Income, income, income! Now that you have spent your working life accumulating, you get to take a break. But there’s still that pesky question of income to solve. Retirement does not mean infinite wealth; it just means you need to be smart about getting your monthly income. Retiree should have a variety of sources of income.
One of the problems facing retirees these days is that the markets are just too volatile for regular, dependable monthly income. Depending on your financial situation, there may be other options available that you should consider.
Inevitably, estate planning also becomes an issue. Your beneficiaries may stand in line behind Canada Revenue Agency when your estate gets processed and that is rarely a good place to be. There are a number of streamlining methods that can be put to good use with your assets.
Contact Chris Worby, your Trusted Regina financial planner today to get your retiree income plan rolling.