Nahanni Akroyd

About

I’ll help you build a personalized financial security plan. Financial security planning is about more than just retirement planning – it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.

About me

Nahanni Ackroyd, B.A., M.Ed., CFP®
Certified Financial Planner®
Investment Representative
Nahanni Ackroyd | Freedom 55 Financial | Nanaimo BC

I help people retire everyday.

Often referred by clients to their friends and family, I love helping people retire. This much-anticipated phase of life can be scary and exciting at the same time! I see my own retirement including travelling internationally, lots of local kayaking and time with family and friends – like lots of us, nothing earth shattering but deeply satisfying.

A requested speaker in the Nanaimo area, with an extensive background in education, I love sharing information through workshops on a wide variety of topics for employees, special interest groups and the general public. Making financial planning information accessible is an important part of why I do what I do.

Giving back is an important part of how I was raised. I am a founding member and a Coordinating Committee member for 100+ Women Who Care Mid-island. I work with several local charities, developing and growing their planned giving programs.

A member of Advocis, the Financial Advisors Association of Canada, I am continually engaged in learning that enhances my practice.

Raised on Vancouver Island, I can be seen hiking, at the gym, eating local food and spending time with my two teenagers.

Philosophy

Financial security planning is about more than just retirement planning; it’s about building a financial strategy that considers your immediate needs and your long-term goals and dreams.

Using the Canada Life security planning process, I’ll:

  • Help you define what financial freedom means to you
  • Help analyze your current situation, goals and dreams
  • Help identify any roadblocks to achieving your goals
  • Work with you to build a financial security plan that considers your short and long-term goals
  • Regularly review your financial security plan, ensuring it evolves with your changing needs

Four cornerstones of financial security planning

Whether your goals are long-term (such as retirement) or more immediate (such as starting a business or saving for a child’s education), I can help you build a financial strategy tailored to your needs and those of your family. In developing your financial security plan, we’ll consider the four cornerstones of financial security planning:

  1. Financial security at death
    • When you die, how can you help safeguard your estate for your family?
    • How much income will your family need?
    • How will inflation affect this income?
  2. Retirement
    • Would you like to retire early or reduce the time you spend working?
    • When you retire, what type of lifestyle do you envision?
    • How much income will you need to retire comfortably?
    • How will inflation affect this income?
  3. Liquidity
    • Do you have access to cash or liquid assets (i.e. assets that can be easily converted to cash)?
  4. Disability and critical illness
    • How would a critical illness or disability affect your income?
    • Would a reduced income affect your retirement savings and would this reduction affect your lifestyle?
    • How much disability or critical illness insurance coverage is enough?
    • If you become critically ill or disabled and take time off work, how will inflation affect your income?
    • If you become critically ill or disabled, will provisions in your group plan allow you to continue saving for your retirement?

Life stages

I want to understand your needs, recognizing they may change as you proceed through life’s stages.

Early Career

As you start your career, you may want to:

  • Purchase life and disability insurance to cover your income or protect your ability to earn an income
  • Purchase term life insurance or critical illness insurance as a cost-effective way to cover an outstanding mortgage or debt
  • Purchase health and dental insurance coverage if your employer does not offer a group benefits plan

Family

Having children changes your life and your needs. Now is a good time to:

  • Review your financial security plan
  • Plan for your children’s education with options such as registered education saving plans (RESPs)

Business Owner

If you own your own business, you may want to:

  • Consider business continuation, buy/sell agreement funding and key person insurance as part of your business planning
  • Buy insurance to help cover outstanding business loans or mortgages if you die or suffer from critical illness
  • Purchase a health and dental insurance plan
  • Consider group insurance options for your employees

Retirement

If you are retired or plan to retire soon:

  • Insurance can help supplement your income and can help you leave a legacy
  • Health and dental insurance coverage can take over if your benefits through your employer end upon retirement