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Stock impact report

How young professionals can make money moves for financial security [Globe and Mail, The (Toronto, Canada)]

Sun Life Financial Inc. (SLF) 
Last sun life financial inc. earnings: 2/12 05:01 pm Check Earnings Report
Young professional workers face an array of decisions as the comfort blankets of their education or training years are pulled away and replaced with new realities. They need to figure out how to accumulate down payments for homes, cover wedding costs, commence retirement nest eggs, manage debts before they get out of control, and acquire life and health insurance. “There's a lot of moving parts when you're a young professional because you're just getting started,” says Jeanette Power, senior wealth advisor at The Power Investment Team, part of CIBC Private Wealth Wood Gundy. While there's much to sort through, it's the right time to build the foundation for a solid financial future. As a rule, young clients should save at least 10 per cent of after-tax income, Ms. Power suggests. Financial planning requires a high degree of customization, and while there's no such thing as one-size-fits-all, certain groups do have similar needs. Many young professionals require solid initial gu Show less Read more
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