Parenthood / Financial Checklist

Financial Checklist

The birth of your child may mean a change in some of your life goals. Your advisor can help with strategies and advice for balancing your priorities and making progress towards achieving your financial goals. Take this opportunity to review your priorities and consider asking your advisor these questions:

  • How do we balance paying down debt and saving while adjusting to new costs of having a baby?
  • Should we buy a home now?
  • How can I provide financial security for my dependents through insurance?
  • How can I continue to maximize and top up my Registered Retirement Savings Plan contributions?
  • Should I consider setting up a spousal RRSP to help with tax planning?
  • How important is a Will and Power of Attorney now that we have a child?
  • How do we save for our child’s education?
  • How will having a child affect my taxes?
  • How can we assist our parents if they need it now that we have our own family to care for?












Important Information

Information contained herein is provided for information purposes only and should not be relied upon exclusively as estate, tax planning or investment advice, nor should it be construed as being specific to an individual’s investment objectives, financial situation or particular needs. You should always obtain professional advice before acting on the basis of material contained herein. While Dynamic Funds® will endeavour to update this information from time to time as needed, information can change without notice and Dynamic Funds® does not guarantee the accuracy or completeness of this information, including information provided by third parties, at any particular time, nor does it accept any responsibility for any loss or damage that results from any information contained herein.

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