Will you have enough retirement income to fulfill your dreams?
Today, many of us are living longer and retiring sooner, so it’s important to know that there will be an adequate and constant income flow available when we retire. However, it can be difficult to know exactly how to prepare for retirement, and ensuring a consistent livable income after you retire relies on several factors.
How much should you save for retirement?
To retire comfortably, it is suggested roughly 70% or more of your pre-retirement income should be targeted as your annual retirement income. However, the law limits how much money can be contributed per year into a Registered Retirement Savings Plan (RRSP), and these limitations may result in a significant shortfall in retirement income, especially with an increasing average life-expectancy.
Fortunately, with our Retirement Enhancer strategy, you can supplement your retirement income, and pay no taxes on the supplementary amounts.
What is Retirement Enhancer?
Retirement Enhancer is a strategy to help you accumulate funds on a tax-deferred basis and use that accumulation in the future to access additional funds to supplement retirement income that will not be subject to income tax. Essentially, this is a strategy that allows you to save more tax-deferred money than you could through maximum contributions to your RRSP alone.
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Faraidoun (Frank) Akhavan
Office 205 - 3994 Shelbourne Street
Victoria BC, V8N 3E2
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Regarding Lindsay Cooper, the reviewer who gave a one-star rating, I don't think their reaction/comments were fair or appropriate. Cold-calling is one form of generating business for some companies. If it didn't work, no one would be doing it. It's not like they have products on a shelf at Walmart. Believe it or not, some people actually appreciate it, because they may have been wanting to invest, but didn't know where to start. Additionally, financial planning must be a worthwhile endeavor, considering Frank's been in the industry for over two decades.
Also, it is up to the individual to confirm what their call display says, not just assume. It is not a scam to have a name that is similar to another company. You just have to actually read it.