The following is a generic North American profile.
Where does our need for income arise at each age?
[What is our source?]
Ages 5 - 13 - expense allowance
- [parents - part time jobs]
Ages 13 - 22 - funding post secondary education
- [summer/part time jobs]
Ages 22 - 60 - marriage - family formation
- [personal employment income]
Ages 60 - 95 - retirement income
- [savings - pension plans - inheritances]
Ages 60 - 95 - Quality of Lifestyle breakdown -
- Ages 22 - 75 - independent living
- Ages 75 - 85 - retirement home
- Ages 85 - 95 - longterm care / nursing home
At every age throughout our life we require personal and financial health to maintain our personal and social dignity.
These 2 needs are non negotiable lifetime requirements.
Achieving both is our challenge.
On a professional level identify financial advisors in whose professional practice you have confidence, compatibility and trust.
Exercise discipline in your choice.
For specific steps on choosing an advisor visit:
http://www.firstfinancialconsultinggroup.com
Click on 'proceed to site'.
Click on the 'Choose an advisor' tab at the top.
If you need any guidance contact me directly at:
T: 416-726-2427
I'll be pleased to help.
Dan Zwicker.
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