Start planning your finances for tomorrow, today

To live a comfortable lifestyle in retirement, it’s important to start planning for your twilight years as soon as possible. At the end of the day, you are never too young to start planning for your retirement.
For more information on how to create the right investment strategy for your future, give us a call and book an obligation free appointment with one of our financial advisers today.

Step 1: Diversify your investments

The more you diversify within your investment portfolio,
the more likely you are to reduce your level of risk. Some
key diversification strategies include investing overseas or
in different types of industries. By investing overseas and/
or in different industries, you reduce

Step 2: Control costs

One of the best ways to strengthen your investment
portfolio is monitoring the dollars you spend. Take stock
of management fees, taxes and trading costs you have and
ask yourself: ‘is there a more cost effective way to do
this?’ If your answer is ‘yes’, then do something about it.

Step 3: Review your portfolio regularly

Your investment portfolio is not like a fixed rate mortgage,
you cannot set and forget it. The reality is, your different
investments will generate different returns over time -
which means your portfolio can drift from its target
allocation. As a general rule of thumb, it’s worth
reviewing your investments on an annual basis.