Life Stage Investing: Young Professional

Jonathon1 is typical of many graduates of professional and business programs. He is well educated, motivated and ready to enter the workforce after several years of study.

Here's how his CIBC Financial Advisor helps him get started on the path to a successful, financially sound life.

Jonathon needs

His CIBC Financial Advisor suggests

He'll benefit from

Help setting short-term and long-term financial goals

  • Chequing accounts
  • Savings account
  • Regular investment plan
  • Access to his funds
  • Competitive interest rate on his savings as he builds for the future
  • Commitment to building savings with regular transfers to his savings account

Advice on how to balance saving with paying off debt

  • Credit planning, CIBC loans and lines of credit
  • Assistance in reducing his interest costs and paying down debt faster

Strategies to create investment growth and start to accumulate wealth

  • Tax-Free Savings Accounts (TFSAs)
  • CIBC Mutual Funds
  • Tax-free growth and withdrawals
  • Wide choice of professionally managed portfolios to meet his investment portfolio growth needs

Strategies to protect any assets and loved ones

  • Life, disability, critical illness and creditor insurance
  • Protection for himself and any potential dependants or family beneficiaries

If you are a young professional - or if your children are in this situation - your CIBC Financial Advisor is ready to help with personalized recommendations that will put you on the path to a financially sound future.

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