A plan built around a goal and a date
Wealth building starts with the amount you need and when you need it. Tim builds the savings and investment plan around that.
Photo: Chris Woodrich, CC BY-SA 4.0
The problem
When the goal is clear but the path is not
Most people know what they are working toward: retiring at a certain age, paying for a child’s education, or stepping back from a business. What is often missing is the number, the date, and a plan that connects this year’s decisions to that goal.
What the plan covers
What a wealth-building plan includes
The goal
The amount and the date, written down and agreed.
Saving
How much to set aside, and which accounts to use first, such as RRSPs, TFSAs and RESPs.
Investing
A portfolio matched to the timeline of each goal.
Business owners
How the value in your business fits into your personal plan, and what stepping back could look like.
Checkpoints
Regular reviews to see where you stand against the goal, and changes when something moves.
How it works
How the plan comes together
Wealth building follows the same seven steps as every plan Tim builds, starting with your goals and working back to what needs to happen each year.
See the seven-step processWho it is for
Families and business owners
Families saving toward specific goals, and business owners whose wealth is tied up in the business they run.
We had accounts in three places and no idea how they fit together. Tim put it all into one plan and walked us through every piece of it.
Sample quote shown. Client quotes to follow.
Questions
Common questions about wealth building
How is this different from financial planning?
Financial planning covers your whole situation. Wealth building focuses on one or two specific goals, the amount and the date, and the savings and investment plan built around them.
Can you help with saving for my children’s education?
[TO COME FROM TIM]
I own a business. Can you help me plan for selling it or stepping back?
[TO COME FROM TIM]
Is there a minimum amount I need to have invested?
[TO COME FROM TIM]
From Insights
Book an introductory meeting
What happens in the first meeting
An introductory meeting takes about 30 minutes. You leave with a clear view of your current position, what a plan would look like, and whether working together makes sense. There is no cost and no obligation either way.