Retirement Planning
Plan to Retire
Retirement planning is about managing your money so you can make the most of your retirement years. Your retirement plan should balance your needs, wants and the reality of your finances.
We are here to help you plan your future to relieve you from financial stress during your years of retirement. This we will achieve by combining financial planning for cash management, risk coverage, tax planning, family and medical expenses so that you don't have to worry after you retire. We will help you make your life as stress-free as possible. Why not call us today and book an appointment to see how we can make it happen?
Three reasons to plan for retirement.
- A plan helps you set goals for retirement, including the age when you want to stop working and your lifestyle.
- It can help you figure out how much money you need to save to live comfortably in retirement.
- A plan can guide your investment choices based on your goals and your risk tolerance.
How much you need to save depends on 3 things?
- Your age – When you start saving makes a big difference in how much you need to put away. The younger you are when you start, the less money you have to put aside.
- Your lifestyle – Do you plan to stay home or travel the world? The amount you’ll need to save will depend on the life you plan to lead when you retire.
- Federal government benefits – You could be entitled to government retirement benefits like the Canada Pension Plan (CPP), Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). If you’re eligible for income from these government programs, you might not have to save as much.
