Retirement Planning Services

Retirement Planning Services

Retirement planning is a subject that most people don’t want to think before they hit their fifties. Everyone will have different views or expectations on when or how to start a retirement plan. Ultimately, retirement planning is all about securing finances to meet your expenses and life goals during your golden years. However, traditional retirement planning methods and strategies may not be practical or relevant today.

A few, yet important, reasons for you to consider a retirement plan early in your life:

  • Greater life expectancy: With an average life expectancy of 83 years, Canadians are living longer, which means retirement may last as long as 20 to 30 years. The traditional plans that were backed by robust company pension plans and shorter retirement periods will unfortunately no longer be practical in the current scenarios.
  • Unconventional retiree aspirations: Canadian retirees no longer conform to stereotypes. Instead of downsizing or moving into senior housing communities, many prefer to age in place, and aspire to live fuller and more active lives. The higher the activities and pursuits, the higher the expenses and need for disposable cash in hand during retirement.
  • Economic factors: Steadily climbing Canadian inflation rates are pushing up the cost of living, and causing markets to behave more erratically. Over the last few years, the real estate market has been at best, unpredictable. This potentially impacts the financial ability of Canadian retirees looking to downsize or seek refinancing or line of credit options.

At True Value Financial, we help you to:

  • Set your retirement goals.
  • Assess your current financial position.
  • Identify retirement income sources.
  • Evaluate retirement risks.
  • Understand health care issues.
  • Invest your retirement assets.
  • Manage your retirement income.

We can help you set goals that are meaningful and help you make a plan to achieve it, Call us at 604-495-9090  or  Send a message for a call back.