In a study recently conducted by the National Institute on Ageing (NIA), they found only about a third, 35%, of working Canadians 50 and older say they are in the financial position to retire when they want. Most staggeringly, almost 40% said they could not afford to retire. See full article attached.

At Yoon Wealth Management, we leverage our expertise to put our client’s retirement concerns at rest by answering the following:

“I also question whether retirement is affordable, can you help?”.

Absolutely, the first step is to assess your current financial situation, and take into consideration your retirement goals (budget’s, asset purchases or sales…etc).

“How do I do that?”

Our team will build a comprehensive financial plan for you. Having a written plan divulges your financial goals and needs. It is our job to help you assess your current situation and bring our expertise to the table to strategize a path towards achieving your goals.

“What next?”

After creating your written financial plan, we will have a record of your goals to hold you accountable to. During regular reviews of your investment portfolio, we will incorporate your plan to measure the progress made toward achieving these stated goals.

“Where do I start?”

Contact my Associate Wealth Advisor, Max Granger, at max.granger@rbc.com or 604-257-7732 to set up a meeting. 40% of Canadians say they cannot afford to retire. Don’t be this stat, come see us for your personalized financial plan.  Our clients derive great confidence about their plan and we hope you will too.

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