At Retirement

Free at last! Retirement is your time to enjoy life the way you have always dreamed you would. You can take long walks, catch up on your reading, spoil the grandkids - even visit Europe! Now that you're here, what's next?

Identify Needs
Though you aren't working anymore, there are many financial needs to think about when you retire - in some ways, maybe even more. You may have questions about when and how to your Canada Pension and Old Age Security cheques get deposited - or want to know how to potentially increase your retirement income even while you are retired.

But before you do anything, just take a moment to reflect. We know it's overwhelming to think about all these situations at once. But with the right planning, you may be able to live in retirement just as you did when you were working.

The Big Picture
Take it one step at a time. First, it's important that you put yourself on a budget so you don't run the risk of outliving your retirement savings and determine whether you may be able to establish an income stream from your current investments that can take care of your current bills.

Once that's accomplished, you can take a close look at your investment portfolio to determine if your investments provide both income and growth potential and to determine if these investments are still meeting your financial goals and objectives. You never know, there may be other investments that can help you reach those goals as well.

Get Started
As you get ready to retire, it's important to ensure that you will be able to do all the things you said you would do when you reached this point in life. Learn more about how Edward Jones approaches your needs. Then contact your local Edward Jones financial advisor*, who will be happy to help you identify and prioritize your financial goals and track your progress toward achieving them.