Congratulations. Starting a new job provides new income and new challenges that can be very exciting, but it also comes financial questions and concerns. What if? How to? What should I do?
- Job security
- What can happen during my probation period? (usually first 3 months)
- Employee benefits such as Health & Dental insurance, disability insurance, life insurance
- If leaving an employer, when does my group insurance coverage end?
- If beginning a new job, when does my coverage begin?
- What benefits will I receive?
- Am I sufficiently covered? Is my family protected?
- Should I opt-in or opt-out?
- Budget planning
- How to plan my budget?
- What are my financial priorities?
- How much should I save for a “rainy day”? (emergency savings fund)
- Can I afford to buy a house?
- Should I rent or buy a house?
- How much should I put away for retirement?
- Workplace pension or savings plan
- Is it worth contributing into?
- What are its benefits?
- When it will take effect?
- Leaving your past employer’s Group RRSP/Defined Benefit/Defined Contribution plan
- Can I transfer it?
- Should I transfer it?
- How to transfer it?
- What are my options?
These are some of the many questions and concerns that a person may have when starting a new job.
Our holistic approach to Wealth Management includes:
- Budget planning
- Cash Flow Management solutions
- Investment Planning
- Retirement Planning
- Insurance Planning & Risk Management
- Tax & Estate Planning
- Income & Distribution Planning
- Wealth Transfer & Legacy Planning
You don’t know what best suits you? Contact our advisors to seek for help. With professional knowledge, we will arrange your finances for you at the blink of an eye. Our Advisors can provide clear answers and solutions to various financial matters. We recommend a financial review when starting a new job. For more information contact us.