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Shilo Stag Media

SISIP Financial, CFB Esquimalt

Whether you have investments at the bank or with a financial advisor – or even if you handle your investments yourself – this is a great time to get an expert second opinion.
Here’s why: Your investments might have changed.

The investments you selected months or years ago may look different now. Managed investments, like mutual funds, frequently change, such as updates to their investment style or portfolio management team. You won’t necessarily be informed about these updates, and an expert second opinion can help you identify any changes that deserve your attention.

Even if your investments haven’t changed, the economic and market environment certainly has. For example, investments that made sense during the record-low interest rates of a few years ago may be less attractive today. There might also be new opportunities, such as introducing the First Home Savings Account (FHSA). A second opinion can help make sure you’re not missing anything valuable.

You might have changed.

When life changes, so does your financial picture. If you’ve been posted or deployed, released, married or divorced, had a child, or experienced any other significant life change, it’s a good time to update your financial plan and investment strategy. You might have new goals, risks, and opportunities to think about.
Even if there haven’t been any significant changes, things can change just as a result of moving through the stages of life. For example, you might focus on maximizing long-term growth earlier in your career. As you get closer to big goals, including retirement, you should take less risk. As you transition into retirement, you’ll want to ensure that your personal investment choices work with your CAF pension.

You could be missing opportunities.

An expert second opinion from a SISIP Financial advisor can uncover opportunities that aren’t obvious when you have your investments on cruise control. Here are some examples:

Could you be saving tax? There are many tax-advantaged investment accounts that you could potentially be using, including a Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), Registered Education Savings Plan (RESP), Registered Disability Savings Plan (RDSP), and First Home Savings Account (FHSA). An expert second opinion can help ensure you make the most of each of them.

Could you be missing out? Life gets busy, and sometimes things simply slip through the cracks, whether it’s forgetting to make tax deadlines or failing to put all your available money to work for you. There could also be a chance to update or rebalance your portfolio to help ensure you aren’t overlooking risks or opportunities. An expert second opinion can help close any gaps.

Could you be planning smarter? Financial planning as a CAF member involves several special considerations, including how and when you get paid, potential income adjustments, and the CAF p, tension. An expert second opinion can help you keep everything running smoothly.

If you’ve never sat down with a SISIP Financial advisor, there’s one more thing you should know: we’re part of the CAF community! We exclusively serve CAF members, veterans, and their families across Canada on bases and wings.

When you sit down with us for an expert second opinion on your investments, we’ll run all the numbers but never treat you like a number. We care about our people and are here to help you and your family build wealth and achieve lasting financial security.