Most Canadians choose to work with a financial professional primarily to seek retirement advice and indeed it’s never too late or too early to consider how to enjoy a happy retirement.
Through listening to their clients, financial advisors gain practical experience and understanding that allows them to provide retireees with timely and relevant information. These are some helpful tips we have found to help you build a successful retirement:
- Consult with a financial professional regarding your Retirement Plan
- Improve your financial literacy
- Discuss how to produce sustainable income from your portfolio
- Live within your means before you retire and reduce or eliminate debt
- Execute a Will and Estate Plan
- Focus on your health, hobbies, your social circle, and how you will spend your time
It’s important for you to ask questions such as, “How much can I spend during my retirement?” We can prepare a cash-flow evaluation desigined to help you meet your long-term funding needs. We will rebalance your portfolio to suit your retirement objectives. Whether you are planning for retirement or already retired, following these steps can provide for a more positive transition from accumulating wealth to making your investments work for you.
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FOR PROFESSIONAL STEWARDSHIP OF YOUR WEALTH CALL YOUR COMMONWEALTH TEAM 416.258.8907
