plan.
Votre empreinte se matérialise également par les dons
Your Third Age philanthropy may extend beyond volunteering – perhaps to helping the causes you care about by supporting them with charitable gifts. There are many different reasons why people choose to make legacy gifts. For some it’s a way to ensure their memory lives on or to help their favourite charity continue it’s important work; for other’s it’s a way to facilitate the transfer of their estate to surviving relatives while controlling taxes. Your legacy can be left as a planned gift that provides significant benefits to your estate and heirs while making a much appreciated donation to the charitable organization of your choice. Planning your gift now enables you to match your philanthropic goals with your personal financial goals and providing for your heirs. When done properly, a planned gift benefits both the donor and the charitable organization. The following are various methods of planned giving (go through bullet points). Let’s take a look at each method
Your own personal account within the Investors Group Charitable Giving Program and similar types of charitable gift planning strategies offer more control and flexibility than conventional methods of giving and it can be by far one of the most rewarding. So why is this a smarter way to give? The Investors Group Charitable Giving Program is designed to help individuals effectively reach their immediate and long-term charitable giving goals, by integrating strategies directly into an existing financial plan. Think of it as creating your own private foundation, but without the tedious administrative responsibilities or the high upfront costs. As mentioned, the program has many similarities to a private foundation, in that you can name your account and personally recommend grants to desired charitable organizations on an annual basis. The Investors Group Charitable Giving Program allows you to give now and in the future, therefore ensuring that you can extend your support for organizations well beyond your years. It is a simple, tax-favoured investment vehicle that facilitates giving and establishes a framework for your philanthropic goals. The program is an account established within a Canadian registered charity – usually a public foundation. As a donor, you will receive an immediate tax receipt for all contributions made to the foundation and you also retain the right to advise the charity on how the account’s income (usually called grants) is to be allocated each year. Now that I’ve painted a picture for you illustrating what the Investors Group Charitable Giving Program is, lets take a look at the five easy steps involved in setting up your account…
Le Programme philanthropique Groupe Investors vous permet de donner maintenant et dans l’avenir, afin que vous puissiez aider des organismes de bienfaisance longtemps après votre départ. C’est un véhicule de placement simple et fiscalement avantageux qui facilite les dons de bienfaisance et établit un cadre pour vos objectifs philanthropiques. Le Programme philanthropique Groupe Investors est conçu pour aider les gens à atteindre leurs objectifs philanthropiques à court et à long terme en intégrant directement des stratégies à un plan financier existant. C’est comme si vous mettiez sur pied votre propre fondation privée, mais sans le fardeau administratif ni les coûts initiaux élevés. Ce programme a beaucoup en commun avec les fondations privées, dans le sens où vous pouvez donner un nom à votre compte et recommander le versement de subventions annuelles à des organismes de bienfaisance de votre choix. Il s’agit d’un compte établi auprès d’un organisme de bienfaisance enregistré canadien, le plus souvent une fondation publique. En tant que donateur, vous recevrez immédiatement un reçu d’impôt pour les dons que vous ferez à la fondation, tout en conservant le droit d’informer l’organisme de bienfaisance de la façon dont le revenu du compte (ou les subventions) doit être dépensé chaque année.
Ce voyage est continu parce que vos rêves, vos objectifs et vos préoccupations le sont. Nous avons la force, la stabilité , l’expérience et la valeur ajoutée pour maintenir le cap sur toutes les destinations. Je serez votre guide accompagnateur avec les qualités du compagnon de voyage idéal. Pensez à ce que serait pour vous un compagnon de voyage idéal….