Financial & Retirement Planning
Our financial lives are complicated.
At every stage, there are critical decisions to make and actions to take. There is a wealth of information available, but knowing what is accurate, which of it applies to you, and what the best solutions are for your unique situation can be overwhelming, frustrating, and time-intensive. This is where our personalized financial service combined with high-level financial expertise can move you forward with confidence.
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Retirement planning is a very important part of holistic financial planning. It involves determining retirement income goals and what's needed to achieve those goals. It includes identifying different income sources, sizing up expenses, implementing a savings program, minimizing tax liabilities, and managing assets and risk.
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Our team at Wisdom Wealth offers complete financial budgeting and retirement planning using our knowledge, expertise, and detailed software. Our goal is to reduce taxes, increase after-tax income, and increase the net estate of your loved one.
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Plan Options
Depending on your family situation and financial assets, we have generally 3 major plan options for you to choose from. Besides, we have investment planning, estate planning and tax re
Individual Financial Plan
Interested?
For individuals looking to build a clear retirement and estate plan.
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Recommendations on credit, and budgeting.
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A clear and detailed plan to maximize cash flow while minimizing taxes.
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An ideal laddered Income strategy built around different stages of your retirement.
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Expert strategies on when and how to collect CPP and OAS.
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Defined Benefit Pension planning for what to do if you commute your pension.
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Tax planning around investment and income withdrawal to complement both the estate and retirement plan.
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Insurance planning to have peace of mind during retirement and after you are gone.
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Will and estate planning to simplify things and to minimize tax bills for your loved ones.
Household Financial Plan
Interested?
For households who want to optimize their financial life
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Everything in the Individual Financial Plan, plus...
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Spousal income splitting optimization to maximize tax efficiency.
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Registered account withdrawal plan taking into consideration situations from both spouses.
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The ideal CPP and OAS timing that compliments both spouses within the planning.
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Stress tests to ensure the longevity of the plan if one spouse or partner passes prematurely.
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Leveling of average tax rates between the spouses to ensure optimal tax efficiency.
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6 months of post-delivery support from our team of financial experts to answer questions and provide guidance.
Corporate Financial Plan
Interested?
For professionals and small business owners with a corporation
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Everything in the Household Financial Plan, plus...
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Corporate income and tax planning so that your business is running effectively and tax efficiently.
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Cash flow planning and utilization, considering business operation and tax efficiency.
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Capital Dividend Account planning and utilization.
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Transitioning your assets from corporate to you with tax efficiency
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Corporate insurance planning related to key persons, and shareholders, taking into account both protection, tax efficiency, and cash utilization.
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Alternate scenarios for retirement with detailed cashflow and tax analysis including sale of real estate, delaying CPP, inheritance, and sale of business.
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Will and estate planning for shareholders to simplify things and to minimize tax bills for your loved ones.
At Wisdom Wealth, our financial planners are experienced Certified Financial Planner ® professionals, with elite Chartered Life Underwriter® and Trust and Estate Practitioner® designations. Why is that important? It means they have the knowledge and experience to develop an in-depth, tailored, holistic financial plan that is designed only for you and is always in your best interest.