You might think this will never happen to you but our experience working with people that transition from a working career to retirement suggests this happens more often than not. You talk about retirement for a long time. You go from the stage in life where you’ve planned everything out and been in total control to what does the future hold. It doesn’t matter how much time and energy you’ve put into this phase of your life. It’s perfectly normal to be confused, excited and a bit overwhelmed all at the same time. After all you are entering a phase where you have zero experience.
Posted on December 27, 2017.
Posted in Blog, Retirement
Failing to adjust your expenses to reflect your new reality can wreak havoc on your retirement. After many years of working it can be hard to adjust expenses to your new income. This might involve things like less dining out, reducing the amount of vehicles you own, downsizing the home you live in as well as many other possible changes. More than ever you will benefit with a new realistic budget to keep you on track. A Financial Advisor specializing in retirement income planning is best suited to assist you with this.
Posted on December 27, 2017.
Posted in Blog, Retirement
People often approach retirement with a sense of uncertainty. This is understandable – it’s hard to predict exactly what life will look like, especially when you’re living off of a fixed income. We can give some hint to the changes you’ll discover along the way.
Posted on October 02, 2016.
Posted in Financial Decision Making, Retirement
How long will my money last? When is the best time to start taking money from my CPP, OAS, and RRIF to live on? Can I structure my affairs so that my Estate pays the least possible taxes at my death? Posted on October 03, 2017.
Posted in Blog, Retirement
Financial considerations will change after retirement. Many retirees have to make changes to their budgets because their savings will now have to last for an indefinite period of time.
Posted on December 04, 2016.
Posted in Retirement
