Planning for retirement can feel overwhelming, especially with so much at stake. Living in Burlington, we are part of a community that offers a mix of urban amenities and close-knit neighbourhoods. As we approach retirement, it’s important to ensure that we’re financially prepared for the years ahead.
Burlington’s population is aging, with over 29,000 residents above the age of 65. The median income here is around $48,000, and many of us rely on employment insurance benefits. Despite this, a significant number of retirees and pre-retirees feel uncertain about their financial future.
Studies show that a large percentage of retirees face unexpected expenses, and many pre-retirees aren’t confident about how much they’ll need to cover their costs in retirement. In fact, 32% of retirees say their monthly expenses are higher than expected, often due to unforeseen health issues or other surprises.
That’s where a retirement advisor can make a real difference. By working with a professional, you can create a personalized plan that takes into account your unique situation. An advisor can help you navigate government benefits like CPP and OAS, understand your pension options, and develop strategies to protect your savings from inflation and market fluctuations.
Many people in our community haven’t set aside enough for retirement, and some are concerned about running out of money. A retirement advisor can provide guidance on saving strategies, investment options, and ways to manage debt. They can also help you plan for unexpected events, ensuring you’re better prepared for whatever the future holds.
It’s not just about finances; it’s about peace of mind. Knowing that you have a solid plan in place allows you to enjoy your retirement years, whether that means spending time with family, pursuing hobbies, or travelling. In Burlington, with our wonderful festivals and beautiful surroundings, there’s so much to look forward to.
If you’re over 50 and thinking about retirement, consider reaching out to a retirement advisor. Together, we can work towards a secure and fulfilling future.
How Aleph Retirement Planners Helps
As residents over 50 in Burlington, we know that planning for retirement can be challenging. Rising living costs and concerns about inflation make it natural to feel uncertain about the future. Unexpected health expenses or the possibility of outliving savings can add to the worry.
Without a clear financial plan, it’s easy to feel overwhelmed by questions about how much we’ll need and how to prepare for unforeseen events. Many of us may not have considered the impact of health care costs or the importance of having a strategy for our savings.
Aleph Retirement Planners offers services like retirement income planning, investment management, and health and long-term care planning to help us navigate these challenges. They also provide assistance with debt management, pension optimization, and estate planning, aiming to secure our financial future.
By working with professionals who understand our unique needs, we can take proactive steps towards enjoying life in Burlington without financial stress. With the right strategies in place, confidence during our retirement years is within reach.
Pre-retirees
Pre-retirees in Ontario often face uncertainty about their financial future, with many lacking investment products or a clear plan for retirement. Rising costs, including inflation and housing, add pressure, while unexpected expenses can disrupt their savings. Many worry about running out of money or needing to work longer to achieve financial security.
Retirees
Many retirees in Ontario face unexpected costs, higher-than-anticipated monthly expenses, and a heavy reliance on government benefits like CPP and OAS. With rising inflation and increased living costs, managing a fixed income can be challenging. Without careful planning, there’s a risk of outliving savings, leaving many feeling uncertain about their financial future.
Services Offered
Retirement Income Planning
Investment Management
Manage your investments wisely to grow your retirement savings and reduce risks in today's economy.
Tax Income Strategies
Discover strategies to lower your taxes during retirement, so you keep more of your money.
Health & Long-Term Care Planning
Plan ahead for health care and long-term care expenses to protect your savings and peace of mind.
Estate Planning
Ensure your assets are passed on according to your wishes, making it easier for your loved ones.
Debt Management
Reduce your debt before retirement to improve your financial security.
Savings Strategies
Build up your nest egg with a savings plan that helps you reach your retirement goals faster.
Pension Optimization
Learn effective ways to boost your savings to reach your retirement goals.
Insurance Review
Review your insurance policies to ensure you're properly covered for retirement.
Cash Flow Analysis
Understand your spending patterns to manage your cash flow effectively during retirement.
Home Equity Planning
Explore how your home's value can support your retirement plans.