PRIME EARNING YEARS

Hello. My name is Valerie.  I have recently turned 50 and am happy to say that I feel very satisfied with my life.  The Facility Planning and Interior Design business I founded 20 years ago is flourishing, my marriage is fulfilling and I'm happy to say that I'm enjoying watching my teenagers grow into happy and productive individuals.  Life isn’t perfect though - I have many demands on my time. I, like many women, wear many hats - mother, wife, business owner, Gala Committee Chair, and in addition I am taking care of my aging parents.  I'm very busy and I know that I'm responsible for my financial future and have to be proactive and plan well.  I view money as an important tool to be used in maintaining my personal lifestyle and advancing the growth of my family and business. Making sure I have money there when I need it translates into FREEDOM for me.

My areas of concern are:

How can I ensure that my aging parents are cared for financially? Do I have enough for my children's post secondary education? Should I maximize my RRSP contributions annually?  Is my investment performance on track to accomplishing my retirement goals?  Do I have the proper life insurance, and is it cost effective?

I'm also starting to consider an exit strategy for my business, and would like an unbiased and informed opinion on succession plan options and the best choices to accomplish my business and succession goals.