Common Questions

How Much Do I Need to Retire?

This is one of the most frequently asked questions. Not surprisingly, the answer is different for everyone. The amount you need to retire depends on your projected annual expenses, and the length of time you’ll be in retirement. That’s an easy enough calculation to make, but there are a number of things that can make it trickier. Like what happens if you face an illness or disability? What if you live to 100? What if the markets drop? What if your family needs help? And where is that income going to come from?

We can help you assess your retirement expenses, and work with you to ensure that your sources of income meet your needs. Get Started.

When Can I Retire?

No matter when you want to retire, knowing when you can retire is an important step in developing your retirement plan. Like most financial questions, there is no one-size-fits-all answer. It depends on the retirement lifestyle you hope to have, how much you have saved, and how long you expect to live.

And there are more than just money matters to consider. Many people are choosing to work past the traditional retirement age of 65 – both for the additional income and the social and mental stimulation that working provides.

We are happy to walk you through the many aspects of this decision, and help you find an answer that works for you financially and personally. Find Out.

When Should I Take My Government Benefits?

The Canada Pension Plan (CPP) and Old Age Security (OAS) benefits can provide a significant boost to your retirement income. Choosing when to take them is a highly personal choice. Taking them earlier means you have the money sooner, but your benefits are lower. Taking them later means your benefits are higher, but for a shorter amount of time.

We can work with you to examine the options and determine the specific time to start taking these benefits to optimize your financial plan. Learn More.

Am I in the Right Investments?

Choosing the right investment is based on your objectives for investing and your stage in life. For example, higher gains often come with higher risk. That may be ok if your investment horizon is longer. But if you are relying on your investments sooner – such as when you are in or nearing retirement – you don’t want the risk of a sudden major drop in your assets.

We provide a complimentary 2nd opinion of your current investments and your overall financial plan to make sure your investments are aligned with your needs. Contact Us.