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Retirement Planning

Enjoy Your Wealth


For most people, the ultimate dream is financial independence, with retirement goals that include a comfortable home, steady income to enjoy life, and quality time with loved ones. During our careers, we may plan for milestones like buying a home, renovating, purchasing a cottage, and traveling. The goal is to continue enjoying these experiences in retirement – without needing to work!!

A retirement plan will help you understand how much wealth you can reasonably accumulate and how much you can spend during your retirement. Tax efficiency between which sources of income are used is important, the less tax you pay, the longer your savings will last.


Retirees Face Two Important Risks as They Transition From Saving to Spending:


Sequence of Returns - When saving for retirement, the sequence of positive or negative returns has no effect on whether you reach a financial goal; however, retirees that have the unfortunate luck of experiencing negative returns within the first few years of retirement, have a greater risk of outliving their money than someone who experiences positive returns during those early years.

Longevity Risk - This is simply the likelihood that you will outlive your savings.


Your portfolio needs to consider both factors. Low risk assets can protect from an unfortunate sequence of returns, and higher risk assets can outpace inflation to growth for longevity. Balanced funds are a poor choice for retirement income because you have no control over which asset is sold under different market conditions.

A retirement income plan can help determine how much you can comfortably withdraw.

A Retirement Plan Analysis Can Answer These Common Questions:

  • When is the best time to convert to a RRIF/LRIF/LIF?
  • When should I start collecting CPP and OAS?
  • How can I avoid OAS Clawback?
  • When can a line of credit be useful for retirement income?

The right strategy saves taxes, maintains control of assets, and leads to higher net worth.