LightHouse WealthGuide Intro
Wayne W. MacDonald, Certified Financial Planner operating LightHouse WealthGuide with over fifteen years experience in financial planning.
We empower individuals, families and business owners to take control of their financial future through an integrated value based financial planning program.
We passionately believe that our clients have the power to significantly improve their financial well being by organizing their financial affairs in the most efficient manner through the utilization of proven financial planning techniques and by doing so have the power to impact society in a positive way.
We have a unique six-step process where clients first articulate their philosophies and values and then solutions are tailor made to fit individual situations followed by implementation and follow up monitoring.
LightHouse WealthGuide is more than a company. It is a process which is rooted in the value system of the client. It is suitable for those who have achieved a measure of success and want to move to another level or to preserve and protect what they have.
Recent Articles
Don't Bet Your Retirement on a Simple Approach
Posted on 05-08-2012You have probably heard about the old 70 percent rule that suggests retirees will need the equivalent of about 70 percent of your current income level to maintain their lifestyle in retirement. This assumes that your retirement living costs will be 30 percent less than during your working years. While it may have been applied appropriately for retirees two or three decades ago, it is fraught with significant risk and potential disaster for today’s retirees.
It Doesn't Pay to Procrastinate
Posted on 05-08-2012Many people have no idea. Some people have a vague idea. A few people, a very few, have it all worked out. When it comes to retirement planning, many people don't take action until forced to by a mid-life event (career change, death of loved one) or by hearing about seniors running out of money. It's strange that people find it so difficult to plan for their retirement. As all the basic financial books say, you start by recording your expenses, see where you can cut back, and then determine how much you need to save to achieve your retirement income goals. Yet, far too few Canadians take these presumably simple steps for their own financial success.
How to achieve financial success
Posted on 04-09-2012It is possible for just about everybody to achieve financial success. Getting there is usually not a matter of financial wizardry. By following some basic principles, you can make your financial dreams come true:
Set ObjectivesGoal setting is the foundation of achieving financial success. If you don't have a target to shoot for, how can you expect to hit it? By writing down your goals, you will clarify them and establish your personal and financial priorities. Be specific when setting goals. For example, instead of having a goal to reduce debt, set a goal to reduce debt by a certain amount by a certain date.
