Watching your children as they mature into responsible young adults is your reward for a job well done. Raising young children is hard work and you hoped that life was going to be easier once your children were older and more independent. Now you know better. You understand that while their needs change, things do not get easier, they just change. Life is different now, and different has a big price tag attached.
You have progressed in your career and both your pay cheque and bank accounts are larger and so are your responsibilities. You find yourself in the unenviable position of trying to balance current financial needs of the family with saving for retirement as well as your children's university education. You are regularly faced with big decisions like should I use my tax refund to pay down the mortgage or go on a nice vacation? Or Should I use my company bonus to buy my child a safe car to free you up from driving them to their activities or invest in retirement account?
To make life even more complicated, you may find yourself facing a future that includes caring for your aging parents. It is a lot to think about.
Know you are not alone.
With finite family financial resources, it is important to fully understand the impact of financial decisions made today will have on your life in the long-term. How will an expensive hobby or paying for 4 years of university impact your income in retirement? Before you cut the cheque to pay for it wouldn't you like to know?
Parents often put children first. While we don't disagree that these things are important, we feel that these decisions should be made with clarity around how large immediate expenses will impact your future quality of life. As your Trusted Advisor, we will be there with you every step of the way to ensure you financial situation is monitored and well taken care of, so that you can focus on what matters most, your family.