Retirement planning for Canadian Women
Women’s Wealth Canada Blog
Stay informed about Canadian retirement investment accounts, estate planning, protecting yourself from scams, and more with Glory Gray's monthly blog. Empower your financial future with the Women's Wealth Canada Podcast and blog.
Financial Planning: Why Wealthy Women Need It
Canadians who have a written financial plan have over 30% more money and over 50% more confidence in their financial situation than those who don’t have a written financial plan. That’s the result Dr. Preet Banerjee found from his doctoral thesis research.
Would you like to have more money and more confidence? Maybe it’s time to hire a financial planner and start reaping the benefits financial planning can bring to you.
Today we’re talking about Financial Planning: What it is and Why Every Wealthy Woman Needs It. Read on!
5 Ways to Recharge Your Financial Goals in 2024
What financial goals did you set for yourself last year? Which ones did you achieve and which are you still working on? Which ones do you need to work on first?
What goals no longer serve you? Life changes every year. Our goals do too. Let it go if it’s not going to make your life better.
In this episode, we will dive deep into the five essential ways to revive your financial goals.
Avoiding Retirement Potholes
I've written a fair amount about the perks and freedoms of retirement. Without a doubt, the list of retirement pros is long.
However, like all parts of life, retirement also has its downsides. Below are a handful of strategies to help you avoid some of the potholes that can arise after leaving the paid workforce.
What Kind of Financial Advisor Is Best For You?
I had someone come to me the other day, and say, “I have big plans for my future, and I want someone who can help me figure out all the moving pieces. I’ve talked to my financial advisor and he doesn’t seem to be able to provide the kind of help I’m looking for. Do all financial advisors provide the same products and services?” she asked.
Real Estate Riches
As we approach retirement, generating income becomes a top priority. While the housing market can provide a viable source of income, it is important to remember that real estate is a long-term investment and no prices are guaranteed to increase.
How to Plan for Changes in Your Health and Lifestyle in Retirement
One year you might change your shower by adding a shower bar and a seat. Then you might adjust the threshold so that you don’t have to step up into it. Then you might install a chairlift to get you upstairs. Then you might move your bedroom downstairs. As I said, we just need more equipment. And the more you are able to adapt your home, the longer you’ll be able to stay in it.