How Much Money Do I Need To Retire?
Nic Tustin, BA Econ
I show Canadians how to turn their savings into income for retirement.
The investment world is changing. Many investors are looking for their investments to reflect their values and you want your investments to do the same. Responsible investing is being socially conscious without giving up investment growth.
When it comes to investing, Canadians love their home and native land. This historical bias means your investments are vulnerable to at-home risk. Canada makes up less than 3% of the world's financial market. So if you're only investing in Canada, you're missing out on 97% of the world's investment opportunities. Achieve true diversification by exposing your portfolio to a world of opportunity.
If you suffer from a lack of retirement planning or have employment that doesn’t offer a pension, then this message is for you. Here’s why:
You do it all! You're unstoppable! But when it comes to retirement, you might not feel ready because you're worried you haven't saved enough. You work hard before retirement and you deserve to take this next step with confidence. The primary problem is the new employment landscape rarely offers their workers Defined Benefit Pension Plans. A company now will contribute or match a set amount with no guarantee what you will get when you retire. Exponentially different. One hands off. One completely hands on. Which are you?
You can now create your own pension, with my help. And you need to realize there is a cost to NOT dealing with this. It is a pleasure working with clients that roll up their sleeves when we are together. They care about balancing today with the future, they care about their family and friends, and they value surrounding themselves with assurance.
If You Ignore Your Retirement Planning, You Are Missing Out
What kind of investor are you? Adventurous? Cautious? All investments have risk, some more than others. Regardless what you’re saving for, you want to feel your investments are providing stability in all market conditions while helping you take advantage of growth opportunities.
We can help you build a plan, so you can afford the retirement you want. We provide expert advice to help you choose the right investments. It's time to take charge of your money and ensure your loved ones are taken care of! As the years pass, we continually refine the financial plan we build together to align with your evolving life. I inform my clients of industry changes and high-level choices keeping expectations and risk management in check.
What most people do when facing low, or no retirement savings is to try shiny new investments that come along. Cryptocurrencies, Cathie Wood ETFs, speculative stocks, NFTs, and the list goes on. But for most people, none of that works.
And what happens if you just do nothing? If you keep doing what you’ve been doing? You go broke and mutter something about a “bad economy”.
How I Can Solve Your Retirement
I’ve got an answer that works. Here’s the story:
You’ve been saving for your future. It’s important to you for your investments to continue to provide long-term, stable growth to help you achieve your goals. But you’re uncomfortable taking on risk with all the market uncertainty. Watching the markets takes a lot of time and energy.
On top of that, you’re unsure which investments to choose. Prepackaged investments are within reach to you at your banking institution. Products relentlessly offered to you claiming tailored solutions in one-fits-all products with zero customization. One investment. One basket. One fund to rule them all. Basic and unequivocally boring.
I create diversified portfolios based on mathematics. Algorithms. Less guesswork, and more structure when it comes to investing to help you reach your targeted retirement goals. Tax planning is an ever-changing process because of various reasons such as varying tax laws, tax rates, tax brackets, and credits. Your income at retirement time will have a direct impact on the taxes due to the government.
Let experienced professional take care of day-to-day investment diversification. I monitor and adjust the portfolio as markets change. Use sophisticated, modern strategies to help you navigate uncertainty, achieve growth and income while reducing risk. Keeping you in the markets, even when they’re volatile. This means a smoother investment experience that will help you reach your goals. Investing doesn’t have to be perilous, complicated or unpredictable.
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It Worked For These People, and It Will Work For You
Our experiences and goals shape each of us differently. We’re unique. So why would you have the same investments as everyone else? It’s time to get more personalized. Here’s what a plan did for these clients:
"This was my first experience with a financial planner. Nic took the time to explain everything to me. He is very patient and thorough. We talked about my goals and plans for retirement. We also talked about my comfort level when it comes to the the ups and downs of investing. I felt very comfortable with Nic. He is down to earth and very knowledgeable. I would highly recommend Nic to anyone needing a financial planner. I feel much more comfortable with my investment plan because of Nic and look forward to working with him for all my investment needs." - John
“Having Nic as an investment advisor has been amazing he takes his time to evaluate my portfolio when necessary and he also let me know how the market is doing and re-balance my portfolio when needed. I have had other investment managers in the past who just let my money sit in the account without doing any rebalancing our reevaluation regardless of how the market was doing, they never contacted me but Nic contacts me many times (probably every three months) to see how things are going and where I want my money to go. I am over all very satisfied with his work and I always recommend him to my friends and colleagues.” - Dorigien
“Really enjoy working with Nic on everything from insurance, to retirement savings and child education plans. He is extremely knowledgeable and his results have proven he is trustworthy.” - Joe
Finally It’s Your Turn
When you become a Canada Life client you’ll join us, and other investors:
I offer a service that is tailored on a one-to-one basis. It’s important that you understand what these investments and services cost. So we’ll walk you through any fees before you get started to make sure you’re comfortable and onboard.
Its Decision Time
You have a choice to make: Do what you’ve been doing. Do nothing at all. You know where that will lead . Is that really where you want to go? Take new actions and get new results.
Financial advice is more important than ever before. Anyone can retire. But are you going to be comfortable? I am a first-generation financial advisor serving investors, professionals and business owners. Born and raised in London, I graduated from the University of Waterloo in Economics, which eventually led me to the new Canada Life. Financial literacy has become a passion of mine completing investing and insurance courses Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Wealth Management Essentials (WME), and the Life Licence Qualification Program (LLQP).
I am located in the heart of “The Forest City.” More specifically our building is situated between One London Place and Victoria Park. Our central office is in one of London’s most famous buildings built in 1927, the “London Life Insurance Company,” recognized for the property’s phenomenal landscaping. I want to help make sure Canadians are getting the best advice possible. Advice when it’s needed most. Because a little guidance today, can do a world of good tomorrow.
Nic Tustin, B.A. (Econ)
nicholas.tustin@canadalife.com