Retirement / Investments

Most of us work so that one day, we won’t have to. Whether you are considering a plan for your employees or a personal portfolio, a GMS advisor can help you make your retirement dreams reality.

Concerns surrounding the future of government sponsored pension funds (ex. CPP) and the aging population makes saving for the future a priority for most Canadians. As such, employer-sponsored plans are vital to attracting and retaining valuable employees in today’s market.

Retirement Facts:

• Retirement savings plans are a tax effective way to save for the future
• You will need 60%-80% of your pre-retirement income after you retire to live the same lifestyle you're living today
• Compounding interest within your RRSP will substantially increase your retirement fund so the sooner you begin investing, the better off you’ll be.
• only 53% of workers surveyed have tried to determine how much they'll need to save for a comfortable retirement