Retirement Planning

Your retirement income will typically come from several different sources. You may be eligible for Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) and Old Age Security (OAS) or other government benefits. You may also have a company pension from Canada or abroad. But, if you’re like most Canadians, you also need to turn your savings into a retirement income stream to help meet your financial needs throughout retirement.

Some of the savings options include Registered Retirement Savings Plan (RRSP), Tax-free Savings Account (TFSA), Registered Disability Savings Plan (RDSP), and income-generating investments such as Mutual Funds, Segregated Funds and Term Deposits.

The income streams that you are likely to have in retirement can be like a jigsaw puzzle that needs to be managed with care. With a range of products and features to offer, a TPC financial advisor can help you create and navigate the best path forward to maximise your retirement income, while at the same time minimising your tax liability.