Retirement Planning
Whether you decide to retire early
or work longer, the earlier you start retirement planning, the more likely you will be financially prepared for your retirement.
Let’s face it, we all want to stop working at some point.
Or, if not stop, at least work where and how we want to work, not how someone else wants us to. Most households are in one of three phases of retirement:
Accumulation
This is when you save for retirement and pay down mortgages and other debts. Throw in kids and some good living; before you know it, knowing how to build for the future most efficiently is challenging.
Pre-retirement
It’s coming, it’s imminent, you know it’s on the horizon, and it may be a nebulous, five years out, or the day circled on the calendar sometime in the next few months, but you know it’s coming. This is a critical point in planning; all that work is about to pay off – but how?
Retirement
Income, income, income. You need it to be steady, stable and reliable. All your hard work has paid off, and you are enjoying the fruits of your labour. It isn’t as though you are suddenly blessed with infinite resources; you still have to live within your means and that income is vital.
Retirement Planning With Worby Wealth
No matter where your household is on this spectrum, you need a plan. Planning to prepare for, transition to or enjoy your retirement is critical.
Contact Worby Wealth Management Regina to get your personalized plan started today.