Archive: Retirement

How important is your retirement income plan? It is paramount.  A retirement income plan is not just a projection of numbers showing you are okay to retire. Many investment advisors can look at your portfolio, know roughly what you live on now, and do a projection to see if you have enough for retirement or if you need to save ... read more.

The article “Retiring? Here’s how to switch from saving for your golden years to spending” by Ritika Dubey posted on the Financial Post and the Canadian Press News explores the psychological and financial shift from saving for retirement to spending in retirement. It highlights the importance of creating a structured retirement income plan, understanding long-term cash flow needs, and managing ... read more.

In “Why downsizing your home in retirement may not be as simple as you think,” by Matthew Halliday for The Globe and Mail, the article explores the financial, emotional, and logistical complexities retirees face when considering downsizing their homes, including housing market realities, lifestyle changes, and long-term retirement planning. Marlene Buxton contributes expert insight on how downsizing decisions fit into ... read more.