Why You Should Be More Concerned With TAXES Not FEES

Retirement Income Planning, Calgary

Every dollar you save in taxes is not only an extra dollar that you have available to enjoy your lifestyle, but it is also a dollar you do not have to take from your retirement savings and it can be another dollar you can use to grow your income.

Low fees on investments do not equate to better returns or good advice. In your younger years when your focus is on accumulating wealth, low fees may be an advantage. However, in the retirement income years, good advice is what you will value. Advice that leads to proper planning and creating tax-efficient and sustainable lifetime income.

Proper tax planning strategies can save you thousands and in some cases millions of dollars in taxes. Don't get caught up in cheap investment advice. You get what you pay for.

It's the after-tax, and after-fee, rate of return that matters most on your investments. 

A better approach

Work with an advisor who can provide you with the best investment opportunities and also provide you with a financial plan that suits you and your unique situation and helps you reach your goals.

How often should you meet with your Advisor?

It will be more often in the early months as you are putting together a plan. Afterward, you can meet with your Advisor 2-3 times per year to review and update your plan. If you have a major life event then it would be a good time to meet with your Advisor and ensure you are on track financially and update your plan accordingly.

2 things to remember:

1. It's the after-tax and after-fee rate of return that matters, and...

2. Ensure you are receiving good planning for the fees you are paying, otherwise you might as well do it yourself.


Schedule A 15-Minute Call

Retirement Income, Investment, & Tax Planners,

Willis & Nancy Langford


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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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