Worksheet - Cash Flow Analysis
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The document contains personal and financial information for a family including names, addresses, occupations, dependents, and education details. It also includes monthly expenses, income sources, goals which are ranked as most important including retirement planning, education planning, and tax planning. The financial advisor's contact information is provided at the end.
Worksheet - Cash Flow Analysis
- 1. Family Information: HEAD 1 HEAD 2 Name: _________________________________________ Name: ___________________________________________________ Date of Birth: ________________ Date of Birth: ________________ SIN: ______________________ Month /Day/Year. SIN: _______________________ Month /Day/Year. Street Address: ____________________________________________ Street Address: ____________________________________________ City:_____________________________________________________ City:_____________________________________________________ Province: ________________Postal Code: _______________________ Province: ________________Postal Code: _______________________ Home Phone: #____________________________________________ Home Phone: #____________________________________________ Occupation: _______________________________________________ Occupation: _______________________________________________ Employer: ________________________________________________ Employer: ________________________________________________ Business Phone: # _________________________________________ Business Phone: # _________________________________________ Children / Dependants (Persons financially dependent i.e. children, parents, others) Child Name or Dependant #1: ________________________________ Child Name or Dependant #2: ________________________________ Date of Birth: ______________________________________________ Date of Birth: _____________________________________________ Month/Day/Year. Gender: Male Female Month/Day/Year. Gender: Male Female Age to Start Post Secondary School: ___________________________ Age to Start Post Secondary School: __________________________ Education Goal: ___________________________________________ Education Goal: ___________________________________________ Estimated Annual Education cost _____________________________ Estimated Annual Education cost ____________________________ CESG claimed $______________ CESG carry forward $___________ CESG claimed $_____________ CESG carry forward $___________ Child Name or Dependant #3: ________________________________ Child Name or Dependant #4: ________________________________ Date of Birth: ______________________________________________ Date of Birth: ______________________________________________ Month/Day/Year. Gender: Male Female Month/Day/Year. Gender: Male Female Age to Start Post Secondary School: __________________________ Age to Start Post Secondary School: __________________________ Education Goal: ___________________________________________ Education Goal: ___________________________________________ Estimated Annual Education cost _____________________________ Estimated Annual Education cost ____________________________ CESG claimed $______________ CESG carry forward $___________ CESG claimed $_____________ CESG carry forward $___________ Professional Advisors Lawyer: __________________________________________________ Lawyer: _ _________________________________________________ Accountant: _______________________________________________ Accountant: ______________________________________________ Who has your Power of Attorney:______________________________ Who has your Power of Attorney:______________________________ Do you have a Will? ________________________________________ Do you have a Will?_________________________________________ Date Will Last updated: ______________________________________ Date Will Last updated: _____________________________________ Location of Will: ___________________________________________ Location of Will: ___________________________________________ Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.
- 2. Cash Flow Analysis: EXPENSES Lifestyle Monthly Expenses Housing Costs Personal Rent / Mortgage ______________________ Clothing ______________________ Property Taxes ______________________ Dining Out ______________________ Insurance ______________________ Gifts ______________________ Utilities / Phone / Internet _______________________ Hobbies ______________________ Repairs / Maintenance _______________________ Insurance Premiums ______________________ Misc. / Other ______________________ 2nd Property _______________________ $ _______________________ Total Housing Total Personal $ ______________________ (Food, Toiletries, Personal items, etc.) $_______________________ Groceries (Movies, T $_______________________ Entertainment Education Transportation Costs Tuition ______________________ Gas / Fuel ______________________ Books ______________________ Insurance ______________________ Rent ______________________ Repairs / Parking ______________________ Lifestyle Expenses ______________________ Other ______________________ Total Education Expenses Total Transportation $_______________________ $ _______________________ Tax-Related Monthly Expenses HEAD 1 HEAD 2 HEAD 1 HEAD 2 Charitable Donations $_______________ $_______________ RPP – Contributions $_______________ $______________ Medical / Dental Expenses $_______________ $_______________ Child Care $_______________ $______________ Regular Monthly Savings HEAD 1 HEAD 2 Registered Savings ________________ Registered Savings ________________ Non-Registered Savings ________________ Non-Registered Savings ________________ Education Savings Plans ________________ Education Savings Plans ________________ Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.
