Financial Planning
Why does financial planning become more important as Canadians get older?
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According to Shannon Neely, retirement brings a shift in financial priorities: the focus moves from accumulating wealth to preserving it and creating a reliable income. Unexpected expenses such as healthcare needs, long-term care, home repairs, or helping children and grandchildren can also arise, and a thoughtful financial plan can help ensure they do not derail retirement goals.
Answered by Shannon Neely, Shannon Neely Financial. Based on Why Financial Planning Matters More as We Get Older.