Meet Emily & John
“We just want to know that we’re making the right decisions for our family.”
Emily and John earn good money, but every dollar had several jobs, mortgage, retirement, childcare, education, insurance, travel, and eventually a larger home. We helped them build a financial plan around the life they’re building, not just the money they’re earning.
- Combined household income of approximately $220K/year
- $165K in investments split across RRSPs and TFSAs
- Workplace life insurance as their only coverage
- Recently welcomed their first child, with no RESP started yet
- Every dollar had to cover competing priorities: mortgage, retirement, and rising family costs
- Their $165K portfolio wasn’t organized around specific short- and long-term goals
- Workplace insurance wouldn’t replace enough income if either of them couldn’t work
- No plan for RESP funding, a future home upgrade, or balancing mortgage paydown with investing
- A financial plan built around their $220K household income and growing family
- A strategy balancing mortgage payments with RRSP and TFSA contributions
- An RESP strategy for their child’s future education
- Updated life and disability insurance, plus savings targets for childcare and a future home
Emily and John now have a financial plan built around the life they’re building, not just the money they’re earning.
They know where their money should go, what needs to be protected, and how to prepare for the milestones ahead.
Illustrative client scenario based on situations we commonly encounter.
Names and details have been changed.
