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RBC Financial Planning - Investment Planning

Retirement Income Planning Strategies to Maximize Cash Flow

 

Transition from building your nest egg to enjoying it!

When you retire, it's important to ensure that your resources will support you throughout retirement. It doesn’t have to be complicated; with some thoughtful planning, you can ensure that your cash flow needs will be met.

The information below will help you understand the investment risks you need to manage, and offer retirement income planning strategies to help you develop a solid retirement plan. And, when you're ready, an RBC financial advisor can help you put these strategies into action.

Key Investment Risks When You Retire

Knowing the investment risks you face upon retirement will help you understand why the strategies below are so important.

Five Retirement Income Planning Strategies

Ready to learn how to increase your cash flow and minimize the taxes on your retirement income? Consider these five strategies:

Maximize after-tax cash flow
Include growth-oriented investments in your portfolio
Choose the appropriate withdrawal rate
Tap your retirement investments in the right order
Coordinate your registered and non-registered investments

Case Study

Want to know even more? The following case study takes an in-depth look at a common investment scenario:

When all your assets are in a RRIF

Whether it’s through one of our portfolio solutions, a custom-tailored portfolio to meet your specific cash flow needs, or a Systematic Withdrawal Plan (SWP) to provide you with automatic deposits, an RBC financial advisor can help craft the appropriate strategy for you.

Please stop by your nearest branch and ask us to review your retirement income plan with you, or reach us by phone at 1-866-365-2123. RBC has a lineup of retirement cash flow solutions to help you make your assets last so you can retire with confidence.

Important information about our financial planning services can be found at the bottom of our homepage.

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