Why You Should Be More Concerned With TAXES then FEES

Retirement Income Planning, Calgary

Every dollar you save in taxes is not only an extra dollar that you have available to enjoy your lifestyle, but it is also a dollar you do not have to take from your retirement savings and it can be another dollar you can use to grow your income.

Low fees on investments do not equate to better returns or good advice. In your younger years when your focus is on accumulating wealth, low fees may be an advantage. However, in the retirement income years, good advice is what you will value. Advice that leads to proper planning and creating tax-efficient and sustainable lifetime income.

Proper tax planning strategies can save you thousands and in some cases millions of dollars in taxes. Don't get caught up in cheap investment advice. You get what you pay for.

It's the after-tax rate of return that matters most on your investments. 

A better approach

Work with an advisor who can provide you with the best investment opportunities and also provide you with a financial plan that suits you and your unique situation and helps you reach your goals.

How often should you meet with your Advisor?

It will be more often in the early months as you are putting together a plan. Afterward, you can meet with your Advisor 1-2 times per years to review and update your plan. If you have a major life event then it would be a good time to meet with your Advisor and ensure you are on track financially and update your plan accordingly.

2 things to remember:

1. It's the after-tax and fee rate of return that matters, and...

2. Ensure you are receiving good planning for the fees you are paying, otherwise you might as well do it yourself.

 

Retirement Income & Investment Planners,

Willis & 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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