Here is a helpful article from the TD Wealth for Women program published on June 15, 2021 which presents a financial checklist to help you organize your personal and financial information. If you would like to review your checklist and discuss your financial goals, please book an appointment with a TD Personal Banker.

What to include in your financial checklist

An important part of achieving financial security is being organized when it comes to your financial and personal information. Having access to key contacts and financial information is important, especially during stressful times, such as in a case of emergency or in a life-changing situation.

To help you organize your financial and personal information, please update the information on this checklist and store it in a safety deposit box or other secure location. This information is also helpful when meeting with a Personal Banker and to use when building your net worth statement.

Financial checklist

Financial information

Checklist items

Key contacts

Personal Banker
Lawyer
Accountant
Mortgage broker
Insurance broker
Executor

Banking

Include up-to-date statements:

Bank accounts
Credit Cards
Mortgages
Loans or Lines of Credit
Points or Rewards Programs

Income

Up-to-date pay stub
Rental income
Commissions
Company stock options
Investment income and taxable dividends
Most recent tax return and Notice of Assessment

Investments

Include the following up-to-date statements:

Registered Retirement Savings Plan (RRSP)
Registered Retirement Income Fund (RRIF)
Registered Education Savings Plan (RESP) Life
Income Fund
Locked-In Retirement Account
Non-registered accounts

Pension and benefits

Old Age Security
Canadian Pension Plan
Private Pension
Spousal Pension
Private healthcare benefits
Other

Insurance

Including the following up-to-date policies:

Life insurance
Long term disability
Critical
House/property
Car insurance
Other insurance

Legal

Will (or a copy of the will)
Living trust
Financial Power of Attorney
Medical Power of Attorney

Next steps

Establish a safe place to keep this document, such as a safety deposit box, in case your home is compromised. Keep in mind that this document is only useful if it contains updated information – consider reviewing and updating it annually.

For additional information on how you can work towards helping to secure your financial future, please book an appointment with an investment professional.

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