Robin Powell’s Post

A financial planning expert shares tips that will help you stay rich. Amassing wealth is the first step in securing prosperity for yourself, your family and your heirs. That’s the hard part, which you’ve already conquered. Now you have to safeguard everything you’ve spent all that time building. https://lnkd.in/eUe2fUZz https://lnkd.in/ehkfnhmh #WealthBuilding #RealEstate #Investing #HousingMarket #RealEstateInvestor #RealEstateInvesting #RealEstate #PropertyInvesting

The True Cost of Procrastination in Financial Planning One of the most common and costly mistakes I see is procrastination when it comes to addressing financial and wealth transfer strategies. Too often, people delay taking action until the situation has worsened—sometimes by tens of thousands of dollars. During a recent discussion, I shared key insights on the importance of tackling financial planning proactively. Here’s a summary: ► Key Points to Consider: 1. The Hidden Costs of Inaction ● Waiting too long to act can lead to significant losses. ● For example, I recently worked with a client who delayed reaching out until he had lost $80,000 in his bank investments. By then, it was a matter of damage control rather than planning for growth. 2. Taxes and Wealth Transfer ● Probate fees and delays can consume a significant portion of your estate. With assets like segregated funds, you can eliminate these fees and ensure a seamless transfer to your beneficiaries. ● For large estates, tax liabilities can create additional financial strain on beneficiaries if not addressed properly. 3. How I Help Clients ● I start with a blank slate, taking a comprehensive look at assets, liabilities, and personal circumstances (e.g., marital status, homeownership, etc.). ● My goal is to create a tailored financial strategy that aligns with your retirement and wealth transfer goals. 4. Why You Shouldn’t Wait ● Financial planning consultations don’t cost anything but your time. ● Taking the first step to sit down and discuss your financial picture can save you from costly mistakes and set you on a path to long-term security. ► Take Action Today If you’ve been putting off financial planning or have questions about wealth transfer, now is the time to act. Download our free guide on effective wealth transfer strategies to get started. Let’s eliminate procrastination and secure your financial future. If you want to learn more about this topic then you can download this FREE guide : https://lnkd.in/g_Mt-fst #FinancialPlanning #WealthManagement #EstatePlanning

The True Cost of Procrastination in Financial Planning One of the most common and costly mistakes I see is procrastination when it comes to addressing financial and wealth transfer strategies. Too often, people delay taking action until the situation has worsened—sometimes by tens of thousands of dollars. During a recent discussion, I shared key insights on the importance of tackling financial planning proactively. Here’s a summary: ► Key Points to Consider: 1. The Hidden Costs of Inaction ● Waiting too long to act can lead to significant losses. ● For example, I recently worked with a client who delayed reaching out until he had lost $80,000 in his bank investments. By then, it was a matter of damage control rather than planning for growth. 2. Taxes and Wealth Transfer ● Probate fees and delays can consume a significant portion of your estate. With assets like segregated funds, you can eliminate these fees and ensure a seamless transfer to your beneficiaries. ● For large estates, tax liabilities can create additional financial strain on beneficiaries if not addressed properly. 3. How I Help Clients ● I start with a blank slate, taking a comprehensive look at assets, liabilities, and personal circumstances (e.g., marital status, homeownership, etc.). ● My goal is to create a tailored financial strategy that aligns with your retirement and wealth transfer goals. 4. Why You Shouldn’t Wait ● Financial planning consultations don’t cost anything but your time. ● Taking the first step to sit down and discuss your financial picture can save you from costly mistakes and set you on a path to long-term security. ► Take Action Today If you’ve been putting off financial planning or have questions about wealth transfer, now is the time to act. Download our free guide on effective wealth transfer strategies to get started. Let’s eliminate procrastination and secure your financial future. If you want to learn more about this topic then you can download this FREE guide : https://lnkd.in/g_Mt-fst #FinancialPlanning #WealthManagement #EstatePlanning

We're excited to share a new article published in The Globe and Mail, "The Balancing Act: Building Wealth While Enjoying Today." In this piece, we explore how working with an advisor can help you not only define your financial objectives, but also create a road map to help achieve them. Read the full article here: https://ow.ly/QOgC50TUnZc

The True Cost of Procrastination in Financial Planning One of the most common and costly mistakes I see is procrastination when it comes to addressing financial and wealth transfer strategies. Too often, people delay taking action until the situation has worsened—sometimes by tens of thousands of dollars. During a recent discussion, I shared key insights on the importance of tackling financial planning proactively. Here’s a summary: ► Key Points to Consider: 1. The Hidden Costs of Inaction ● Waiting too long to act can lead to significant losses. ● For example, I recently worked with a client who delayed reaching out until he had lost $80,000 in his bank investments. By then, it was a matter of damage control rather than planning for growth. 2. Taxes and Wealth Transfer ● Probate fees and delays can consume a significant portion of your estate. With assets like segregated funds, you can eliminate these fees and ensure a seamless transfer to your beneficiaries. ● For large estates, tax liabilities can create additional financial strain on beneficiaries if not addressed properly. 3. How I Help Clients ● I start with a blank slate, taking a comprehensive look at assets, liabilities, and personal circumstances (e.g., marital status, homeownership, etc.). ● My goal is to create a tailored financial strategy that aligns with your retirement and wealth transfer goals. 4. Why You Shouldn’t Wait ● Financial planning consultations don’t cost anything but your time. ● Taking the first step to sit down and discuss your financial picture can save you from costly mistakes and set you on a path to long-term security. ► Take Action Today If you’ve been putting off financial planning or have questions about wealth transfer, now is the time to act. Download our free guide on effective wealth transfer strategies to get started. Let’s eliminate procrastination and secure your financial future. If you want to learn more about this topic then you can download this FREE guide : https://lnkd.in/g_Mt-fst #FinancialPlanning #WealthManagement #EstatePlanning

It’s #FindAnAdvisorFriday! This week we are featuring Jason DeJean CFP®, PFP®, CIM®, FCSI®, EPC®, CPCA® at The Wealthbuilding Group – Harbourfront Wealth Management in #burlington. Find out more about his services in The MoneySense Find a Qualified Advisor Tool (tap below). #itpaystoknow #planning #investmentplanning #financialgoals #financialplanning #wealthmanagement #retirementplanning

A financial planner’s new book eschews mention of financial jargon and fancy investment techniques in order to get to the root of people’s relationship with money. It adds up to “a book of permissions to boldly take hold of your life and money aspirations without shame or judgment or justification,” said Dr. Preston D. Cherry, AFC®, CFT™, CFP® Cherry of Concurrent Financial Planning. #wealthmanagement #investing #financialplanning

Long-Term Financial Goals for Building Wealth https://buff.ly/46iy69q - This is a good article about setting long term goals. One item I would have added is the value of professional advice in helping you set goals and being held accountable to achieve them.

Long-Term Financial Goals for Building Wealth https://buff.ly/46iy69q - This is a good article about setting long term goals. One item I would have added is the value of professional advice in helping you set goals and being held accountable to achieve them.

Here’s why everyone – no matter your assets, income or cash flow – needs a wealth plan. Discover eight major benefits that come with wealth planning at bit.ly/4fp8N9z.