What does retirement mean to you?

You can start planning for your retirement as early as possible; decisions you make today will decide what lifestyle you will be able to maintain in your retirement. People are living longer and staying healthier; a 30 year or longer retirement span will be more and more commonplace.  It will be important to be able to access an income stream from your portfolios, and, a tax efficient income stream will allow you to maximize the government benefits you will qualify to receive.

The most well known retirement savings vehicle and retirement income vehicles are RRSPs and RRIFs:

• A Registered Retirement Savings Plan (RRSP) allows you to make contributions toward retirement savings, while allowing a tax deferral.
• A Registered Retirement Income Fund (RRIF) is a tax-deferred investment plan; this is one of serveral options available to RRSP account holders after age 71, the age the government sets for the collapse of RRSPs

To download our Retirement Planning summary in .pdf format - click here.

To download our Early Retirement Checklist in .pdf format - click here