Retiree

During the last market downturn, retirees who had all their assets in equities saw their nest egg shrink dramatically over a 12 month period. This is an absolute nightmare scenario for a retiree, and unfortunately, it was a reality for too many hard-working people.

Proper asset allocation is critical for a successful long-term financial strategy and it is especially important for retirees.

As a general rule, it is unwise for a retiree to have 100% of their assets in equities at any time. But figuring out what that percentage should be takes a lot of personal investigation into each person’s risk tolerance and investment objectives.

During retirement, income needs can become pressing.

Can you generate sufficient income without drawing down on your principal? What is the best way to generate income without taking excessive risks?

A Certified Financial Planner can help you figure out what level of risk is suitable for you.

Even the best captains have an entire crew to help them run the ship. Your Certified Financial Planner can be your first mate, peering through the binoculars to scan the horizon for obstacles that can sink the ship.

Who will you choose to help you navigate the voyage of retirement?

Mutual Funds

Today there are thousands of mutual fund available across Canada. In order to assist our clients with creating quality portfolios, we use software…

RRIF

A Registered Retirement Income Fund is an investment plan, established in accordance with Government of Canada requirements, into which….

GIC

Guaranteed Investment Certificates are issued in your name and can’t be sold except to the institution that issued them. You agree to…

LIF

A Life Income Fund (LIF) is a retirement income plan using locked-in pension money and the owner of the LIF can control the investments held…

TFSA

A Tax-Free Savings Account is a registered savings account that allows taxpayers to earn investment income tax-free inside the account. Contributions…