Investors Group
2345 Yonge St Suite 601 M4P 2E5 Toronto, ON, Canada

64% of retirees find it hard to strike a balance between enjoying retirement and making money last. Whatever your plans, our team will consider your financial goals and help find the path to get you there. #retirementplanning #investorsgroup #financialadvisor

Back in the 70s, the average Canadian entered the workforce at 20, worked for 46 years, retired at age 66 and passed away at 71 years of age. That makes for a 5-year retirement which was relatively easy to plan for. Now let's fast-forward to today where the average Canadian enters the workforce at 25, works for 37 years, retires at age 62 and passes away at 81 years of age. That makes for 19 years in retirement. Retirement for this length of time accentuates the importance of proper retirement planning. For a FREE Comprehensive Review of your Retirement Plan, please contact Steven Herson at Tel: (647)533-0363 or email: [email protected] #retirementplanning #investorsgroup #financialadvisor

Inflation rates are currently low at about 2%, but even these low rates can have a devastating effect on retirement assets. At 2% inflation, the purchasing power of a dollar is reduced by more than 30% after 20 years. At 4% inflation (which is the average inflation rate over the past 50 years) buying power is reduced by almost 55% after 20 years. With so many Canadians living 20 to 30 years or more in retirement, inflation will have a dramatic impact on their spending power during this time period. How are you preserving your money from the effects of inflation? For a FREE Comprehensive Review of your Retirement Plan, please contact Steven Herson at Tel: (647)533-0363 or email: [email protected] #retirementplanning #investorsgroup #financialadvisor

Those working with an advisor for 7-14 years accumulate 99% more, and after 15 years with a financial advisor, an investor accumulates 173% more assets than an otherwise non-advised household. Also, households using advisors had an annual savings rate of 8.6%, versus only 4.3% for non-advised households. In other words, financial advisors encourage better financial decisions. Source: Financial Post 'Financial advisors good for more than advice' #retirementplanning #investorsgroup #financialadvisor

Your investments are a vessel to provide income for the things you enjoy most and that are most important to you. Our focus on nearly retired and recently retired clients allows us to provide tailored solutions and advice that general practitioners are unable to match. For a FREE Comprehensive Review of your Retirement Plan, please contact Steven Herson at Tel: (647)533-0363 or email: [email protected] #investorsgroup #financialadvisor #financialplanning