IT'S NOT ONLY ABOUT THE MONEY

What accountants want their clients to know, and what SMMEs wish their accountants would understand

- DAPHNE RAMPERSAD

Michael J Fox (b. 9 Jun 1961) Canadian-American actor whose film roles included the Back To The Future trilogy, The Secret Of My Success, and the voice of the main character in Stuart Little; television roles included Family Ties and Spin City.

Diagnosed with Parkinson's disease in 1991, he has authored four books including Always Looking Up: The Adventures of an Incurable Optimist (2009), and No Time Like The Future: An Optimist Considers Mortality (2020).

WHEN IT comes to financial planning, many people focus solely on wealth creation instead of what is needed to maintain the life we might want for ourselves and our loved ones. Decisions and planning when it comes to wealth preservation often take a back seat to wealth generation, when in fact they are equally important.

Taking a holistic approach when it comes to financial planning is vital. Holistic financial planning involves looking at the big picture and encompassing important components when it comes to your personal and financial life-your goals, your dreams, where you are now, where you need to be, and how you are going to get there.

Wealth preservation is an important component of this comprehensive financial planning, and the need to attach goals to your investment, retirement, and savings strategies.