I’ll help you build a personalized financial security plan. Financial security planning is about more than just retirement planning – it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.
Financial Security Advisor
Elder Planning Counselor
“My goal is to learn about you, your family, lifestyle, career, financial challenges and opportunities.”
I started with Freedom 55 Financial, a division of London Life Insurance Company, in 2011.
Education has been a part of my lifelong journey, and an important part of my profession. I graduated from Northern Alberta Institute of Alberta (NAIT) with a degree in business administration, majoring in accounting. I also completed a marketing management certificate from NAIT and have owned several businesses.
I’m committed to my clients’ financial security and well being. I’m a certified Registered Retirement Consultant and Elder Planning Counselor and I’m currently working towards my Certified Health Specialist designation. I’m also a member of the Canadian Institute of Financial Planning and Canadian Initiative for Elder Planning. I am fully licensed for segregated funds, life insurance, living benefits, health insurance in Alberta, British Columbia, Ontario and Prince Edward Island. Through my mutual fund dealer, Quadrus Investment Services Ltd., I am registered to sell mutual funds in the provinces of Alberta and Prince Edward Island.
I’m happily married to Wayne Dooley, and together we have a blended family of two sons, Chris and Wayne Jr., and three grandchildren.
In addition to spending time with family and friends, we host a weekly Bible study, and I also enjoy reading and volunteering in my community.
I enjoy traveling regularly to Prince Edward Island to see clients and family, and we love vacationing in Hawaii.
Financial security planning is about more than just retirement planning; it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.
Using the Canada Life security planning process, I’ll:
- Help you define what financial freedom means to you
- Help analyze your current situation, goals and dreams
- Help identify any roadblocks to achieving your goals
- Work with you to build a financial security plan that considers your short and long-term goals
- Regularly review your financial security plan, ensuring it evolves with your changing needs
Four cornerstones of financial security planning
Whether your goals are long-term (such as retirement) or more immediate (such as starting a business or saving for a child’s education), I can help you build a financial strategy tailored to your needs and those of your family. In developing your financial security plan, we’ll consider the four cornerstones of financial security planning:
- Financial security at death
- When you die, how can you help safeguard your estate for your family?
- How much income will your family need?
- How will inflation affect this income?
- Would you like to retire early or reduce the time you spend working?
- When you retire, what type of lifestyle do you envision?
- How much income will you need to retire comfortably?
- How will inflation affect this income?
- Do you have access to cash or liquid assets (i.e. assets that can be easily converted to cash)?
- Disability and critical illness
- How would a critical illness or disability affect your income?
- Would a reduced income affect your retirement savings and would this reduction affect your lifestyle?
- How much disability or critical illness insurance coverage is enough?
- If you become critically ill or disabled and take time off work, how will inflation affect your income?
- If you become critically ill or disabled, will provisions in your group plan allow you to continue saving for your retirement?
I want to understand your needs, recognizing they may change as you proceed through life’s stages.
As you start your career, you may want to:
- Purchase life and disability insurance to cover your income or protect your ability to earn an income
- Purchase term life insurance or critical illness insurance as a cost-effective way to cover an outstanding mortgage or debt
- Purchase health and dental insurance coverage if your employer does not offer a group benefits plan
Having children changes your life and your needs. Now is a good time to:
- Review your financial security plan
- Plan for your children’s education with options such as registered education saving plans (RESPs)
If you own your own business, you may want to:
- Consider business continuation, buy/sell agreement funding and key person insurance as part of your business planning
- Buy insurance to help cover outstanding business loans or mortgages if you die or suffer from critical illness
- Purchase a health and dental insurance plan
- Consider group insurance options for your employees
If you are retired or plan to retire soon:
- Insurance can help supplement your income and can help you leave a legacy
- Health and dental insurance coverage can take over if your benefits through your employer end upon retirement