The Challenge
Retirement planning isn’t just about the years after you stop working — it’s about the entire journey from today until the end of your life. Without a clear, realistic plan, people often face uncertainty about when they can retire, how much they can spend, and whether their money will last. Too often, retirement decisions are made on guesswork rather than data, which can lead to stress or costly mistakes..
Why it matters?
A well-structured retirement plan gives you clarity, confidence, and control. It helps you answer the big questions: When can I retire? How much income will I have? What happens if markets fluctuate or my circumstances change? Will my lifestyle be sustainable? Planning ahead ensures you’re not only financially ready, but that your retirement years reflect the life you envision — whether that means travelling, pursuing hobbies, or simply enjoying peace of mind.
Our approach: How we work with you
Your retirement plan is reviewed annually as part of your Prestige Annual Review, alongside the other plans that make up your financial strategy for your particular situation. The plan we deliver is a living document — designed to adapt as your needs evolve..
At Prestige Private Wealth, our approach is detailed, data-driven, and personalized:
- Starting with your lifestyle needs — We begin by reviewing your current and expected expenses, using a cash flow plan to create a realistic picture of your spending before and during retirement — no guessing.
- Integrating your full financial picture — We factor in assets, liabilities, and income sources, including registered plans, pensions, CPP, OAS, corporate assets, real estate, and debts.
- Projecting multiple scenarios — Using professional-grade planning software, we model different market conditions and spending patterns to see how your plan performs.
- Customizing for business owners — For physicians and other incorporated clients, we optimize corporate structures, retained earnings, and ownership strategies for income and tax efficiency.
- Applying realistic assumptions — We run both historical (net of fees) and conservative forecasts, factoring in volatility to stress-test your plan.
- Making results visual — We present your plan with clear graphics and a green/yellow/red system to show if you’re on track, need minor adjustments, or require a shift.
- Keeping it ongoing — Each year, we review progress and adjust for life events like selling a property, receiving an inheritance, or changing careers.
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.
