Retirement and Investment Savings or Income
Whether it's a cottage overlooking a pristine lake, a warm, sandy beach or the untouched, white powder on the side of a mountain - for most of us it's going to take some serious financial security planning to reach our retirement goals. I can help you put a plan in place today that will put freedom and choice in your future.
I will help you set the path to your retirement and investment goals with a combination of quality investment options and personalized service.
Registered retirement savings plans (RRSPs)
Contributing to an RRSP is still one of the most popular and tax-effective ways to save for your retirement. To help Canadians save for retirement, the federal government makes tax allowances for those who contribute to registered plans. You can save in two ways:
- Contributing money to an RRSP can lower your income in a particular year, so you defer paying taxes on that income.
- Once invested, your contributions grow tax-deferred. That means you don’t pay tax on any earned income or capital gains until you take it out.
I would love to meet with you to determine which type of investment best suits your needs. My flexible hours allow me to find a way to fit into your busy schedule. Please contact me to set up a time. I can even meet you in the comfort of your home if it is more convenient for you.
Getting the most out of your Pension
Many employers compensate their employees by providing a pension plan. However, if you leave your employer, or retire, managing the money in your pension plan may be complicated.
Through Freedom 55 Financial, I have access to a team of specialists who can help ensure your pension monies will be used efficiently, to help you reach your retirement goals.
Retirement income options
You've spent a lot of your time and saved your hard earned money preparing for retirement. Now it's time to draw a retirement income from those investments and savings. Retirement income funds (RIFs), life income funds (LIFs), and payout annuities can all be effective and tax-efficient ways to do that.
I would be happy to meet with you to help you understand the options available to you. My flexible hours allow me to find a way to fit into your busy schedule. Please contact me to set up a time. I can even meet you in the comfort of your home if it is more convenient for you.