1 | What Replaces My Paycheck When I Retire in Canada?
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1 | What Replaces My Paycheck When I Retire in Canada?
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When you retire and stop working, what replaces your paycheck? Nothing. But that doesn’t mean you don’t have income.
In this episode, host and financial planner, Wes Forster, explains what happens when you are no longer getting a steady paycheck and how retirement income is created from coordinated sources such as CPP, OAS, pensions, RRSPs or RRIFs, non-registered accounts, and, in some cases, corporate assets.
He also shares a real example of a couple who looked fine on paper but lacked clarity about how much they could actually spend in retirement. Could they continue to travel South for the winter like they always had, or was money too tight in retirement? With Wes’s help, they discovered that with the right plan, they could enjoy their retirement with confidence.
If you would like to explore your own retirement income plan further, you can register for an in-person retirement seminar (held in BC and Alberta): https://seravuefinancial.ca/seminars-events/
Or, book a confidential introductory conversation with Wes: https://seravuefinancial.ca/contact/
Wes Forster is an experienced financial planner and the founder of Seravue Financial, based in Kelowna, BC https://seravuefinancial.ca