What If You Were Forced To Retire?

Flat-Fee Retirement Income Planning, Calgary

Most of us, if we are honest, dream about the day we can retire and take it easy. Especially after a bad day at work. We fantasize about just walking away and not having to go back.

But, what if you had to retire sooner than planned due to health issues, job loss, caring for a loved one or worse, because you just can't find a job?

Do you have the available cash flow to allow you to retire now or to at least work a reduced workweek without too much impact on your present or future lifestyle?

If you are not in a position to retire now and you keep doing what you are currently doing will you be in a better position to retire in 5, 10, or 20 years from now?

We are all eternal optimists and believe our finances will be in better shape next year but when next year all too quickly arrives we again tell ourselves that we'll be in better shape "next year". That's why we put off saving and investing until a later date; we always believe that we will have more money then than we have now. That's the same logic we all use when we opt-in for the "don't pay for 12 months" scam at the furniture store.

If you're like most Canadians, your home is your biggest asset. If there is a lot of equity in your home how do you tap into it for making life more enjoyable today? You still need a place to live, after all. Downsizing may be a great option for freeing up cash. Government pensions will not start until age 60. 

In retirement the most important considerations are:

1. Having reliable sources of income

2. Receiving income in the most tax-efficient manner

3. Making sure that income is sustainable

4. Health expenses and possible long-term care

5. Caring for adult children or aging parents

If your current job is your only source of income you are putting yourself at risk. We live in a world that is offering us fewer and fewer guarantees. How reliable is the Government, Stock Market, Housing Market and Pensions?

Our philosophy at Langford Financial is to grow wealth, assets and income from more reliable sources. It's similar to investment diversification in that our income needs to be diversified as well and produced from multiple sources. We can't depend totally on the reliability of only one strategy at a time.

If your lifestyle, present or future, depends solely on your job, your home's value, or the stock market - anyone of these can disappear without notice.

Our business is all about helping clients declutter their lives by first getting their total financial house in order and providing the clarity and confidence to start enjoying their retirement lifestyle.

You can learn more about our flat-fee planning process by clicking here.


Fee-only Retirement Income, Investment, & Tax Planning

Willis J Langford BA, MA, CFP

Nancy Langford CRS

Everyone Needs and Deserves a Quality Retirement Plan


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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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