What is The Successful Wealth Approach?

The Successful Wealth Approach is especially designed to help you to develop creative strategies to achieve your lifetime financial goals. My step-by-step process helps you develop a wealth management plan to successfully achieve your unique goals.

"I think the Successful Wealth Approach is unique because we start by helping you develop your Successful Wealth Vision."

For example, you have a vision of what your retirement might be like, or for your business or looking after your family after you die; or a vision, which combines all of these things. The process helps you develop this kind of strong, clear and personal vision, and then develop strategies and an action plan to achieve them.

The emphasis on your Successful Wealth Vision is what make the process so powerful and different. Most financial services companies simply offer your financial products such as stocks, mutual funds and insurance.

They don't help you figure out why you want to grow your assets or increase your investment income. And we have learned that people with a strong Successful Wealth Vision, usually achieve much greater financial success in their life and to me that is what is most important.

The Successful Wealth Approach has 8 distinct steps. Participants in the Successful Wealth Program work through each of these steps during regular Wealth & Action Sessions with me.

To start participating in the Successful Wealth Approach, you can become a free subscriber to The Successful Wealth Report, an electronic ezine published monthly. As well, you can participate in my free one-on-one Successful Wealth Workshop. During the free 60 minute workshop you:

• Develop a strong, clear and personal vision for the future.

• Identify the obstacles holding you back from achieving your objectives.

• Devise powerful strategies to achieve your financial goals.

I offer the free Successful Wealth Workshop to give you some experience with my unique process. When you come out of the workshop you will feel more excited about your future and more confident about your financial direction. You will also know what you need to do to achieve your financial goals.

This is done in two meetings, at the Successful Wealth Discovery Workshop is all about gathering information along with the preparation homework you will have completed and sent back to me before the first meeting. Then at the Successful Wealth Action Workshop is where we begin to map out your plan and decide on a course of action.

In addition to their Successful Wealth, participants in the program also develop their Successful Wealth Path and put together an integrated combination of the most appropriate Successful Wealth Resources.

These resources all available through The Wealth Management Group (TWMG) and its strategic partners, which includes Life Insurance, Mutual Funds, Discretionary money management, Health Insurance, Disability Insurance, Tax planning and preparation, Will preparation and Estate planning, just to name a few.

Participants in the program come to see us as their most important point of contact for all of their financial matters. We develop this close relationship by helping our clients develop their Successful Wealth Approach.

As such, I understand how to help them with virtually every financial matter that comes along, and take action in the context of their overall vision. For more information about the Successful Wealth Approach, call 514-345-8880 ext.215

When is a good time to Plan?

When we talk about planning or retirement planning it has been my experience that people like to put it off.

When I talk to individuals in their 20s about planning or bring up the subject of retirement planning. The problem is always about accumulating money.

They feel just because they are just getting started in the work force they first should "enjoy" life for a while after all they are still young. They always feel they've got plenty of time.

Then when I talk with individuals with growing families in their 30s, their focus and concern is their mortgage payments. Children take up their time and rightfully so, but planning will have to wait until the kids are older and the expenses will be less or so they say.

Individuals in their 40s usually have kids in college and are helping them out with their expenses Planning, especially retirement planning is the last thing on their mind.

While individuals in their 50s realize they should be doing some sort of retirement planning depending on where they are in their careers many hope that things will get better so that they can put away a huge amount of money to fund a retirement lifestyle that involves traveling around the world.

Then when I meet some individuals in retirement the one thing they often say is: "The government pensions aren't enough. We should have saved more in our RRSPs and other investments years ago. But it's too late now."

Planning for the future is just one part of an enjoyable and rewarding retirement, organized finances and using your income to invest for the future can reduce stress at work.

When is the best time to start planning?....Now

Goals are as Unique as You are

Financial goal setting is the centre piece to the Sucessful Wealth Approach. In my 20 years in conversation with people I have noticed that it is the individuals who have an idea of they want for the future are the ones who seem to get there.

Setting financial goals puts people in a position to make choices.

If you don't know what your long-term financial goals might be I have put together some of the objectives people have had in mind over the years:

Spend more time with family

There are a variety of reasons why a person cannot spend more time with their family: work responsibilities, distance, or simply not knowing how to spend quality time with a family member. No matter the obstacles, you must make a conscious effort if you want to spend more time with your family.

Go back to school

Many people have many opportunities and reasons to continue their education. Whether you want to earn another degree, finish college after dropping out, or you're going to college for the first time, there is a degree program out there for you. Going back to school isn't easy; it can require substantial time and money commitments.

To start my own business

Although it requires a great deal of planning and work, owning your own business can be an extremely satisfying and rewarding experience. To see more on setting goals go here.