Investments
Retirement planning that shows whether you're on track
Retirement planning shows what retirement could look like and whether you're on track. I help Ontario families estimate the income they'll want, see how CPP, OAS, workplace pensions and savings fit together, and plan how to turn savings into income.
What's included
What we’ll cover together.
Included
- Estimating the income you'll want in retirement
- How CPP and OAS fit alongside your own savings
- Turning savings into income when the time comes
Worth a conversation if
- You're in your peak earning years
- You'd like to know if you're on track
How it works
Four clear steps.
Step 1: The retirement you want
When you'd like to retire, where, and what income would feel comfortable.
Step 2: What you'll have
CPP, OAS, any workplace pension and your savings, estimated year by year.
Step 3: Close the gap
How much to save, which accounts to use and what level of risk fits your timeline.
Step 4: Draw income wisely
As retirement nears, a plan for turning savings into steady, tax-aware income.
What does retirement planning cost?
A retirement plan is part of the advice process; product costs depend on the investments and accounts you choose. I'll explain how I'm paid and what each option costs before you decide.
How long does it take?
An initial retirement picture usually takes one or two conversations. From there, an annual review keeps the plan current — more often in the years just before retirement.
Common questions
Retirement planning, answered.
When can I start receiving CPP?
You can start the Canada Pension Plan retirement pension as early as 60 or as late as 70. Starting early permanently reduces your monthly amount, while delaying past 65 permanently increases it. The best age depends on your health, other income and plans.
When does Old Age Security start?
OAS can start at 65, and you can choose to defer it up to age 70 for a higher monthly amount. Eligibility depends on how long you've lived in Canada after age 18, which matters for many newcomers. Higher incomes may see part of OAS repaid.
How much do I need to retire?
There's no single number. It depends on the income you'll want, when you retire, how long your savings must last and what CPP, OAS and any pension will provide. A plan turns those into a savings target that's specific to you.
Related
Let’s talk about your family’s plans.
A relaxed first conversation about where you are and where you'd like to be. Bring your questions — and your family, if you like.
Your message comes straight to me.— Rahul
- savanirahul42@gmail.com
- English · ગુજરાતી · हिन्दी
- Ontario, Canada