I will work extensively with Adam Kerlinger, our Director of Wealth Planning, to help you plan astutely to achieve the retirement you have envisioned. This involves more than simply setting aside enough money to last 30 years or more – we will integrate all aspects of your financial picture to simplify the wealth management process through a holistic plan:

  • Examine your family dynamics, health, lifestyle, and community matters.
  • Analyze your finances, pension plan, insurance policies, employment retirement package, and expected income from Canada Pension Plan (CPP) and Old Age Security (OAS).
  • Help you generate a tax-efficient income stream from your investment portfolio.
  • Review any budgeting or lifestyle changes that may be needed.
  • Review any health issues and your longevity expectations.
  • Consider setting up a family trust and private foundation.
  • Liaise with BMO Private Wealth specialists to discuss preparing your company or practice for sale or transfer, and the potential role it may play in your retirement lifestyle.
  • Help you create a legacy for your loved ones and chosen charities.
  • Discuss why you are retiring, how ready you feel for this new life stage, and how you envision your retirement unfolding – where you plan to live, what you plan to do, and major expenses you anticipate, such as your grandchildren’s education or a major trip.