RJR Financial

Retirement

When you consider all that’s plaguing investors today – the threat of war, plunging confidence, deteriorating trust in corporate leaders, accounting scandals, sub-prime issues, plunging interest rates and stock levels hitting all time highs then retreating to lows – it’s no wonder that retirement planning may complicated. After all, how can you plan for a goal amid such uncertainty? And how much should you save?

Retirement Map

Conventional wisdom has always been to accumulate enough capital to replace about 70% of your pre-retirement income. Is that enough? Fidelity feels that Canadians aren’t saving enough. For that reason, Fidelity has developed an easy to use Retirement Readiness Snapshot™ tool. Check it out – 6 quick questions, then contact us to discuss the results, and to find out why you need guarantees

Retirement planning should be a sure thing

Since the new benchmark may be closer to 80% rather than 70%, and due to the fact that retirement is changing, your plans need to be refocused with this in mind.

Key benefits we provide:

Helping you determine and clarify your goals
Assisting you to devise a financial "Road Map" to crystallize your goals
Portfolio analysis
Asset allocation
Portfolio selection
Portfolio maintenance

Retirement planning can be different depending on which of the retirement stages you are in.

One of the pitfalls we see in dealing with clients whose wealth accumulation plans have been successful is that they end up in a tax trap with their registered investments (RSPs, LIRAs, RRIFs, etc). As a result, we have developed a unique RSP Meltdown strategy to transform this highly taxed capital into tax favorable capital.