What does retirement look like for you?
There’s no single number or formula for a successful retirement. How much you need depends on when you want to retire, how you want to spend your time, the lifestyle you want to maintain and the income you’ll have available.
Your Journey Wealth advisor can help you turn those questions into a retirement plan — so you can see where you stand today and what steps may help you get where you want to be.
How Journey Wealth can help you prepare for retirement
Know where you stand
We'll review your savings, investments, pensions and other assets alongside your retirement goals to help you understand whether you're on track.
Build your strategy
Together, we'll look at when you want to retire, the lifestyle you're planning for and the income you may need, then build a strategy around those goals.
Coordinate your income
We'll help you understand how your RRSPs/RRIFs, TFSAs, pensions, CPP, OAS and other savings can work together to provide income throughout retirement.
Plan your withdrawals
We'll help you develop a withdrawal strategy considering your income needs, tax implications and how to make your savings last.
Review and adjusT
Retirement planning doesn't stop when you retire. We'll continue to review your plan and make adjustments as your finances, spending and priorities change.
Wondering if you should have started sooner?
Maybe you wish you had saved more. Maybe retirement is closer than you expected. Or maybe you’ve been diligently putting money away but still aren’t sure whether you’re on track.
Wherever you’re starting from, the first step is understanding where you stand now.
We’ll help you look at what you’ve built, what you may need and the options available to you — then create a plan for moving forward.
We're here with you throughout your retirement journey.
Your needs at 62 may look very different at 72 or 82. As retirement progresses, your income needs, investments, taxes, spending and priorities may change. Regular reviews with your advisor give you an opportunity to revisit your strategy and make adjustments as your life changes.
Preparing for Retirement
Build your plan and make key decisions.
Transitioning to Retirement
Turn your savings into an income strategy.
Early Retirement
Manage your income and enjoy your lifestyle.
Later Retirement
Adjust as your needs and priorities change.
Frequently Asked Questions
It’s never too early to start, but retirement planning becomes especially important as you get closer to leaving the workforce. Whether retirement is years away or just around the corner, we can help you understand the decisions ahead and build a plan around your timeline.
That depends on your individual goals and circumstances. Your desired lifestyle, retirement age, expected expenses, pensions and government benefits, savings and investments can all affect how much you may need. We can help you develop a retirement plan based on your own financial picture rather than a general rule of thumb.
Yes. You don’t have to be starting from scratch. Your advisor can look at your existing savings, investments, pensions and other sources of retirement income as part of your overall financial picture and help you understand how the pieces may work together.
Retirement planning doesn’t stop when you leave the workforce. We can help you review your income sources, withdrawals, investments and changing financial needs to make sure your strategy continues to reflect the life you’re living.
Your Retirement. Our Guidance.
You’ve spent years building toward retirement. We’ll help you bring the pieces together and create a plan for turning what you’ve built into the life you’ve been planning for.