1-Can I retire at age 60 with the amounts I have in my RRSPs and brokerage account? Will I have to increase the amount I'm saving each year now?

2-We have investments scattered here and there, but we can't watch them like we should. How can we do better?

3-I just turned 69-and-a-half. Do I need to do something with my RRSPs?

4-We're worried about what will happen to our children and our assets if something happens to us. What should we do?

5-I've finally retired! Where do I withdraw money from first - my RRSPs, annuity, or brokerage account? How much can I safely take out each year? I wouldn't want to run out of money.

6-We've just had our second child. I want to make sure we're going in the right direction to see them through college and retire at a decent age. What can a comprehensive financial plan do for us?

7-How do you charge for your services?

8-How much is this going to cost?

9-I've decided I want help! What's the best way to get started?

 

 

1-Can I retire at age 60 with the amounts I have in my RRSPs and brokerage account? Will I have to increase the amount I'm saving each year now?

Many clients ask these questions. A retirement projection and analysis can provide you with the answers for your situation and explore your alternatives. Perhaps you choose to work part-time after retiring at age 60 as some of our clients have. Or, perhaps you'll purchase a second home in Florida, as one fun-loving couple chose to do recently.

BACK TO TOP


2-
We have investments scattered here and there, but we can't watch them like we should. How can we do better?

Many choose our investment management services to develop and monitor a balanced, diversified investment portfolio. Most clients don't have the time, knowledge, or desire to tackle that task. We'll review all your investment accounts: RRSP, RRIF      annuities, and taxable accounts. We'll develop an investment plan to determine which specific investments are appropriate to retain, and what investments should be purchased to upgrade the quality of investments and increase diversification. We use o no-load, back-end load, segregated and regular mutual funds to avoid hefty load expenses.
Your investment plan considers tax consequences of any proposed sales, and any fees for consolidating or moving accounts. We feel it's important for you to know and approve all aspects of your investment plan.

BACK TO TOP

3-I just turned 71-and-a-half. Do I need to do something with my RRSPs?

Retiring is no longer a simple phase of life. Many retired clients choose a long-term, on-going relationship with us to handle the details, freeing them to enjoy this time in their lives. Yes, at 71-and-a-half you do need to setup your RRSPs to become RRiFs or purchase annuities. Your estate plan may affect these decisions as well. We work with clients to see what's best for them.

BACK TO TOP

4-We're worried about what will happen to our children and our assets if something happens to us. What should we do?

Clients often are wise to prepare for the "if something happens" scenario. Based on the size of your estate, we'll discuss different alternatives you may want to pursue. In addition, we'll help you prepare your estate assets and debts report to ensure your time with your estate planning attorney is most productive

BACK TO TOP

5-I've finally retired! Where do I withdraw money from first - my RRSPs, annuity, or brokerage account? How much can I safely take out each year? I wouldn't want to run out of money.

Drawdown strategies during retirement are important. By properly prioritizing which accounts you to draw from first, second, etc., clients are able to minimize their taxes and maximize their wealth. You'll also want to consider your estate plans to avoid leaving heirs assets that will be heavily taxed. Our drawdown analysis can help you determine how much to withdraw annually. Withdrawing too much can leave you without funds late in life; too little can deny you the pleasures you deserve.

BACK TO TOP

6-We've just had our second child. I want to make sure we're going in the right direction to see them through college and retire at a decent age. What can a comprehensive financial plan do for us?

You have lots of questions about your finances. How much should you set aside each year to see your kids through college? What's the most effective way to save for college? Are you contributing enough to your pension plans for retirement, or should you increase the amounts to retire at age 60? How much life insurance should you have while the kids are at home? How about when they're through college? Is there any other insurance you might consider, such as disability? Do you have anough assets that you should do some estate planning? A comprehensive financial plan provides lots of answers.

BACK TO TOP

7-How do you charge for your services?

For financial planning services, the hourly rate is applied to consultation meetings and one-time projects, based on time. For example, the charge for a 1-hour consultation meeting is 1 times our hourly rate.
Investment management services are calculated as a percentage of the dollar value of the assets, or investments, being managed.

BACK TO TOP

8-How much is this going to cost?

We'll provide an estimate following your initial consultation meeting on the services you're interested in. It's your right to know, upfront, how much any financial analysis or investment service will cost, before you make a decision to spend your dollars

BACK TO TOP

9-I've decided I want help! What's the best way to get started?

Simply call us at (514) 332-2223, describe the issues you'd like help with, and make an appointment. We'll ask you to bring in relevant financial documents for review. If we can't help you with a specific item, we'll let you know upfront, to save your time and ours!

BACK TO TOP

 

© Copyright Ronsurance Inc.