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- 55 Crockford Blvd, Scarborough, ON M1R 3B7
- hello@www.policydirect.ca
- 647-274-9670
- Monday to Friday: 9am to 6pm
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Schedule A Call
647-274-9670 -
55 Crockford Blvd,
Scarborough, ON M1R 3B7 -
Our Working Hours
Mon - Sat: 8 am - 6 pm
Retirement Planning
Investing With POLICYDIRECT
Our licensed financial services representatives are here to assist you in creating a complete investment portfolio to meet your investment goals.
Portfolio With POLICYDIRECT
We utilize the traditional investment tools along with the latest investment planning techniques to create investments that work for you.
Investing Made Easy
We offer the advice, solutions and resources you need to reach your goals. And we do it in a way that always puts you first.
Planning For Retirement
Let’s secure the future you worked for
Whether you’re only thinking about it or are already retired, good retirement planning is what it takes to succeed. Together with our advisors, you can create a strategy and set the stage to enjoy your golden years. We’ll tailor our solutions to fit your lifestyle, habits and aspirations.
Retirement is a whole new stage in your life, and it should be on your terms. We can help you prepare and plan out every part.
Planning Retirement as an Individual
The reason an emergency fund is an important piece to your retirement savings plan is so that when that emergency comes up, you will not need to touch your retirement fund. Once the emergency has passed then you can start to replenish your emergency fund. It’s also important to include the cost of inflation and life expectancy in your planning.
A good retirement plan considers how you want to live, where you’ll be, whether you want to travel, and what activities you enjoy. List your short-term goals, medium-term goals, and long-term goals, and assign each a dollar amount. Again our Associate can help with these things with our proprietary software.
Trusted Customers
Types of Retirement Income and Savings Accounts
Retirement plans and income may come from government programs, benefit pensions, mutual funds, segregated funds and your personal savings. The Service Canada website is specially designed to help you find all the information you need for their part of your plan before, during and even when you’re in early retirement.
Registered Retirement Savings Plan (RRSP) & Tax-Free Savings Account (TFSA)
A Canadian Registered Retirement Saving Plan is a type of investment account that allows you to save money for the future while getting tax relief on current income that is set aside for this investment. Your retirement savings and investments will grow tax-free until you withdraw them at retirement, generally into an annuity, an RRIF, or lump sum.
A TFSA is a registered investment or savings account that you can use to achieve any savings goal. You can invest money in a TFSA and not pay tax on the interest it earns, and you can withdraw money from a TFSA without paying any penalty or tax.
Old Age Security (OAS) & Canada Pension Plan (CPP)
These are the two major government pension programs that people can receive retirement plan funds from. Employees contribute automatically to CPP in their working years so that retirees can withdraw an income once they retire after age 60. The OAS is funded out of general tax revenue and isn’t dependent on you having paid into that system.
Life Insurance
Life Insurance can provide a lump sum of money that can provide income or cover unpaid taxes realized at death to allow your loved ones complete access to your assets. Everything you’ve worked hard to build for your family can stay with them when you’re gone, all from the proceeds of life insurance policies.
Ready to Retire? Turn Savings into Income
Your retirement income comes in many forms. You may have a guaranteed income from work, Canadian (or Quebec) Pension Plan, Old Age Security and your own savings. We can help make sure that what you have is enough for the life you want, and the money you invested is available if you need it.
Registered Retirement Income Fund (RRIF)
It’s time to live the life you saved up for. Converting your RRSP into something that can allow you to have the life you envisioned is the first step. Learn all the know-hows of this process.
Annuities
Invest your savings into a stable and regular paycheque for life with a life annuity. Income annuities are an easy way to help ensure your needs are covered throughout retirement.
Take Care of a Legacy
Estate protection is a way to know your hard-earned legacy will be passed on to the people and causes you care about.
It helps you protect and potentially grow your wealth, secure a smooth estate transition and avoid unnecessary fees in the process.
PROBLEMS
THAT WE CAN SOLVE
- Evaluating your current financial position.
- Tolerance for risk assessment strategy.
- Assessing your future financial needs and goals.
- Creating a custom investment portfolio that meets all your investment and retirement needs and goals.
- Manage and monitor your investments over both the medium and long term.
- Assist you in planning for the unexpected. Updating your financial plan if ever there are changes in your financial situation.
BENEFITS OF
INVESTMENTS
FROM POLICYDIRECT
- Free no obligation consultation.
- No out of pocket cost by you to our representative ever.
- Proprietary Analytical Software Technology to create strong performance and financial outcomes for our clients.
- Professional team of financial services associates to manage your investment portfolio.
- Professional attention and top-notch customer care.
- Ongoing consultation over the phone, on your schedule to make it easy and comfortable for you.
TRY OUR INVESTMENT ADVICE
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READ THE ARTICLES
What’s Happening
- By admin
- Sep 09, 2022
New Federal Luxury Tax
A new federal luxury tax is going into effect for motor vehicles with a retail value over $100,000 and personal …
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