Snap Projections

For this retirement incoming planning Case Study, we will be modelling the unique and personalized impact of: -Deciding when to start taking CPP/QPP and OAS -Determining the best order to withdraw from different accounts during retirement -Choosing whether or not (and how) to use home equity in the plan -Calculating the maximum retirement spending amount possible You can watch the full recording of this session below that had over 900 Canadian Advisors register to attend.

We all know that in this industry, nothing is going to be more powerful than referrals and word of mouth. But that takes time. What can you do to bridge the gap — to move the needle now — and help your practice to grow faster? Here are 4 ideas.

Snap Projections is proud to sponsor the 2025 FP Awards, presented by Financial Planning Association of Canada, in collaboration with the Institute of Advanced Financial Planners - IAFP. The awards are officially open for submission! Advisors can sign-up to compete. The 2025 Financial Planning Awards offer Canada’s top Financial Planners an opportunity to showcase their expertise and commitment to ethical practice. This prestigious national event honours professionals who provide client-centred advice and set the benchmark for excellence in the industry, celebrating innovation, expertise, and integrity in financial planning. Check it out.

Creating content is a powerful strategy for Financial Advisors and Planners to build trust, educate their audience, differentiate themselves, and grow their business in today’s increasingly competitive, digital world. Today’s consumers expect it, and without it, you risk being left behind. The good news? You don’t need to become a blogging expert or dive into anything overly technical to get started. Instead, keep things simple and begin with what you already have: a list of existing clients who have given you permission to communicate with them via email. This is your perfect starting point.

Today’s case study client is Linda Gill. Linda is 53 years old and resides in the beautiful province of British Columbia. We’ve been working with Linda for years but after conducting a check-in with her to see how she’s doing, we realized she was starting to have some questions and concerns about potential what-if’s. We’ve called Linda into the office today so that we can address her concerns and also re-confirm we have everything in place to ensure she meets her long-term goals – regardless of what may or may not happen. Her questions today are: ✅ What if we don’t get the rates of return we’re expecting? ✅ What if I can’t save what we’ve planned? ✅ What if I get sick and need to take a leave of absence from work? ✅ What if I want to retire early? We’re going to use Snap to help Linda plan for the unexpected.

Here are the 4 ways you can increase your Financial Advisory practice’s referral rates.

We speak with Advisors all the time who tell us that if they cannot see how the numbers are being calculated, they feel uncomfortable presenting the plan to their clients. It doesn’t mean they need to run every calculation but they need to be able to understand how the numbers were generated. When something doesn’t look right, they need to be able to see what is under the hood in order to correct it. Some platforms almost seem to hide the calculations so Advisors have no way of verifying the numbers. If you want to create more financial plans for more clients, saving time and increasing confidence are likely pretty high on your priority list. But — easier said than done? Only if you’re not using the right tools. #financialplanningsoftware

This method has stood the test of time: lead with providing value before asking for the business and never stop looking for creative ways to engage your clients in the financial planning process.

When should your clients begin taking CPP/QPP and OAS benefits? Which accounts should they withdraw from first when they retire? The Answer? It Depends. As a Financial Planner, you’re well aware that there are no one-size-fits-all answers to these questions. The truth is, the right strategy depends on your clients’ unique circumstances. So, how can you provide your clients with answers that are both personalized and transparent? Thankfully, the Canadian Foundation for Financial Planning (formerly the FP Canada Research Foundation) has funded research to help address these critical questions. Join the Snap Projections team for a virtual financial planning session where we’ll explore this valuable research in practice. In this session recording, you will: - Discover the key findings from this important financial planning research. - Learn how to use transparent planning software to model your clients' unique circumstances, showcasing the personalized advantages and disadvantages of various decumulation strategies during retirement. This session will demonstrate how Financial Planners can model this research in real-time and provide actionable insights on how to help clients navigate these crucial retirement decisions.

For individuals looking to save for their first home purchase, the newly introduced First Home Savings Account (FHSA) provides significant benefits. Financial Advisors, Planners, and Investment Managers who use Snap Projections have shared that they wanted this new account type integrated into the software. Now, Advisors can effectively illustrate the growth of the FHSA as part of their clients’ net worth and cash flow reports. They can also track the inflows and outflows of this account, ensuring that the software accurately reflects the tax benefits (and implications) of contributions and withdrawals related to the FHSA.