Financial Planning + Real Estate - What To Know
With the average price of a single family home more than doubling in only 3 years, many mature homeowners are taking advantage of downsizing earlier to begin their retirement. But what do you do with a massive lump sum of money in your bank account? How do you allocate it? What can you spend each year on leisure? All these questions come rushing through your mind after accepting a Buyer's offer on what is considered your largest financial asset you own.
This is where Josh comes in. Josh and I met in University, and took different career paths after finishing. I've been following Josh’s career for a while, witnessing all his success over the years made it a clear and easy decision to get him in front of my audience. Josh specializes in this type of financial planning and is a great resource for those in similar situations.
Below are a series of questions to help better understand how Josh tackles these all too important questions.
Find out how his knowledge and services could benefit you.
1. Briefly describe what you do and how you help older generations?
My name is Joshua Mifsud and I am a Financial Planner for the Bank of Montreal. My focus is on Investment and Retirement Planning. My objective is to help you with attaining your personal goals, helping your family thrive, and leaving a meaningful legacy — so we help you manage your wealth in a way that reflects your unique values and aspirations.
2. At what time should someone get in touch with you - e.g Before they sell?
It is often the case that whether you are downsizing, selling a secondary property, or even budgeting for your new purchase, that you would benefit tremendously from sitting down with me to look at what opportunities are in front of you when it comes to investing towards your future.
3. What are the benefits of getting in touch with you?
By getting in touch with me I can provide trusted advice and wealth management solutions to individuals and families alike. With access to hundreds of different investment solutions, we will address all needs when it comes to retirement, tax planning and estate planning.
4. After selling their house and putting their equity to work, what does the next 5, 10 , 20 years look like for the clients?
It is very common for Canadians to put their equity to work in the stock market/fixed income market after selling their house. Depending on an individual’s unique situation, this can help set you up achieving the lifestyle you desire for the next 20-30+ years. Ongoing work with a financial planner will address any ongoing life events and adjust your plan accordingly on an annual basis.
5. Is there an opportunity to customize plans?
Each plan is highly customizable and tailored to an individual’s risk tolerance, investment objective and goals.
You can find Josh’s contact details below if you’d like to reach out
(905) 808-1897
josh.mifs@gmail.com
