Personal Financial Planning
The starting point – getting to know you
By conducting a comprehensive Financial Analysis with you, we are able to develop a clear picture of your current financial circumstances and through combining the outcomes of your Financial Analysis with your individual needs and goals, we’re able to design an accurate financial plan that will ensure both your short term and long term financial well-being.
Maintaining an open, upfront relationship
We prefer to be 'in it with our clients for the long haul' and so our approach is highly personalised. We place great importance on openness and honesty with each of our clients which means that we’re proactive when it comes to suggesting changes to your financial plan, while we welcome uninhibited communications from each of our clients.
Were it not for this level of familiarity, we would not have been able to achieve the successes that we have for our clients. We aim to understand precisely who you are as a person and stay abreast of your changing needs as your life moves forward.
Your Financial Analysis – some considerations
Here are some typical considerations that we incorporate into your personal financial management plan.
At some point in life, we must retire and enjoy the fruits of our labour. One of the most important long terms goals in any financial plan, is an accurate, realistic retirement plan. Modern life expectancies are increasing, making it imperative to plan for sufficient funds to support your lifestyle throughout your retirement.
In the event that the unforeseen should happen to our own life, we often need to ensure that we have made provision to protect the lifestyle of those who are financially reliant upon us. Life insurance is a solid means to provide financial assistance to your family in the event of your death.
By reviewing your financial circumstances, we can determine what level of cover is needed. For instance, if you owe money on a bond, you may wish that this is settled on your passing to prevent undue stress on your spouse or family. By formulating a solid financial plan, we will look at all eventualities so that you can have the appropriate cover in place for complete peace of mind.
Should you become disabled and require ongoing medical care, or are no longer in a position to work, we will need to consider how you and your family’s lifestyle would have to change. By prudent planning you can safeguard your needs and that of your family by ensuring that you sustain your income, while making provision for nursing, medical care and accessibility requirements.
Ongoing Review of your Financial Plan
Your financial plan should at all times reflect you as an individual. Despite our best intentions, life can take unexpected and very often, exciting twists and turns. Our needs mature and change over time, as do those of our family. As a result, we at Ginsberg Financial Brokerage review your financial plan in conjunction with you every year. This helps us to not only adjust your financial plan where needed, but also helps you to remain focused on your long term goals.
Ginsberg Financial Brokerage. Helping individuals and businesses prosper since 1991.
An Authorized Financial Services Provider | FSP No. 3991 | We are FICA and FAIS compliant