We know how exciting retirement can be after years of hard work. So have you considered how you are going to spend your “me time?" How long you’ll live is an important factor that impacts how long your money needs to last. Canadians are living longer than before, which means you’ll likely need more to support your retirement dreams. Do you think you’ll spend less in retirement? Some say you’ll spend the same, or maybe even more. To help you position for a bright future, you can take these steps as you move closer to retirement.

1. How to prepare a
Financial Plan to
help you adjust to
Retirement

2. We know how exciting retirement
can be after years of hard work. So
have you considered how you are
going to spend your “me time?"
How long you’ll live is an important
factor that impacts how long your
money needs to last. Canadians
are living longer than before, which
means you’ll likely need more to
support your retirement dreams.

3. Do you think you’ll spend less in retirement?
Some say you’ll spend the same, or maybe
even more. To help you position for a bright
future, you can take these steps as you
move closer to retirement.

4. Estimate how much money you’ll get from the
government and your employers.
Estimate your living expenses and lifestyle needs.
Review your investment portfolio with your
advisor to find out if you’re on the right track to
achieve your goals.
Three to five years
before retirement

5. One year before retirement
Confirm eligibility and amounts of retirement
income from all sources.
Review estate planning.
Work with your advisor to put the finishing
touches on your customized retirement program.

6. Update your beneficiary
information.
Apply for government benefits.
Apply for retirement income from
your workplace plan.
Six months out

7. It’s important to have a retirement
income strategy that sets the stage
for a long and enjoyable retirement.
Part of creating a plan that works
for you involves setting realistic
expectations about yoursaving and
spending habits. Working with our
advisor will help you stay focused
on the things that matter, rather
than the checks and balances of
financing your retirement.

8. 18558687878 csteam@trustlife.ca
www.trustlife.ca