Whether you are retired or within 10 years of retirement having a clear understanding of your financial outlook for retirement may be more complicated that in looks.  Now, you may be thinking to yourself that things worked out fine for my parents so in the end everything will be fine.....but are circumstances truly the same?

We are living in unprecedented times!

*  Longer life spans - Individuals can expect to be in retirement for 30 years; a much longer period of time to sustain oneself financially.

*  Chronic illnesses - People are not just living longer, they are also often living with chronic diseases such Alzheimer's disease and diabetes; this can come upon us unexpectedly and with extra care costs.

*  Changes in family dynamics - This requires that retirees maintain their independence for their entire lifetime.

*  Historically low interest rates - Retirees will either have to accept very lower interest income from their savings to fund their retirement, or draw income from riskier equity investments that fluctuate over time.

EVENT NOTIFICATION:  I will be giving a one hour presentation on advanced retirement analysis and planning on July 11, 2013 at 11:00 AM, sponsored and hosted by Crofton Manor Retirement Residence at their beautiful location: 2803 West 41^st Avenue, Vancouver.  To register contact me directly at 604-718-7519 or Crofton Manor directly at 604-263-0921.  Space is limited, register today!