The idea behind a retirement plan sounds simple: You put aside money during your working years so that once you stop working, you’ll have income to live off.
But once you sit down to start planning, you may not know where to begin.
Fear not! When you meet with a Cambrian Advisor, we take the complexity out of a complex process.
There’s no better time to get started than today. Let’s look at how retirement planning can be a simple, stress-free process:
By understanding, planning, and making the right decisions for retirement, you’ll have a better chance at a successful and enjoyable retirement.
A retirement plan allows you to:
Essentially, your advisor will create a snapshot of your full financial picture. The more information you can provide us with, the better!
It allows them to see whether you can or cannot achieve your retirement savings goal – and if not, how you can adjust your budget to get there.
This includes your:
When you meet with an advisor, what will the planning process look like? Here are some of the different stages you’ll talk through during your meeting:
While it’s impossible to know exactly how much to save for retirement, you can make estimates based on discussions with your advisor.
Depending on your occupation, your retirement age may be earlier or later. For example, a carpenter may seek to retire earlier than an accountant due to the physical nature of their job.
Using NEI’s retirement planning calculator, you can see whether you’re on track to save enough to meet your goals in retirement.
So, how much money do you need to retire? There’s no magic number; it all depends on:
A portfolio review gives your advisor the opportunity to review not just your investment performance, but your overall financial journey, too.
By meeting annually, you can:
Life happens fast—and when things change, it may affect your retirement plan, too. You can book a meeting to discuss any life events or changes in your financial priorities.
We help you simplify your retirement plan, save money, and solve financial problems.
Your future is in your control—and we’re here to help you figure it out. Contact us today!
Disclaimer
Mutual funds are offered through Credential Asset Management Inc.
We would be happy to discuss your unique situation with you.
Our goal is to make complex topics like this one, simple.
It takes less than 5 minutes to make an appointment or to apply online. It is up to you how you want to meet your advisor - you will have the option to meet your advisor:
