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 Retirement Income Planning Specialists,

Willis and Nancy Langford






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If you are nearing retirement, newly retired, or well into that stage of life and need some honest, reliable financial advice and tax planning services, I highly recommend Willis and Nancy Langford at Langford Financial. I have been working with them since the fall of 2020 and am really happy I made the switch.

I needed much better advice than I was getting from my new bank rep as I was actively preparing for retirement. I found Langford Financial online and booked a review meeting. I was happy that I was sent a complete list of all the information that would be needed prior to my initial meeting so I arrived prepared.

From that initial meeting, I decided to have Willis prepare a retirement plan for me. After we reviewed everything he had prepared, I felt much more confident in what was to come financially during retirement and how I could manage it. That's when I decided to transfer my investment portfolio from my bank to Langford Financial so they could manage it with and for me. I felt they really had my best interests at heart.

It was a pleasant surprise that their approach combined both income planning for retirement and tax planning for both the immediate future and well into retirement. This has proven to be very helpful as it has ended up saving me a lot of money (a lot!) by using credits that had been missed by the company I previously used to prepare my taxes.

I really like working with Willis and Nancy. They are very quick to answer any questions I have and can accommodate virtual or in-person meetings based on what is needed. They also produce a regular newsletter that I really enjoy. It has lots of tips in it and some very good in-depth information that helps me make better decisions---or at least ask better questions!

Moving to Langford Financial was a great decision for me. It has lead to better financial planning and decision-making and much greater peace of mind for me at this time of life.
Sharon Stroick
Full Service Client Since 2020

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