Working With You

A strong planning process is the best way to create a more financially secure plan. As a firm, our focus is to understand your goals and develop a plan to reach them.

Financial security planning is about more than planning for retirement or protecting yourself against risk – it is about making dreams come true.

We are focused on helping you achieve freedom and choice at all stages of life. To do this, we use Freedom 55 Financial’s planning process, which is based on the four cornerstones of financial security. It is a process designed to help you:

  • Better understand what financial security means to you by reviewing your current situation and defining goals
  • Identify and discuss any roadblocks to achieving your goals and analyse your situation
  • Identify any gaps and build a plan to help you achieve your short- and long-term goals and dreams
  • Review and monitor your financial security plan regularly to help ensure it continues to meet your changing needs

Life Stages

Your needs as an individual or business owner shift depending on your stage of life. We’ll consider the following when developing your financial security:

Early Career

  • Your most valuable asset is your ability to earn an income. Choosing the right combination of life and disability insurance products can help protect this income.
  • If you have a mortgage or other large loan, term life insurance, disability insurance or critical illness insurance offers cost-effective ways to cover outstanding debt if you die, become disabled or suffer critical illness.
  • If your employer doesn’t offer a group benefits plan, investing in additional health and dental insurance coverage may be one option to provide you with this protection.


    • Once you have children, your needs change – it’s a good time to review your financial security plan.
    • Plan for your children’s future through registered education saving plans (RESPs) and a low-cost life insurance policy they can build on later.

      Business Owner

      • If you own your own business, insurance can help cover outstanding business loans or mortgages if you die or suffer from critical illness.
      • A health and dental insurance plan may be tax-deductible as a business expense.
      • People are a key resource for your business, and so we offer a variety of group insurance options.


        • If you’re aged 50 or older, chances are you’ve either already retired or are thinking of retiring. Insurance can help supplement your retirement income, and help you leave a tax-free legacy.
        • If your benefits end when you retire, we offer additional health and dental insurance coverage.

        The Four Cornerstones of Financial Security Planning

        A sound financial security plan should protect you against uncontrollable events such as disabilities or death, while helping you plan for controllable events such as buying a new home and retiring comfortably. To do this, Freedom 55 Financial’s planning process is based on four cornerstones of financial security planning:

        1) Financial Security at Death

        All financial security plans start here because death is inevitable and an uncontrollable event. As part of the financial security planning process, we’ll discuss:

        • How much income will your family need if you die?
        • How will inflation affect this income?
        • How to preserve your estate for your family when you die

        2) Retirement

        When we discuss retirement planning, we consider:

        • What kind of lifestyle do you see for yourself in retirement?
        • How much money will you need to retire comfortably?
        • What impact will inflation have on your income?
        • Would you like to have the freedom to slow down or retire early?

        Time and planning are two factors that influence whether or not you accomplish your retirement goals. Therefore, you must work towards your retirement goals over time.

        3) Liquidity

        Liquidity is your ability to access cash or assets that are easily convertible to cash. Liquidity can be a short term savings option that can regenerate over time and need your constant hard work.

        4) Disability and Critical Illness

        Mitigating your risk against uncontrollable events such as disability or critical illness is key to your financial security. When building your financial security plan, we’ll consider:

        • Will your income be reduced in the event of disability or critical illness?
        • If your income is reduced, will it be difficult for you to maintain your lifestyle and retirement savings?
        • How much disability or critical illness insurance coverage is enough?
        • What impact will inflation have on your income if you’re unable to work for a long time?
        • Do you know if your group benefits provide a provision to allow you to continue your retirement savings if you become disabled or suffer a critical condition or illness?

        Arrange to meet with us today* to find out more about these four cornerstones and how they can be part of your financial security plan.

        building bridges to financial freedom