Retirement doesn’t mean a sudden stop to the life of working you’ve lead for years. When you retire, there is another set of dreams and goals to be pursued. Whatever you have in mind, the first rule of thumb is to manage your wealth wisely to make your money last. Equipped with sufficient protection and preparation, you and your loved ones canbe happy and worry free for the many years to come.
Will your money last? [Web page]. Retrieved from Canada Sun Life Corporate Website read the article
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Consider your income options for retirement expenses
Making sure you have enough income to cover your food, utilities, housing and personal health expenses should be the foundation of any retirement plan.
Plan your future health needs
Government health plans don’t cover everything, so it’s wise to consider additional health insurance.
Think about the legacy you want to leave
Whether you wish simply to cover your final expenses or to leave something to your loved ones or a favourite charity, an advisor can help you create a plan.
