Should You Commute Your Company Pension When You Retire?

Retirement Income Planning, Calgary

If you are one of the lucky Canadians that have a defined benefit pension plan from your employer and you have had the good sense to stay with one employer for a long time then you have some options to consider when it comes time to retire or if you have been downsized recently.

Before you sign on the line and start taking your pension, take the time to understand what your options are and then choose wisely because once you sign the papers, you can't undo the decision in the future. 

Here's a great article from one of the companies we work with: Should I keep or commute my defined benefit pension plan? Read more...

If you have a question, please give us a call and we can walk you through a more comprehensive review of your options.

We can help you create a guaranteed and predictable cash flow from your portfolio in the most tax-efficient manner to ensure you never have to worry about running out of money.

Want to retire in the next few years? Click here to Book  an Introductory Meeting

 

Retirement Income, Investment & Tax Planning,

Willis J Langford BA, MA, CFP

Nancy Langford CRS

587-755-0159


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Previous agents or companies only seemed interested in obtaining funds from us with no further support or contact.

Willis & Nancy have worked with us at least twice a year to make sure we are set up for success. They have been able to provide us with a visual picture of where we currently stand financially in order to determine if we are ready to retire or need a few more years. It has alleviated the stress we were feeling about retiring and having no idea of what that would look like.

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Debbie & Garry
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