They emphasize that financial planning is not just for the wealthy but is essential for everyone, regardless of their financial situation. Drawing parallels to medical care, they explain how a financial plan serves as a personalized roadmap for achieving financial goals and ensuring future security.
The discussion underscores the importance of financial education, proactive planning, and efficient wealth management at every stage of life. Mike and Gord underline the need for clients to regularly review and update their financial plans with their financial advisor to adapt to changing circumstances and goals and ensure long-term financial well-being.
Do I really need a financial plan?
Recorded on March 5, 2024
Gord Hardie, CFP®, CIM (retired)
Gord, now retired, was our former Vice President, Financial Planning at TriCert Private Wealth, a division of TriCert Investment Counsel.
