The quick answer to the question, “Can you save too much for retirement?” might seem like an obvious, “No. You can never have too much money.” But another way to ask the question might be, “What are you giving up by saving too much for retirement?”
“It’s never too early to get a financial advisor,” says Dawn Marchand, Chief Executive Officer of Lawyers Financial. She adds, “professional advice will help you to both build and protect wealth as you move through your career.”
Meghan Hicks, a Lawyers Financial Advisor in Kelowna, British Columbia, helps many female lawyers manage their finances and plan for the future. After more than a decade working with a wide variety of clients, she has some valuable advice to share.
You’ve watched other professions enjoy the enviable benefits of a guaranteed pension for life while you’ve likely been left on your own to save what you can for retirement.
Taking the time now to consider personal tax implications and laying down a financial foundation for the coming year can go a long way to setting yourself up for success down the road.
The Canadian Bar Insurance Association’s (“Lawyers Financial”) mandate is to serve the financial needs of Canada’s legal community by providing high-quality investment and insurance solutions