Abstract:
Damien Duff was worried. When he graduated from business school five years ago, Damien had had a plan — a good one. The problem, of course, was that plans rarely unfold as expected. Damien and his wife, Katrina, were now expecting their first child. As Damien wrestled with the reality of this news, he took a quick look at his financial plans. Damien knew his career was on track, but his debt load was much higher than anticipated and he hadn’t started his retirement portfolio as planned. With a baby on the way, he knew the expenses would only accelerate. What to do — pay off the debt, start a registered education savings plan, or postpone the retirement savings plan still further?
Keywords:
Financial Planning, Retirement, Canada, Damien Duff's Personal Financial Plan Case Solution
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