If you are approaching retirement, or already there, you face an increasingly complex challenge - making your money last throughout your lifetime. A profound change is in the midst - Canada's largest generation is entering retirement. What is your plan? Let Farrell Financial help you achieve a secure income for your entire lifetime:
Making your money last throughout your lifetime –
Discover the 5 key risks to achieve a secure income for your lifetime:
3. Asset Allocation
4. Excess Withdrawal
5. Health Care Expense
Create your own personal pension plan.
Many employers are not offering the old defined benefit pension plan.
However retirees do need security and there are alternatives.
Developing a retirement Income Plan. You have accumulated your nest egg for retirement. Now you want to spend it.
How do you convert your retirement savings into retirement income?
All income is not taxed equally.
Create a plan to generate tax efficient income.
People don’t plan to fail. They fail to plan.
Start off with the end in mind. Create a financial plan.
Are you concerned about the ups and downs of the stock market, but want a better rate than a GIC offers?
*** WealthStyles articles are provided courtesy of Manulife Investments.
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