Investment and Retirement Planning are an integral part of over-all Financial Planning. Since these plans are as unique as each individual, we recommend that you meet with one of our financial professionals to review your portfolio and tailor a plan that best suits your style.

Here are a few tips to assist you in achieving your financial goals:

  • Develop and write a financial plan with your representative and try your best to follow it
  • Define your short, medium and long term goals
  • Create a monthly budget, watch your cash flow and know where you are at with your net worth
  • Pay yourself first by utilizing a monthly systematic investment plan
  • Know your risk profile before investing so that your investment fits your own needs and tolerance
  • Set investment return goals and periodically review with your representative the performance of your portfolio and the investment managers
  • Contribute to RRSP's and RESP's to maximize your tax deductions and to receive your government grants
  • Receive an analysis on whether you should purchase RRSP's vs. paying down your mortgage
  • Set up an emergency fund of at least 3 months income
  • Be sure to have adequate life, disability and critical illness insurance as well as a current will
  • Consider drafting a power of attorney
  • Interview a few financial professionals before committing your future to one

Contact the financial experts at Macnaughton & Ward Financial Services for a no obligation consultation of your financial affairs