Retirement Income Planning
Variable Annuity (GMWB) and Your Income Retirement Plan In 2006, I attended an advisor conference and a specific presentation about a new retirement product coming down the pipeline aimed at both retirees and those within 15 years of retirement. Technically it’s called a variable annuity but is more commonly referred as a GMWB or Guaranteed Minimum Withdrawal Benefit. The product was developed because […]
Keep Tabs on Your Canada Pension Plan (CPP Benefit) Estimate When I do a retirement income plan for a new client or update an existing client’s plan for their annual review, it’s always best to get accurate information. I have found many clients don’t know the following. how much their personal CPP benefit will be, […]
Is Your Retirement Plan On Track? Is your retirement plan on track? Do you have a written copy to refer to? Do you review it with your financial planner during your annual review? What are the common questions clients want to know about their plan? Do I have enough money to retire? How long will […]
Time to Look at the Big Picture While markets have rallied off their March 2009 lows, investors face uncertainty when investing solely in equity markets especially when it comes to their retirement portfolios. This article addresses the issue of stress testing your retirement income plan. I’ve written about this numerous times but it bears repeating […]
What’s Your Retirement Number While extreme market volatility continues and the length of the recession remains uncertain, investors are understandably scared about their investments and their ability to retire comfortably. Whether you invest on your own or use an advisor, my recommendation is that you should review your retirement plan to determine where you stand […]