12 Keys To a Happy & Secure Retirement

Retirement Income Planning, Calgary

12 KEYS TO A HAPPY, SECURE RETIREMENT

• Start planning early. Time is your best friend.

• Clearly define your retirement vision, values, priorities, and trade-offs.

• Get expert help with financial planning. Use conservative assumptions and run sensitivity analysis. Update this annually at a minimum. 

• Don’t forget to factor in increased spending on health care as you age. There's a huge difference between public and private long-term care facilities. Which would you prefer?

• Review the asset mix of your investments. In order to draw a consistent income from your portfolio, you cannot afford to ride market volatility. Consider the cash wedge strategy.

• Change as needed to meet the objectives identified in your financial plan.

• Consider the tax implications of your plan.

• Develop a formal, written investment plan.

• Employ traditional and alternative assets for your portfolio. There are 12 asset classes to consider.

• Hire professional investment management if you can’t be confident of your or your advisor’s ability to deliver steady portfolio returns to meet your plan.

• Measure performance against your plan.

• Have fun and enjoy the time and money!

Learn more about our planning process to help you get your total financial house in order and keep it that way for life. We can ensure you have enough money to fund your current lifestyle, a plan in place that will ensure you reach your future goals, and the confidence to handle whatever comes your way.

 

Retirement Income, Investment & Tax Planning,

Willis J Langford BA, MA, CFP

Nancy Langford CRS

Our job is to help you get your financial house in order so that you can live your ideal lifestyle confidently with purpose and peace of mind. 

 

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I contacted Langford Financial to see if they could help me with specific questions on retirement & estate planning, efficient tax strategies, CPP and OAS benefits, and income drawdown strategies. I was very nervous at first about whether they would be a good fit for my needs, but my concerns were quickly put to rest and Willis and his team made me feel at ease right from the very first meeting.

They are very easy to work with, are very knowledgeable and resourceful, are able to break down complex matters into an easy-to-understand manner, and are always quick to respond to any questions. They reviewed my situation and were able to tailor a plan to fit my specific needs, to my complete satisfaction.

The plan included amongst other things, the best way to utilize efficient income tax strategies. helped me to understand the correct drawdown of assets which would result in larger savings, and provided guidance on insurance products and efficient estate planning.

As a result, I have a much clearer picture of my financial situation now and feel very confident and satisfied with the plan that they have proposed for me, going forward. What I appreciated the most about Willis and his team was that, in addition to their friendly, personable and professional approach, at no time was there ever any pressure to purchase any products.


I am very happy with the service I received from Willis and his team and would recommend Langford Financial to anyone looking for advice on their retirement planning needs. You will not be disappointed!

Naila Jinnah

Naila Jinnah
Fee-Only Planning Client

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