MANION & ASSOCIATES FINANCIAL SERVICES

Our Financial Services.

Full Service Financial Planning And Retirement Planning Serving Maple Ridge And Pitt Meadows

Retirement Planning

Retirement planning is what one does to be prepared for life after paid work ends, not just financially, but in all aspects of life.

The nonfinancial aspects include lifestyle choices such as how you’ll spend time in retirement (hobbies, travelling, etc..), where you’ll live, when to completely quit working, and more.

A good approach to retirement planning considers all these different areas – while understanding that retirement planning can also change throughout the different stages of your life.

Investment Planning

Investment Planning is a process of identifying financial goals and creating a plan to invest in achieving them. Once your goals are established, it is important to then identify the financial products that will help in achieving the goal.

There are a wide range of investment options available and choosing the right one that fits your situation is very important. Each different asset class has different characteristics and having the right mix in your portfolio is where we can help.

Insurance Planning

Insurance planning is a critical component of a financial plan that includes evaluating risks and determining the proper insurance coverage you need in order to mitigate those risks.

The principal goal of insurance planning is to identify and analyze risk factors in life and seek proper coverage to attain peace of mind if disaster strikes.

Estate Planning

Estate planning is the process of developing and maintaining a plan to help preserve your assets, while ensuring they are distributed to your loved ones as per your wishes and intentions.

Estate planning involves creating a set of instructions that detail how your assets are used and distributed in the event of your death or incapacitation. Your estate plan will be composed of several types of legal documents and financial tools so your loved ones won’t have to guess your final wishes.

Tax Planning

Tax planning is the process of organizing your finances in a way to take advantage of the different rules that allow you to maximize the amount of income you keep each year or defer into the future.

There are different types of tax strategies depending on your particular financial situation, some strategies include the following: deferring or splitting income, deferring or maximizing retirement contributions, capital gains or losses, property ownership, charitable giving and utilizing beneficiary designations..Tax planning also allows the taxpayer to use various tax exemptions, deductions and benefits to minimize their overall tax liability.

Cash Flow Planning

You want to feel confident and secure in your financial decisions and your future.. A Cash Flow Plan can help you get the life you want with the money you already have. Do you make a good living but wonder where your money goes?

This is not simply budgeting. Cash Flow Planning is a structured plan that takes into account your proximity to retirement, your income, your assets and your debt. Your plan is all about choice, and it is designed around how you already spend your money. It is a system that allows you to choose to spend on the things you prioritize.