Resources
Knowing your own numbers is an important step in the financial planning process. Below you will find several spreadsheets and calculators to help you project and track your progress toward your goals.
TIP: Write your goals down, along with the steps to accomplish them. This will significantly improve the likelihood of you achieving your goals.
Getting Organized:
Worry Free Budget Calculator
Click here and download our preferred budget calculator. We have also launched a video that includes how to use this spreadsheet. Visit our Videos page and watch the first video in the Transforming your Finances Series.
View resource (opens in a new tab)30 Day Financial Challenge
This 30 day Challenge is a great exercise to go through to get your financial house in order. Once you have a good handle on all your numbers, you will be on your way to better financial health.
View resource (opens in a new tab)Net Worth Calculator
Your net worth is like your financial report card. It helps you see the net result of all the assets and liabilities you've accumulated so far. Over time, the goal is to see your net worth increase.
View resource (opens in a new tab)Calculators:
Education Savings Calculator
This calculator will help you plan for you or your child's education.
Open calculator (opens in a new tab)Mortgage Payment Calculator
This calculator will help you estimate your mortgage payments and see how different payment schedules and amortization periods change what you pay. A tool from Manulife Bank.
Open calculator (opens in a new tab)Retirement Income Calculator
This Calculator will help you estimate your annual Income after retirement.
Open calculator (opens in a new tab)Estate Planning:
Legacy Planning Checklist
Putting together a well documented Legacy Plan can leave a lasting impact. It can also make the role of your Executor much easier. This checklist can help you round up all the important documents and details to include with your Legacy documentation.
View resource (opens in a new tab)Personal Records Organizer (Canada Life)
We have two Personal Records Organizers to choose from. Take the time to complete one of the two booklets and set your Executor up for success. This document will capture a great deal of information your Executor will need to settle your estate. The Canada Life Personal Records Organizer is a condensed document that allows you to record all your pertinent account details.
View resource (opens in a new tab)Personal Records Organizer (Sun Life)
The Sun Life Personal Information and Executor Guide is a more comprehensive document that captures even more details and helps to walk your Executor through the process of settling your estate.
View resource (opens in a new tab)Empire Life Tax and Estate Executor Checklist
Taking on the role of Executor can be daunting. So it may be helpful to use this step by step guide to walk through the responsibility of settling an estate. It can help you prioritize all the tasks that you will need to complete.
View resource (opens in a new tab)Will Planning Worksheet
Before you meet with your lawyer to put your will in place, be sure to take the time to work through this worksheet. The more information and decisions you have made, the less expensive it will be to craft your will and power of attorney documents.
View resource (opens in a new tab)Power of Attorney Documents
This includes some good templates to put together your POA for Health and POA for Property. You will need one of each.
Open resource (opens in a new tab)Estate Planning in the Cyber Age
What are digital assets? This includes everything from music and data to electronic wallets, and passwords to all your online accounts. Be sure to address these in your estate planning worksheet and review with your lawyer.
View resource (opens in a new tab)Planning for Digital Assets Worksheet
Be sure to address your Digital Assets in your Estate Planning. This worksheet will help you document everything you have held electronically and in the cloud.
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