6 Critical Conversations You Should be Having Before You Retire

Quality Retirement Planning, Calgary

The surveys and statistics are overwhelming. Most Canadians are entering Retirement with no plan. Maybe that's not entirely true. Because no plan is a plan - it's a plan to fail!

The fact of the matter is that most Canadians do not plan to retire. It just happens. You show up for work one day and they tell you that you are being phased out. Here's a package and good luck!

That actually happens far more often than you realize. Apparently, most of Canadians don't even like the word Retirement. It's now the "R" word. So, let's assume you do want to "R" word, what are the critical conversations you should be having?

Clarity around your Values - in Writing

  • What's important to you about money
  • Are you and your spouse on the same page financially
  • Spend it all or keep some as an inheritance

Clarity around your Goals - in Writing

  • What's on your bucket list 
  • What's your Ideal lifestyle
  • Travel or stay put
  • Start a business, volunteer, vacation property, mission, paint, teach

Simplify Finances - Getting Your Financial House in Order

  • What do you actually need to keep
  • Where are all your documents
  • How do you apply for CPP and OAS or other pensions
  • Do you still need life insurance
  • How will you pay for medical expenses

Simplify Finances - With a one page summary

  • Sources of income
  • Sources of debt
  • Insurance
  • Expenses

Understanding Fees -  Costs and Value and impact on your Plan

  • What is your total cost of investing/planning
  • Are you getting value from those fees

Quality Retirement Plan - The value of a properly written plan 

  • How will a Retirement Plan help 
  • How does it save me time and money
  • Is it comprehensive (income, taxes, debt)
  • Does it coordinate with the other professionals You need
  • Will it be shared with the whole family
  • How often will it be updated

There is more to a Quality Retirement Income Plan than you can imagine. There are too many scenarios to cover them all. A quality retirement plan can save you and your loved ones a lot of grief down the road. Planning now can save you on needless fees. Save on family conflicts. Save time.

Attend one of our seminars on Retirement Income Planning Strategies - Click here for more details! 

Want to retire in the next few years? Click here to Book Your $500 Retirement Income Plan

 

Your Retirement Income Planning Specialists,

Willis and Nancy Langford

587-755-0159

 

 

 

 


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My wife and I realized a long time ago the value of a financial planner over just a bank representative. We just felt like a number to the banks as every year it seemed we saw a different adviser with a different view. But finding a trusted, knowledgeable and personable financial planner took a lot of time and effort. It just seemed, so many large corporate Financial Planners were more concerned about what they could make off of us rather than what they could make for us.
What we wanted, was not just reasonable returns now, but good personal advice in our preparation for retirement and what happens when retirement actually arrives. We wanted someone who would be walking with us, guiding us on our way to retirement.
From the first time, we found the web site for Langford Financial Inc, we could see the knowledge of Willis and Nancy and a real effort to educate and pass on their knowledge through seminars, workshops and their personal service. Once I reached out through their web site for more information, Willis was quick to respond, offering and giving whatever information I was looking for and never was there pressure to commit to anything.
The feeling of comfort and ease when talking with Willis was inviting enough for us to want to meet with Willis and Nancy, just to see firsthand if there was a connection and what working with them would look like.
And when we did meet for the first time, that feeling of comfort and ease was very evident. It was a unique experience for us to be able to sit down and get to know a financial planner (or a team of both Willis and Nancy) and not have any sales pressure on us. Just getting to know Willis and Nancy was important for us. We needed to be comfortable with them and see their competence in the business, and it was obvious that Willis and Nancy wanted to know us better so they could know how best to help us.
Once we decided to move our accounts over to Langford Financial, we found their process was comforting and refreshing as Willis and Nancy first worked at evaluating our complete situation. They dug down to get a complete picture of where we were at, where we wanted to be and how to get there. This took some reflection on our part but once we saw how they put it all together in our “Financial House In Order” binder, we were confident we made the right decision to go with Langford Financial.
Since the time we started working with Willis and Nancy I have attended many of their seminars and can say the information they have been teaching has been amazing. Always relevant, and consistent with their desire to help those coming up to retirement, and covering so many different situations as everyone has a different life situation. I know more than one of the tax-saving strategies they taught at their seminars will work for my wife and I, so we are very happy about that.
We would definitely recommend Langford Financial, not just for all your retirement planning needs, but they have great ideas on savings for your grandchildren too!
Paul and Elaine Radder

Paul & Elaine Radder
Long-term Clients

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