The first thing you need to do in your retirement planning process is to identify your current financial priorities and future goals, to provide a solid foundation for your retirement plan.
Saving for retirement
Setting priorities
When do you expect to retire?
It’s all about priorities.
To get started, fill out the Financial priority planner checklist; it will clarify your priorities and provide your advisor with valuable information for a long-term plan.
Various retirement issues should be considered at different points in your life, including
- balancing financial priorities
- maximizing RRSP contributions
- income splitting
- boosting savings and investment returns
- early retirement options