- 3. Total $________________ Total $________________ Semi-Regular Expenses I plan to upgrade my automobile every: ________years. I plan to upgrade my automobile every: ________years. I usually spend approx. $ ___________ for the upgrade. I usually spend approx. $ ___________ for the upgrade. I plan to wait: ________ years before my next car upgrade. I plan to wait: ________ years before my next car upgrade. I plan to take vacation every: _________________________. I plan to take vacation every: ___________________________. I usually spend approx. $_______________for vacation. I usually spend approx. $_______________ for vacation. My next vacation will be: ____________________________. My next vacation will be: _____________________________. Major Planned Expense Description of Expense________________________________ Description of Expense________________________________ I expect to spend approx. $ ___________________ on the item. I expect to spend approx. $ ___________________ on the item. Purchase Date or Year _________________ Purchase Date or Year _________________ Start Savings Year _______________________ if available Start Savings Year _______________________ if available End Savings Year _______________________ if available End Savings Year _______________________ If available Monthly Income: Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.
- 4. HEAD 2 HEAD 1 Pre-Retirement Income Pre-Retirement Income Salaries $___________ Self Employed $___________ Salaries $___________ Dividends from Corp. $___________ Self Employed $___________ Rental Income $___________ Dividends from Corp. $___________ Alimony/Child Support $___________ Rental Income $___________ Other $___________ Alimony/Child Support $___________ Other $___________ (Bonuses/Gifts/Inheritance/Misc.) (Bonuses/Gifts/Inheritance/Misc.) Income in Retirement Income in Retirement Pension/CPP/OAS $___________ Pension/CPP/OAS $___________ Dividends From Corp. $___________ Dividends From Corp. $___________ Rental Income $___________ Rental Income $___________ RRIF $___________ RRIF $___________ Capital Gains $___________ Capital Gains $___________ Annuity Income $___________ Annuity Income $___________ Other $___________ Other $___________ (Bonuses/Gifts/Inheritance/Misc.) (Bonuses/Gifts/Inheritance/Misc.) NOTES: WHAT DO YOU WANT TO DO? Goals and Concerns Card To help us clearly understand your current financial situation, please take a moment to read through this list. Please rank the 3 areas most important to you. ( 1 = Most Important, 3 = Least Important ) Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.
- 5. General Investments and Financial Planning Saving for a Major Purchase ______Learning to manage money ______Leisure activities (travel, RV, boat, etc.) ______Learning to invest wisely ______Purchasing a home or cottage ______Paying off debts/mortgage ______Purchasing a new vehicle ______Staying ahead of the cost of living ______Owning my own business ______Analyzing the asset allocation of my investments Education Planning Planning For Emergencies ______Paying for my child’s/grandchild’s education ______Developing a financial reserve ______Taking advantage of the Canadian Education Savings Grant ______Income protection against death, disability or critical illness ______Surviving possible unemployment Retirement Planning ______Insuring my mortgage or other liabilities ______Developing a retirement plan ______Retiring early and comfortably Estate Planning ______Ensuring my funds last through retirement ______Review my current will and estate plan ______Maximizing foreign content exposure ______Preserve my estate for beneficiaries ______Reviewing my current investment strategies ______Charitable Giving Other Tax Planning ______________________________________________________ ______Reduce my Income Taxes ______________________________________________________ ______Tax Review ______________________________________________________ Notes: _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.
- 6. General Investments and Financial Planning Saving for a Major Purchase ______Learning to manage money ______Leisure activities (travel, RV, boat, etc.) ______Learning to invest wisely ______Purchasing a home or cottage ______Paying off debts/mortgage ______Purchasing a new vehicle ______Staying ahead of the cost of living ______Owning my own business ______Analyzing the asset allocation of my investments Education Planning Planning For Emergencies ______Paying for my child’s/grandchild’s education ______Developing a financial reserve ______Taking advantage of the Canadian Education Savings Grant ______Income protection against death, disability or critical illness ______Surviving possible unemployment Retirement Planning ______Insuring my mortgage or other liabilities ______Developing a retirement plan ______Retiring early and comfortably Estate Planning ______Ensuring my funds last through retirement ______Review my current will and estate plan ______Maximizing foreign content exposure ______Preserve my estate for beneficiaries ______Reviewing my current investment strategies ______Charitable Giving Other Tax Planning ______________________________________________________ ______Reduce my Income Taxes ______________________________________________________ ______Tax Review ______________________________________________________ Notes: _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ _____________________________________________________________________________________________________________ Ed Madro – Investors Group Financial Services Inc./ B2B Bank Securities Ltd. (403) 220-9654.