In the lead up to the end of our working years, it can be easy to let financial retirement planning fall by the wayside. You have been working hard for many years, doing a little bit of planning and saving along the way. Unfortunately, however, this is often not enough. As seen in the below infographic from GetSmarterAboutMoney.ca, many Canadians are faced with unpleasant financial surprises during retirement. Unexpected costs, being forced to retire earlier than anticipated, and a lack of financial advice can all play a role in disrupting a happy retirement.
Read on to learn more about the three main lessons learned by retirees, including expecting the unexpected, the need for a retirement plan, and pursuing financial advice for retirement. The infographic also covers next steps on how to begin the financial planning process for your retirement years. As it makes clear, it is crucial to make every effort to prepare for your financial future. We hope you find it helpful!
Click on the infographic to enlarge.
For assistance with preparing for your financial future, particularly Lesson 3 as seen above, please do not hesitate to call our office to arrange a no obligation meeting. Learn more about the Winstanley Business Advisors team and/or our services.
(Infographic via GetSmarterAboutMoney.ca)
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