Retirement Income and Estate Analysis

Risk Management Capital Gains Protection Will Planning Retirement Income and Estate Analysis Shareholder Agreement Funding Services

The two questions that we are asked most often are "How much will we have to live on during retirement and how much will there be for our beneficiaries to inherit?" As part of an overall financial plan, we review your existing portfolio of registered and non-registered savings as well as pension and government benefits and calculate how much income you might derive through your retirement years and how much you should be setting aside beforehand to reach your goals. We consider inflation and discuss your investment philosophy to make reasonable assumptions about investment growth rate. We also consider what types of financial risk you might be exposed to and how to best manage that risk. The result of this will be a picture of what levels of income you might expect to have and how to balance registered and non-registered income for maximum effect during retirement. A question we are often asked is " What would be the effect on our income and estate if we downsize to smaller and less expensive housing?" If this is you, we will be able to provide answers. Another important outcome of this service is often the reduction of probate fees and capital gains taxes. By properly planning an estate and through the use of appropriate products, we can show you how to increase the amount of your estate while giving you greater flexibility and control of your assets now, while you are alive to enjoy them.