Is my retirement plan on track?

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Is my retirement plan on track?

You have a plan in place for retirement. Fantastic! Now what? It is just as important to monitor the assumptions underlying your plan and make sure you continue to be on the right track.

Your relationship with your financial planning team must be an ongoing one. As we all know, things seldom go exactly as planned. Short term or long term goals can change. Unexpected situations occur. You may have to retire earlier than you originally planned. Having children or caring for aging parents definitely affects your financial picture. Maybe you have had an employment change or a change in spending or savings habits.

Your relationship with your financial planning professional is such an important one. Are you overdue for your financial health check-up?

When you work with the team of financial planning professionals in our Welland office, you are getting more than just investment advice. You have the peace of mind that we are not only creating a road map for a successful retirement for you but also that we are revisiting that plan and the assumptions that go along with it. All of the changes to your situation should be reviewed regularly. When this attention is given, any issues will always be seen well in advance while there is still time to make changes and accommodate for them. 

As part of your ongoing discussions with your advisor, we will frequently revisit your plan to make sure it continues to meet your needs.

So when it comes to your future and the very important questions such as:

  • How long will my savings last?
  • How much income can I afford in retirement?
  • What is the best way for me to achieve this goal?
  • What are the implications of this particular choice or life change?
We are here to help (as always with all of your questions and concerns)! If you have experienced any material changes in your financial situation, it is important to keep your financial planning team in the loop.

What steps can I take to make sure my plan is current?

Contact us for our Financial Plan Check-Up Questionnaire

Testimonials from the Hollis Wealth Financial Management Team, Welland

From the iA Private Wealth Team

  • A disciplined approach, a high level of care and a commitment to integrity and transparency. We support our clients in pursuing and achieving their financial goals.
    Bill Pachereva
    Investment Advisor