The traditional defined-benefit pension plan has become as rare as a hen’s tooth in today’s world. To ensure longevity, a retirement income plan needs to be as unique as the client, taking everything from your personal situation to government benefits and expected income streams into account. Consider my client, Sarah, who wanted to retire early and meet all her healthcare needs. Sarah and I forged a plan that focused on her spending and future costs to help meet her goals. Together, we evaluated her existing assets and income sources to structure a plan that maximized her after-tax income. Deploying what I call a "tax-smart lifestyle" helped Sarah create the future she wanted on her terms. Read the full story here: How to Maximize Your Spending Power in Retirement (ipcc.ca)
Sarah’s Insight: “Dean showed me how all the different parts of my retirement income could fit together to meet my needs. I’ve been his client for more than ten years now and I trust his advice completely. Before I started working with Dean, I thought that retirement was probably many years away from me. How know-how made my early retirement goal work!”