Medical and Health Care Options for Retirees

While working many Canadians have medical and health insurance as an employee benefit. Their company often pays for a substantial portion of the coverage, and most often medical and health insurance expires when you retire.

How much income do you need in Retirement?

How much income do you need in Retirement?

Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CFP® The following is an excerpt that describes how much income you need in retirement –   “You’ve been retired for a while. How much income do we actually need in retirement, Uncle Wayne?”  How Much Income Do You Need in Retirement? Uncle […]

How do you Develop a Diversified Portfolio?

Diversified Portfolio

Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CFP® How do you Develop a Diversified Portfolio? “So how do you actually develop a diversified portfolio?” asked Sally. “I understand the basics between bonds and equities, and clearly I haven’t been doing as much research and reading as Alice. How do […]

What are the Retirement Income Planning Options?

Excerpts from the Book – Preserving Wealth – written by Jack Lumsden, MBA, CFP® Retirement Income Planning Options “There are five main options to achieve the cash flow you desire from your own assets: income only investing income focused investing. guaranteed income: life income annuity/guaranteed income products total return investing: diversified portfolio combination of the […]