Are you Retirement Ready?
If you’re retired, or soon to be, you’re likely a Canadian baby-boomer. You are seeking more information about your retirement beyond merely finances, and advisors are uniquely positioned to provide you with additional retirement insight and planning.
Currently, Canadians aged 65 years old, can expect to live an additional 22 to 24 years, on average. Not only are people living longer, they are leading more active retirements. Achieving success in retirement no longer requires the bills to be paid, and to sit at home awaiting the arrival of the grim-reaper!
To gain access to the investable assets today, and manage them into retirement, advisors should examine their clients in a broader, more complete perspective.
Check out the table below to see if you’re “Retirement Ready”… or not!
The Bottom Line
Without planning that includes more elements than just finances, retirement and the years leading up to it can be anxiety laden. The period that should be relatively carefree will be the opposite.
Financial planning is a critical element of all retirement plans, but an analysis that focuses solely on money will not prepare you for a successful retirement. Additional items like those mentioned above must also be addressed.
Contact a Wealth Management representative with any questions you may have at 519-291-3040 or email [email protected].