The Challenge
Cash flow planning might not be glamorous, but it’s one of the most powerful drivers of financial success — both before and during retirement. Without it, even high earners can find themselves stressed, overspending, or unsure if their money will last. Many of our clients today enjoy the freedom of not having to count every dollar, but that’s the result of years of disciplined cash flow planning together. Even in retirement, cash flow is the backbone of a healthy financial plan.
Why it matters?
Cash flow planning answers two simple questions: What’s coming in? and What’s going out? The balance between the two determines whether you’re building wealth, treading water, or falling behind. For working clients, income is shaped by career choices — salary negotiations, promotions, employer changes, or education. For retirees and pre-retirees, it’s about strategically drawing from RRSPs, TFSAs, pensions, CPP, OAS, and other sources in the most tax-efficient way possible. Every withdrawal decision affects your taxes, your estate, and your long-term income security.
Our approach: How we work with you
We review your cash flow annually during your Prestige Annual Review, ensuring it stays aligned with your overall financial strategy as life changes. We start with your lifestyle vision — not just numbers — so your plan funds the life you want. We design tax-smart income strategies from all your assets, challenge one-size-fits-all retirement rules, and connect your goals directly to actionable steps.
At Prestige Private Wealth, our approach is detailed, data-driven, and personalized:
- Start with your lifestyle vision — We focus on the life you want, not just numbers, so your plan funds your version of retirement.
- Customize income strategies — We optimize withdrawals, CPP timing, and TFSA use to maximize after-tax income over your lifetime.
- Challenge the myths — Instead of “80% of pre-retirement income,” we often plan for 100% or more to match your goals.
- Turn goals into action — Our Bucket List Exercise connects what matters most directly to your financial plan.
- Give you the tools — Our Cash Flow Spreadsheet tracks spending and adjusts as your life changes.
- Monitor and adjust — We revisit your plan regularly to keep it aligned with evolving goals and priorities.
Helping you live for today, while planning for a better tomorrow.
Book your free discovery call to learn more about this service and how it fits into your tailored financial strategy.
