Meet David & Lori
“We’ve spent years building our wealth. Now we want to enjoy it.”
David and Lori had spent decades building successful careers and a substantial nest egg. They had enough assets. What they didn’t have was a coordinated retirement income strategy connecting their pensions, government benefits, and investments.
- Both 63, planning to retire at 65
- Combined pension income of $70K/year, plus $1.47M across RRSPs, TFSAs, and non-registered investments
- Home worth $1.3M with a $95K mortgage
- Investments and retirement income sources had never been brought together into one strategy
- Their $1.47M portfolio had never been stress-tested against their retirement income goals
- No clear sequence for which accounts to draw from first, or how that would affect their taxes
- CPP and OAS timing could significantly affect their lifetime income and OAS clawback
- No strategy for balancing retirement spending with their $750K legacy goal
- A retirement income projection combining pensions, CPP, OAS, and investment withdrawals
- A CPP and OAS timing strategy
- A tax-efficient withdrawal sequence across their RRSPs, TFSAs, and non-registered accounts
- A wealth transfer strategy to help preserve their $750K legacy goal
David and Lori now know how their pensions, government benefits, and investments work together throughout retirement.
The question changed from “Do we have enough?” to “How do we use what we’ve built?”
After decades of building their wealth, they finally have a plan for enjoying it.
Illustrative client scenario based on situations we commonly encounter. Names and details have been changed.
