Save for retirement 

Registered retirement savings plans (RRSPs) are still one of the most popular ways to save for your retirement. Contributions are tax deductible and taxes are deferred until you withdraw your money. 

Get some help for your retirement 

Your workplace pension gives you advantages that can help you save more so you can retire on your terms. It helps bridge the gap between your personal savings and what you need for your retirement. In some cases, your employer may match a portion of what you contribute. 

Focus on goals, not managing your investments 

Managed solutions are a straightforward way to reduce the amount of time you spend on your investments. These are investment portfolios made up of a diverse mix of funds invested in equities, fixed income, cash and other assets. Professional portfolio managers steer the portfolio through shifting market conditions and help protect against extreme market swings.  

Convert your savings into flexible retirement income 

A registered retirement income fund (RRIF) is like a registered retirement savings plan (RRSP) in reverse – it requires you take minimum annual withdrawals from your savings to help fund your retirement. Access your money when you need it, for whatever you need it, once you retire. 

Your retirement paycheque 

Income annuities can help you step into retirement with the certainty of a steady income stream. It’s a simple way to turn a portion of your savings into regular income – for a fixed period or the rest of your life. You can put a portion of your retirement savings, like your RRSP, into an annuity. 

Grow your money tax-free 

With a tax-free savings account (TFSA), you don’t pay tax on any money earned or withdrawn. You can contribute to a TFSA at any time, and your unused contribution room is carried forward each year. Use these savings for education, a down payment on a home or other large expenses. 

Protect your business 

As a business owner, it's important to consider how you can protect your business. I’ve got the solutions that can help keep your business running smoothly if anything happens to you or your partners. 

  

Help your employees build more secure financial futures 

Benefits and retirement savings plans can help you attract and retain employees and give them resources to help improve their physical, financial and mental wellbeing. I can help you determine what kind of plan will work for your employees and your business. 

Murray Parks, CFP®, CLU, CH.F.C.

Financial Planner | Investment Representative
President

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