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Mr Channi Toor
11, 5080 - 12A STREET S.E., Calgary, Alberta
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Wednesday, November 21, 2012 - Albertans belive financial plan is critical buying a home

Albertans believe financial plan is critical in buying a home, 89% feel that way compared with 86% nationally.The majority of Albertans believe it’s critical to have a financial plan in place when buying a home

CALGARY — A new study released Friday by BMO Financial Group says the vast majority of Albertans believe a financial plan is critical when saving for and buying a home.

The survey indicated 89 per cent of people in the province felt that way compared with 86 per cent across the country.

According to the report: 85 per cent of Albertans with a financial plan (same nationally) are confident that their plan will help them achieve their financial goals; 78 per cent of Albertans (compared with 82 per cent nationally) report that a financial plan is important for raising children and saving for their education; and 96 per cent of Albertans (compared with 92 per cent nationally) believe a financial plan plays a critical role in helping them realize their ideal retirement lifestyle.

The report also showed: 47 per cent of Albertans with a plan (compared with 44 per cent nationally) review it a few times a year, while 26 per cent of Albertans (compared with 28 per cent nationally) go over it monthly; and 22 per cent of Albertans (compared with 19 per cent nationally) conduct an annual review.

“The key to achieving your financial goals tomorrow is creating a plan that starts today,” said Marlena Pospiech, Senior Manager of Enterprise Wealth Planning, BMO Financial Group. “Whether you are saving for a house, a family or a well-earned retirement, a personalized financial plan will help you achieve your short and long-term goals.

“It’s critical to review your financial plan on a regular basis – once a year or when a major life event occurs.

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posted in General at Wed, 21 Nov 2012 23:20:01 +0000



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Channi Toor

Having watched and participated in the growth of the Calgary area for many years now, I?ve developed unique knowledge of its communities and hidden treasures as well as an intuitive feel for its real estate market.

I take professional and personal pride in keeping my clients abreast of market trends, news and have in-depth knowledge of the subtleties of purchasing and selling real estate in Calgary.

Contact Me today and begin your Calgary real estate experience. I look forward to serving you.