Bennett Financial Services

Knowing your current financial position will convince you to make the necessary changes to achieving financial independence. This process is best conducted in written form; thus, some time to complete the following steps...

Estate planning is important in order to ensure an orderly transfer of assets from yourself to the surviving partner and children; to minimize probate time, to minimize the cost and trouble of settling your estate; to avoid possible creditor claims; and to maximize the assets and income transferred to your spouse and children. The steps involved in this process include...

A good investment plan will review a variety of investments to ensure that you get the most appropriate mix of assets that will consider your personal risk tolerance profile, your age, your salaried income, and your net worth. It will also diversify your portfolio to spread the investment risk over different economic sectors, industries and regions. It will also reflect your consideration of a variety of evaluative factors such as...

Wealth creation will result from your investment strategy; however, the ability to invest requires a strategy that will encourage you to regularly save a portion of your income so that those savings, when translated into investments can work for you.  If you want to retire at a reasonable age, then it will be necessary to create an investment portfolio whose income at that time will replace a significant portion of your current salary. It can be done with...