新媒网 · 跨境数据社区

When is the Best Time to Start Financial Planning ? The ideal time for financial planning is 5–10 years before retirement—around ages 55–60. Here’s why: 1. Assess All Available Resources: By this stage, you’ve accumulated savings, pensions, RRSPs, TFSAs, and can estimate CPP and OAS benefits. This is the perfect time to strategize how to use these resources effectively. 2. Adjust and See Results: With a few years to retirement, you can implement and monitor changes to your portfolio, savings, cash flow, and lifestyle. 3. Revisit Estate Plans: With children grown and independent, it’s the right time to update your estate plans to reflect their needs and yours. How often should you meet with your financial advisor? Every 4–6 months is just right, ensuring you stay on track while accommodating life’s changes. Studies show individuals working with a financial advisor have 30% more wealth than those without one. Ready to Plan Your Future? 👉 First consultation free: https://calendly.com/tim-chuang/radiantlifeinsurance 👉 Learn more: https://radiantlifefinancial.ca/financial-planning/ 👉 Apply now: https://form.jotform.com/243417973201252 Take control of your financial future—start today!