What If You Were Forced To Retire?

Flat-Fee Retirement Income Planning, Calgary

Most of us, if we are honest, dream about the day we can retire and take it easy. Especially after a bad day at work. We fantasize about just walking away and not having to go back.

But, what if you had to retire sooner than planned due to health issues, job loss, caring for a loved one or worse, because you just can't find a job?

Do you have the available cash flow to allow you to retire now or to at least work a reduced work week without too much impact on your present or future lifestyle?

If you are not in a position to retire now and you keep doing what you are currently doing will you be in a better position to retire in 5, 10, or 20 years from now?

We are all eternal optimist and believe our finances will be in better shape next year but when next year all too quickly arrives we again tell ourselves that we'll be in better shape "next year". That's why we put off saving and investing until a later date; we always believe that we will have more money then, than we have now. That's the same logic we all use when we opt in for the "don't pay for 12 months" scam at the furniture store.

If you're like most Canadians, your home is your biggest asset. If there is a lot of equity in your home how do you tap into it for making life more enjoyable today? You still need a place to live, afterall. Downsizing may be a great option for freeing up cash. Government pensions will not start until age 60. 

In retirement the most important considerations are:

1. Having reliable sources of income

2. Receiving income in the most tax-efficient manner

3. Making sure that income is sustainable

4. Health expenses and possible long-term care

5. Caring for adult children or aging parents

If your current job is your only source of income you are putting yourself at risk. We live in a world that is offering us fewer and fewer guarantees. How reliable is the Government, Stock Market, Housing Market and Pensions?

Our philosophy at Langford Financial is to grow wealth, assets and income from more reliable sources. It's similar to investment diversification in that our income needs to be diversified as well and produced from muliple sources. We can't depend totally on the reliability of only one strategy at a time.

If your lifestyle, present or future, depends solely on your job, your home's value, or the stock market - anyone of these can disappear without notice.

Want to retire in the next few years? Find out why a Retirement Income Plan is necessary.

In Your Service,

Willis & Nancy Langford

Everyone Needs and Deserves a Quality Retirement Plan


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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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