Planning Before Age 55 Blog Articles

  • Home
  • Planning Before Age 55 Blog Articles
Calgary Cash Flow Planning
  • Jul 12, 2023
  • Willis Langford

13 Money Leaks: Fix These and Have More Cash For What Matters Most

  Imagine flushing $5 bills down the toilet. You just would not do it. Yet, you flush away money every day in other ways.   Just think of energy costs in your home without weather stripping around the doors and windows. How old are your. . .

Stocks or Bonds?
  • Aug 30, 2022
  • Willis Langford

What's The Difference Between Stocks and Bonds

Although stocks and bonds are both good investments there are big differences between the two. The old-school rule of thumb was to have a percentage of bonds in your portfolio that corresponds with your age. If you are age 60 then you would have 60%. . .

Retirement Income Planning, Calgary
  • Jun 03, 2022
  • Willis Langford

Inflation and The Impact It Has On Your Portfolio

The big story of 2022 has been inflation. I recently checked the price of a hotel in Kalispell, MT for the month of July and the mid-week nightly rate at The Hampton Inn would set me back more than $500/night. A bag of avocados has more than. . .

Retirement Income Planning, Calgary
  • Sep 16, 2021
  • Willis Langford

9 Questions Answered about RESPs

9 Questions Answered About RESPs  One of the greatest gifts we can give our kids is to help them kick off the first phase of their adult lives not drowning in debt. That’s what an RESP is for. It might not cover everything, but it’s. . .

Retirement Income Planning, Calgary
  • Jul 19, 2021
  • Willis Langford

The 5 Essentials For Getting Started On Your Wealth-Building Journey

The 5 Essentials For Getting Started On Your Wealth-Building Journey "If you don't know where you are going any road will take you there" If you know where you want to go it's best to take the time to discover the most direct route. . . .

Retirement Income Planning, Calgary
  • Jul 13, 2021
  • Willis Langford

Top 5 Wealth Building Strategies

The Top 5 Wealth Building Strategies   There are 5 primary ways to build wealth. Depending on how much wealth you want to build you can choose to use one or more of these strategies: High Income-earning job. If you are highly skilled or. . .

  • Aug 11, 2019
  • Willis Langford

Don't Be a Deadbeat Dead Person

Everyone leaves a legacy - some good and some bad. This is what I remember when my Grand Father died - he didn't have enough money in his possession to 'bury his ass' in the ground. My dad was so annoyed that his father didn't. . .

  • Aug 10, 2018
  • Willis Langford

The 10 Mistakes To Avoid With Your Life Insurance

Talking about life insurance is as exciting as a trip to the Dentist. At least at the Dentist, you get to go home with a new toothbrush. Insurance isn't that important until you need it. If you don't have it when you need it, it is too late. . .

Retirement Income & Investment Planning, Calgary
  • Apr 09, 2018
  • Willis Langford

How To Rob A Bank

Seven years ago (2012) we were celebrating being "debt-free" and contemplating what our next financial move would be. We had a significant amount of equity built up in our house and were looking for opportunities to grow our wealth. We had already. . .

Retirement Income Planning, Calgary
  • Mar 25, 2018
  • Willis Langford

The First Step to Getting Ahead Is Getting started

I remember it like it was yesterday. The credit card offers would come in the mail. “1. 9% for 6 months on balance transfers”. Nancy and I would quickly apply and then move our balance from our current Visa with higher interest over to the new. . .

Fee-only Retirement Income Planners, Calgary
  • Feb 24, 2018
  • Willis Langford

You Will Not Retire 30% Richer With Questrade

As a Certified Financial Planner, I am shocked at how much of a doormat the financial services industry is in Canada. We've learned nothing from watching the slow-moving trainwreck within the Oil and Gas industry which waited too long and did. . .

Investments and Insurance Planning, Calgary
  • Aug 04, 2017
  • Willis Langford

Monthly contributions vs. Lump sum deposits

    Retirement Income & Investment Advisors, Willis &. . .

Investments and Insurance Planning, Calgary
  • Jun 14, 2017
  • Willis Langford

Financial Priorities For Your 30's and 40's

The financial habits you create early in life tend to follow you for the rest of your life. That's why it's important to establish priorities early in life and form good money habits that will serve you well in the later years of living when. . .

RESP Information, Calgary
  • Oct 31, 2016
  • Willis Langford

RESP Guide to Get Gov. Grant Money for your Kid's & Grandkids!

One of the proudest moments occurred in 2016 as our son, Caleb, graduated from Mount Royal University with a 4-year degree in Business. This was a proud moment because if we had caved into the constant negativity that teachers had written in his. . .

Retirement Income Planning, Calgary
  • Oct 16, 2016
  • Willis Langford

What Wealthy People Do That Others Miss

Today's wealthy investors are usually very involved in their financial matters. There is a tremendous amount of information available today on wealth management. Russ Alan Prince published, Wealth management, (Wealth Management Press 2003). . .

Quality Retirement Planning, Calgary
  • Sep 18, 2016
  • Willis Langford

6 Critical Conversations You Should be Having Before You Retire

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. . .

Calgary Financial Advisors
  • Aug 30, 2016
  • Willis Langford

The best time to plant a tree is 20 years ago. The 2nd best time is....

TODAY! The best time to start planning your financial future was 20 years ago. The next best time is TODAY.   In fact, regardless of what planning you have done so far, there's still more to do. You may not know how long you will be here,. . .

Calgary Financial Advisor
  • Mar 25, 2016
  • Willis Langford

What Financial Habits are You Teaching Your Children?

Whether you like it or not most of what you teach your children is caught more than taught. Your actions are what they watch more than your words. Do you want your kids to have the same financial habits you currently have? Here are a few ideas on. . .

Retirement Transition, Calgary
  • Feb 03, 2016
  • Willis Langford

Should You Invest In Your RRSP or Your TFSA?

Should you be putting more money into your RRSP or should you contribute to your TFSA (which by-the-way has no deadline)?   Here's a couple of ideas to consider:   1. ) If you have made a significant amount of employment income in. . .

Retirement Income Planning, Calgary
  • Oct 09, 2015
  • Willis Langford

Do You Have The Right Kinds of Insurance?

We know the importance of life insurance. . . Over the past few years, we have delivered more than 3 Million dollars worth of cheques to clients.   These cheques were the difference between which side of the poverty line some people would. . .

Latest Testimonial

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

Contact Us

Questions? Comments? Call us today at 587-755-0159 or fill out the form below:

Have Questions? Call Us Today At

Call Us

Join Our Newsletter