Retirement
Retirement is the last third of your life. That’s a lot of years, and you have to plan for them.
Have you ever thought about how you will spend these years, and how you will finance them? Have you thought about the age when you will be able to retire comfortably? Where will your income come from?
Retirement for individuals
The financial planner has an excellent knowledge of the structure of the pension system in Canada. This system provides for minimum benefits for pensioners. It leaves the responsibility to employers and, above all, to individuals to save enough to live retirement in the desired comfort, with the only support being various tax measures to encourage retirement savings.
A well-deserved retirement.
RRSPs and TFSAs
To enjoy a thriving and fulfilling retirement, you have different tools available to you to invest your savings safely, such as the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA), each with its advantages and disadvantages depending on your goals.
Together we will be able to establish a tailor-made strategy according to your objectives and determine which of the programs is the most suitable for you and your objectives.
RRSPs and TFSAs
Annuities
Several types of annuities exist and are accessible depending on your situation and your needs. Annuities are a financial product that provides a guaranteed regular income, so can be a significant addition to your retirement plan. It is important to consider it for your retirement.
As there are several types of annuities and each of them has their options, benefits and risks, we take care to analyze your situation and establish a tailor-made strategy for you in order to have a safe retirement with peace of mind.
Annuities
Pension plans
Do you benefit from a pension plan offered by your employer? There are several different types of schemes and each of them has their tax benefits.
With a thorough analysis of your plan, you will be able to maximize the benefits of your pension plan to ensure a thriving and fulfilling retirement.
Pension plans
RRQ & PSV
When you retire, there are several government programs that can give you financial support, such as the Quebec Pension Plan (QPP) or the Old Age Security Program (OAS), but sometimes these programs may be insufficient.
As this is an amount to which you are entitled, we will be able to take it into consideration when planning your retirement to ensure you have a peaceful and fulfilled retirement.
RRQ & PSV
Start planning for retirement now.
Schedule a call to discuss your goals and determine the best investments to get there.
Retirement for a Business Owner
The Registered Retirement Savings Plan is not a solution, it is a tool. Rather, the solution is a plan that will determine what you need to do with your money to achieve your retirement goals. No one can know unless you evaluate their plan thoroughly with a competent financial planner.
There are many issues that need to be addressed. For a business owner, who may not have a fixed salary income, our priority is to protect their retirement income, through several strategies. Our financial planning firm Planico can help you maintain a consistent standard of living as you retire.
Setting objectives
We discuss together to determine your projects and goals.
Portfolio Optimization
We analyze the possibilities of optimizing your portfolio.
Choice of game plan
With the help of our proposals, you choose the strategy you will follow.
Tax avoidance
In order not to suffer too high a tax burden in retirement, Planico helps you in the establishment of tax exemption and tax reduction solutions.
With our financial services firm, you have a trusted and reliable ally to improve your financial situation at all stages of your professional and retirement life.
Useful retirement links
Regulatory authorities
Securities regulators such as
Major financial newspapers
www.globefund.com, www.globeadvisor.com
Main financial information websites
www.reuters.com, www.bloomberg.com, www.morningstar.ca, www.fundlibrary.com, www.ific.ca, www.ifse.ca, www.csi.ca
Financial calculators
https://www.mackenzieinvestments.com/en?userRole=advisor
http://finance.yahoo.com/calculator/index,
https://www.bloomberg.com/personal-finance
Investia Customer Portal
Mutual funds and exempt market products
Authorized mutual funds and/or exempt market products are offered through Investia Financial Services Inc. (« Investia »). Mutual funds and exempt market products are sold exclusively by representatives registered with Investia and applicable provincial regulatory authorities.
Investments in mutual funds/exempt market products may incur commissions, trailing commissions, management fees and other fees. Please read the Fund Facts or prospectus carefully before making an investment. Mutual fund investments and exempt market products are not guaranteed, their value changes frequently and past performance is not indicative of future performance.
Segregated funds
Segregated fund products are offered through Investia Financial Services Inc. and/or several general staff.
Subject to any guarantee applicable to the death benefit, any portion of the premium, or any other amount allocated to a segregated fund, is invested at the risk of the policyholder and its value may increase or decrease depending on fluctuations in the market value of the segregated fund’s assets.
So do not hesitate before thinking about making the right choices to plan your retirement and call on our financial services firm to guide you on the situation, today.