From a study conducted by the Financial Planning Standards Council, only 32% of Canadian have any type of financial plan, comprehensive or limited. Yet Canadians who engage in comprehensive financial planning report significantly higher levels of financial and emotional well-being than those who do no planning or limited planning. Further to this piece of mind, it has been found that having a plan that is followed and updated by an advisor can add 1-2.5% to your rate of return annually.
Having a plan matters! While 1-2.5% may not seem like much, that compounded over time adds up to a lot of money! And what's even better, unlike the markets, having and following a plan can be controlled.
As they say, failing to plan is planning to fail. Contact us today to help you create a complimentary plan.