Notes: NOT RISK ADVERSE
-$1,000,000 in accumulated assets, $600,000 corporate holdings, $400,000 RSPs
-plans for continued funding in RSPs with maximum contributions until retires
-$150,000 mortgage remaining, appraised at $1,100,000
-additional expenses at $40,000 annually for 2 years
-plans to retire in 10 years. Wants to use investments to fund retirement and pay off mortgage in 1 year and of course cover those expenses
Recommendations??
-$1,000,000 in accumulated assets, $600,000 corporate holdings, $400,000 RSPs
-plans for continued funding in RSPs with maximum contributions until retires
-$150,000 mortgage remaining, appraised at $1,100,000
-additional expenses at $40,000 annually for 2 years
-plans to retire in 10 years. Wants to use investments to fund retirement and pay off mortgage in 1 year and of course cover those expenses
Recommendations??