As with most plans, ideally first determine the end goal - what does a successful retirement look like to you. Understanding what your objectives are will help you when deciding what direction to take and how much is needed for funding.
When designing a retirement plan, taxation is an important factor, you want to take full advantage of the "miracle of compound interest" by using tax sheltered growth. Also whether or not contributions are deductible is also a consideration. What about taxation of the income received at retirement.
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You will find additional information on my website www.jpw.ca
If you would like to work with a local Retirement Planner, you could start with a Google search. For example if you search for: retirement planner Halifax or retirement planning Halifax, my name along with several others will come up. You can use the same method to find Retirement Planners in your community.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
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When designing a retirement plan, taxation is an important factor, you want to take full advantage of the "miracle of compound interest" by using tax sheltered growth. Also whether or not contributions are deductible is also a consideration. What about taxation of the income received at retirement.
.
You will find additional information on my website www.jpw.ca
If you would like to work with a local Retirement Planner, you could start with a Google search. For example if you search for: retirement planner Halifax or retirement planning Halifax, my name along with several others will come up. You can use the same method to find Retirement Planners in your community.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.