If you are interested in exploring any of these topics further, give us a call and we'll put you in touch with this expert community of financial planning professionals that spans the country and all the financial services sectors. We're quite sure we can find just the right planner, perhaps in your community, to help your readers/viewers/listeners manage their personal financial affairs.
To arrange an interview with a CFP professional or FPSC spokesperson, contact: Eileen Chadnick/Chadnick Communications for FPSC at 416.631.7437 or eileen@chadnick.com or Heather Mills/FPSC at 416.593.8587 ext 235.
Green, green, green - how green is your financial plan? With the environment now a top-of-mind issue for a growing number of Canadians, it might be time to think about…. a green financial plan? It is possible according to some of the CFP professionals in Canada who are helping their clients make more environmentally-focused and responsible financial planning decisions. From social responsible investing to charitable giving and much more (solar-heated home anyone?), there are ways to ensure the well-being of our planet as you take care of your own financial well-being. Let us put you in touch with CFP professionals who have made the environment an area of focus in their financial planning practices.
Higher dollar and rising interest rates.A lot is changing in the economic landscape. Financial planners will advise that with significant change - either economic or a life event - comes the opportunity to review your financial plan. Whether you have mortgage decisions, investment considerations or other areas possibly impacted by the change in rates and dollar, a CFP professional can advise on how to stay on track to meet your financial goals. Care to talk to a CFP professional about what the rising dollar and interest rates might mean for Canadians?
Executor confusion. A recent survey conducted by BMO indicates Canadians are not clear on the role of an executor. Seeking a professional with an estate planning background may help alleviate the stress and uncertainty associated with being an executor. Did you know that estate planning is one of the key financial planning components that a CFP professional must demonstrate professional competency in to earn and keep their designation? Care to explore a story on the role of an executor? We have folks who can help.
They are doing it so young these days….retirement planning at 30? According to a recent survey published in Benefits Canada Magazine, young adults (30-somethings) have retirement on their minds and are already actively planning for it. Some Canadians are starting to think of retirement at an even younger age. In a recent FPSC "Speaking of Money" seminar delivered by a CFP professional at a university, young adults were showing surprising levels of interest in retirement planning issues. Care to explore how this generation's retirement planning might fit into the bigger picture of their life stage goals -- e.g. retirement - how to balance with it paying off student debt, buying a first house, a car, traveling, getting married, etc.?
Got a 'what if' or 'how' question? Give us a call and we'll find someone who can offer some perspective.
Love cottage life? Thinking of buying one this summer? The sweet smells and sounds of country living - so tempting this time of the year to take the plunge and buy that stunning little cottage on the lake. Well, make sure your emotions don't take over the entire buying decision. There's more to think about from a financial planning perspective. Can you afford it and how will it impact other financial goals? Then there's the mortgage decisions, insurance, estate planning and tax considerations. What about renting out? Got a cottage question to ask a financial planner? We can help!
Financial Planning for divorce. Divorce is one of those life events no one really plans for but sadly, one in three marriages in Canada fail. Divorce brings a host of emotions and unfortunately for some, financial complexity. Financial planning for divorce requires professional skill, compassion and expertise. A growing number of CFP professionals are specializing in this area. Care to talk to some of those planners who can offer insight and experience in this area of financial planning?
Are you forever to be the Bank of Mom and Dad? It's never too early to learn about financial planning? Teach your kids….
As Canadians catch on to the value of financial planning, more are making it a family affair and teaching their children a few tips early in life. Care for some guidance and tips from CFP professionals on how get started and learn some age-appropriate and life-long valuable lessons in managing finances?
Have you addressed the 'what if' question in your financial plan?
What if you lose your job? What if you or your spouse becomes ill or disabled and can't work and afford the mortgage? Protecting yourself against these potential risks is an equally important part of financial planning as is saving for your dreams and goals. Care to learn about the strategies that CFP professionals are advising their clients? Learn about the distinctions between disability insurance, mortgage protection, critical illness coverage and others.
Going to university can be costly - are you (or your kids) prepared?
Tuition, books, room and board (if studying away from home), entertainment, phone bills - and a whole bunch more. Going to university can sure cost a lot and for many students, pile on the debt! Care to tap into some of the do's and don't tips that can help students adopt good financial habits early that will stead them well as they earn their education and will put them on more solid footing for their future?
Plan to work longer? Ease into retirement with a second part-time career?
With mandatory retirement being phased out in many provinces and a growing rank of entrepreneurs writing their own career ticket, an increasing number of Canadians are shunning traditional retirement. They are working longer, launching new careers or consulting part-time. What are CFP professionals advising their clients as life goals shift to meet the new retirement landscape?
Speaking of Windfalls….
These days, lotteries are getting bigger and splashier. Win a thousand dollars a week or take a lump sum! Win a dream home or take the cash! Smart winners are consulting financial planners before making those big decisions. Whether it's a lottery, inheritance or other windfall, find out what factors to consider before making those decisions.
Goals, goals, goals! Life coaches aren't the only ones getting their clients to consider their life goals.
CFP professionals, too, engage their clients in conversations about life: what's important to you? How do you want to live? What's non-negotiable? What is your passion? Your dream? Care to explore a story on how life planning and financial planning go hand-in-hand?
You mean financial planning and investing aren't the same thing? Explain!
Canadians hold many misconceptions about what financial planning is and isn't. Check out the top 10 Financial Planning Misconceptions/release and let us help you demystify your readers on a variety of financial planning topics.
To arrange an interview with a CFP professional or FPSC spokesperson, contact: Eileen Chadnick/Chadnick Communications for FPSC at 416.631.7437 or eileen@chadnick.com; Heather Mills/FPSC at 416.593.8587 ext 235 or hmills@fpsccanada.org.
CFP®, CERTIFIED FINANCIAL PLANNER® and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. (FPSB). Financial Planners Standards Council is the marks licensing authority for the CFP marks in Canada, through agreement with FPSB.
are certification marks