Portfolio over $1,000,000

Quality Retirement Planning, Calgary

When you have a larger portfolio you have more options available to you and your biggest concern will be tax-saving strategies. You most likely have less of a worry of running out of money, but you want to keep more of your hard-earned dollars in your pocket.

Wouldn't it be nice to have a retirement income plan showing you where to take your income from and in what order so that you pay the least amount of tax?

 

To have this, you need to enlist the help of an advisor who specializes in

investments that produce tax-favored income 

 

Our process with clients who are either in or near retirement and have $1,000,000 or more in savings is different because we have more investment options available and access to some of the best money managers around the globe at lower fees.

The approach we take with high net worth clients is to work in partnership to create a financial plan that we quarterback and together we choose the investment platforms that are best suited to help you reach your goals and objectives.

Perhaps you have done well growing your savings with the help of an advisor over the years, but you are not confident that he or she has the expertise or willingness to put together a comprehensive plan.

 

"55% of pre-retirees will change advisors when they transition to retirement"

 

This is the stage of life when you need to consolidate your investments with one advisor that specializes in a portfolio that can produce the retirement income you'll need in the most tax-efficient manner. You've worked hard all your life and saved as much as possible to get to this point so it is imperative that you seek out the right advisor to help you create your unique retirement income plan to avoid costly mistakes.

Most advisors only have investments that are 100% market exposed, however, this is too risky for someone with more than a $1,000,000 of savings. Tax efficient income with the proper withdrawal strategies and strategic timing is by far the best way to ensure you keep more of your hard earned money out of CRA's hands and that you do not outlive your savings and have something left for the next generation. 

There are no out of pocket charges as we are compensated by the money managers we use in the form of a trailer. (Currently .2 to .7% of the assets under management)

What's left in your pocket is what matters most.

Some of Our Retirement Income Strategies:

  • The exact timing of starting government benefits like CPP & OAS
  • The effective use of cashable annuities to preserve income for your entire life
  • Sharing of pension credits
  • Avoiding the OAS clawback and age-specific and means-tested benefits
  • RRSP meltdown strategy
  • Spousal RRSPs and other income splitting strategies
  • Age 65 tax credits
  • The proper use of non-registered assets with capital gains
  • How to get $2000 of tax-free income from your RRSP each year from age 65-71
  • Dividend strategies
  • Taking advantage of lower tax brackets
  • Spousal tax rollover opportunities
  • Insure against the erosion of investment capital because of health care needs later in life
  • Passing on your estate in the most tax-efficient manner

We are a family owned private family practice. We work with retired and soon to be retired couples & individuals to create an income and investment plan that will generate a life-long income in the most tax-efficient manner and ensure you have less market volatility and no concern of running out of money.

 

Step 1

Introductory Call: Book an introductory call to see if we may be a good fit to work together. If we determine that we are, then we will book a complimentary first meeting to gain an understanding of your goals and objectives and give an overview of our process. 

 

Step 2 

Initial Meeting Agenda:

  • Financial and lifestyle goals 
  • Net worth and income needs
  • Assessment of risk 
  • Investment philosophy and process
  • An overview of how we can help
  • Letter of Engagement to formalize our working relationship

 

Step 3 

Complete your written retirement income plan with specific projections

  • Present a written retirement income plan for implementation
  • Specific strategies to create tax-efficient income
  • A layered cash flow plan with multi-year projections using additional tax saving strategies
  • Income & Investment structure for the next 12 months
  • Coordinating with any other professionals like banker, lawyer, accountant, mortgage broker 

 

Step 4

Continual Progress Updates and Refining

Every year we will meet at least annually for the purpose of review and refinement. Our ideal clients are individuals and couples that are too small for the big firms, yet want to work with an advisor to create a plan to reach their goals and objectives. Our specialty is investments that produce guaranteed income for life.

Each year following we will regularly review:

  • Estate planning considerations
  • Alternate investment strategies
  • Managed portfolio options
  • Using leverage 
  • Advanced investment/income strategies
  • Tax-sheltering and tax efficiencies
  • Diversification strategies and proper asset allocation

 

Ready to get started?

CLICK HERE to book a time to meet with us and complete the intake form with as much detail as you can.

 

Retirement Income & Investment Advisors,

Willis & Nancy Langford

587-755-0159

 

Related

Contact Us

Questions? Comments? Call us today at 587-755-0159 or fill out the form below:

Have Questions? Call Us Today At

Call Us

Join Our Newsletter



Subscribe