For many clients, retirement planning begins with one question: Can I afford to retire? From there, we help you understand what comes next.
Retirement planning helps you see how your income, investments, taxes, pensions, estate plans, business interests and family priorities fit together.
A plan for income
Retirement changes how your money needs to work.
Instead of saving, you may be drawing income from several sources, including:
- RRSPs and RRIFs
- TFSAs
- Non-registered investments
- Pension income
- CPP and OAS
- Corporate assets
- Business sale proceeds
A retirement financial planner can help you decide which accounts to draw from, when to draw from them and how to manage income in a tax-aware way.
Pension planning
Pension planning is especially important for retirees, business owners, retired military members and second-career professionals around Trenton and the Bay of Quinte.
We help clients understand how pension income fits with investments, government benefits, tax planning, estate goals and spousal protection. The goal is to make every income source work as part of one retirement plan.
The decumulation stage
Decumulation is the shift from building wealth to using wealth.
That can feel unfamiliar, especially after decades of saving. We help clients plan how to spend confidently while still protecting long-term security.
This may include:
- Drawing income tax-efficiently
- Managing investment risk
- Preserving capital
- Planning for inflation
- Protecting a spouse
- Supporting estate and legacy goals
Retirement for business owners
Retirement for business owners often starts years before the business is sold.
We help owners think through business retirement plans, small business retirement plans and retirement plans for business owners. That may include preparing for a sale, extracting corporate wealth, investing proceeds and turning business value into personal retirement income.
For local contractors, engineering firm owners and entrepreneurs in Picton, Wellington and Prince Edward County, early planning can make transition easier.
High-net-worth retirement planning
High net worth retirement planning is often less about whether you will run out of money and more about what your wealth should do.
We help clients consider high net worth retirement strategies such as tax-efficient income, estate planning, wealth transfer, charitable giving and family legacy planning. Retirement planning for high net worth individuals should connect the life you want now with the outcomes you want for your family later.