Remember when the perfect picture of retirement was a grandmotherly woman and a grandfatherly man sitting on a porch knitting and whittling away their sunset years? Well, maybe that was once an accurate depiction of retirement but it certainly isn’t today. Today’s retirees are active and looking forward to many years of excitement, fulfillment and fun!
What have you got planned for retirement – travel to terrific locations, RV-ing across the continent, volunteering for your favourite charity, adding to your education, or even starting a new business?
Whatever your retirement plans, you need a few things to make your retirement dreams come true: good health, a positive attitude and, of course, money. That’s why you’ve built your retirement savings for so many years – because you know your good financial health is essential if you want your third age to be as wonderful, personal and fun-filled as you wish.
Sure, you’ll have to use some of your nest egg income to cover essential expenses for food, health care, utilities and other everyday living costs. But how you choose to use the rest of your money is entirely up to you. The key is to make sure you have enough money to fund your essential needs and fun interests – whatever they may be – for all your retirement years. And that takes planning – the same kind of planning that went into building your retirement nest egg in the first place.
Your retirement financial plan should make sure your hard-earned investments last longer and go farther. It should ensure a steady, predictable cash flow that will cover all your expenses. And that means being very selective about your investment options.
Talk to your professional advisor about the best ways to cash in on the retirement of your dreams – and keep them well-funded for life.
Want to know how ready you are for retirement and how to get the most out of your retirement years? Go to www.investorsgroup.com and take the interactive Investors Group Retirement Readiness™ Quiz. It’s a great way to assess your emotional, financial, social and physical preparedness for retirement. And don’t forget to have fun.
This column, written and published by Investors Group Financial Services Inc.(in Québec - a Financial Services Firm), presents general information only and is not a solicitation to buy or sell any investments. Contact your own advisor for specific advice about your circumstances. For more information on this topic please contact your Investors Group Consultant. Insurance products and services are distributed by I.G. Insurance Services Inc. (in Québec - a Financial Services Firm). Insurance licence sponsored by The Great-West Life Assurance Company outside of Québec.