Most people do not think about retirement ahead of time. Why? Well, anyone of us doesn’t want to get older and that’s why we try to avoid the thought that one day you will have to retire and start a new stage of your life.
I know what you might think – “I am young, successful, have an interesting job…so why should I think about those days that are so far away? I will think about retirement in 10 or 20 years”. And do you know what happens then? One day you wake up and understand that today is your last working day. And here it is – retirement.
Greater Assurance employs Elder Planning counsellors to help you prepare for not only the needs you will have in retirement but also the pitfalls you may not be aware of.
Two quotes to hang your hat by:
· People don’t plan to fail, they fail to plan.
· If you don’t know where you’re going, than any road will get you there.
Effectively combining your retirement savings with other sources of income that you may have can result in a predictable, tax-efficient income stream that will allow you to enjoy the full potential of your retirement years.
- Downsize your home
- Purchase a winter retreat
- Get the recreational vehicle or boat you've always wanted
Find out more about how to convert your retirement savings into income, the benefits of a retirement income plan, and more.