The sources of your retirement income and your methods of withdrawing your savings can have a significant impact on your cash flow and tax burden. We can help you calculate your current expenses, project them over your retirement, and develop the customized withdrawal strategy that works best for you. Here are most of the retirement income sources you need to consider:
Old Age Security (OAS)
Guaranteed Income supplement (GIS)
Canada Pension Plan (CPP)
Registered investments (RRSPs, RRIFs, LIRAs, LIFs, TFSAs)
Non Registered Investments
Guaranteed Investment Funds with Life Income Benefit
Employment Related Resources:
Company Pension Plans
Defined Profit Sharing Plans (DPSPs)
Other Sources of Income:
Part Time employment
Income from Rental Property
Vacation Property Equity
As a financial Planner in Sudbury for the last 25 years I have seen a lot of people through to retirement.
Together we can create a Living Plan that will see you through your retirement and beyond.