CAN
US
What our users are saying
Patrick
“I love that they make financial plans for you and actively are helping you to grow your wealth as a result. It’s a lot different compared to other financial advisory firms that once they have your money, don’t really seem to care about you.”
Leisse
“As a single woman with a gaggle of children – who used to absolve herself of all financial responsibility – I can’t express the feeling of joy that comes from feeling of creating and embracing my own wealth and financial security. Grateful guys, thank you.”
Olivia
“What I loved the most was seeing the big picture of my financial life. It was eye-opening how insurance and investing can work together to position me and my family for a better financial future.”
Veronique
“Out of all the financial companies, you were the only one who took the time to give me all the mortgage information I needed.”
About Planswell
Planswell is a small but mighty company that is passionate about financial planning and advice.
Our mission is to create a world where everyone has access to financial education and piece of mind.
That’s why we partner with financial advisors all over Canada and the United States to help us on our mission to making financial planning and advice accessible to everyone.
What you’ll get from your free financial plan
Retirement age and income
Our engine calculates what your total savings at your retirement age (nest egg) will be based on your desired retirement age, current savings, contributions and risk tolerance. Using our decumulation engine we optimize for taxes and predict what your monthly income will be in retirement.
Debt plan
The engine tallies up your debt and finds ways to consolidate your debt to the lowest interest rate and free up your cashflow. Many people are surprised to see lower monthly debt payments!
Investment plan
The engine uses our algorithms and priorities to optimize your plan contributions. It accounts for all taxes and government retirement programs to maximize your retiremnet.
Insurance plan
Any good financial plan includes insurance to manage the unexpected. The engine calculates how much insurance you need to protect your future income in the event that you pass away or become critically ill.
Advice from advisors near you
Every plan has access to advice from financial experts that live near you. Your financial expert can help you with things like:
- Making sure your plan fits your needs and lifestyle
- Increasing cashflow
- Building wealth
- Getting you the best insurance rates
Frequently Asked Questions
How do you keep my personal information safe?
Your information is stored on highly secure servers, and even our own employees have access to it only on a need-to-know basis.
We also share certain necessary information about you with other parties, such as licensed financial advisors to assist you with improving your plan or implementing products or services.
We may also share some of your information with our business partners and service providers that assist us with running our business, such as financial services / products, anti-fraud, technology, communications, data analysis, legal and accounting partners.
Aside from these instances and those identified in the detailed long form below, we will not disclose, trade, rent, sell or otherwise transfer your personal information without your consent.
From a technical point of view, we protect your data with advanced data encryption, secure servers on a private network. From a practical point of view, we follow a clean desk policy with all sensitive information kept under lock and key.
Can I implement these plans without an advisor?
You are under no obligation to work with an advisor that is a Planswell partner. You may need to talk to an advisor to implement the recommendations that the engine gives.
Either way, we do encourage you to review your Planswell plan with a professional advisor to make sure that it works well for your situation and to answer any questions that you may have.
How much does this cost?
Creating a plan is completely free as well as talking to one of our Planswell partners. If you chose to work with an advisor, your advisor will share with you the cost to work with them.