You are about 40 – 54 years old. You have the highest income, but fall into the highest tax bracket. You are favorable to banks, but often have the most debt. Your focus begins to shift from wealth accumulation to preservation. A time in your life when you are susceptible to emotional investing and are the most nervous. Especially in today’s economy.
These are the prime earning years. The most crucial stage in one’s pursuit of efficient wealth. But also a stage of declining confidence in one’s financial goals. Consider 74% of working Canadians over 45 are concerned about maintaining a reasonable standard of living for the rest of their lives. It is time to get serious about what you want from your wealth.
We can help in your pursuit of efficient wealth.
A wealth sounding is a measurement of the conditions and aspirations of your life, your work and your wealth. Your wealth sounding is the beginning of a comprehensive process that involves discovery through thought provoking questions about your objectives and pursuits. Your sounding considers inevitable changes in the markets, legislation, and most importantly your life. The sounding process challenges conventional wisdom and develops personal strategies for you to achieve your goals. Lastly, the sounding creates a roadmap and ensures accountability towards diligent execution of the plan.
Although a wealth sounding is a powerful and beneficial process, it’s not for everyone. Not because everyone doesn’t deserve the opportunity of the pursuit of efficient wealth, they do. It’s not for everyone because it’s a larger commitment than most people want to make. It takes time to build a more efficient plan that’s geared towards helping create sustainable, long-term success. Unfortunately, most people are conditioned to focus on short term gains or avoiding short term losses. We work with people who see that the only way to achieve sustainable success is to follow a comprehensive, disciplined approach with long term goals. And that process starts with a wealth sounding.