Tailor your retirement plan to meet your unique financial goals and secure your future.
Maximize your wealth with our expert tax-saving strategies, minimizing your tax liabilities.
Ensure a comfortable retirement with comprehensive financial planning services.
Experience peace of mind with our commitment to confidentiality and trust in financial dealings.
At DO FINANCIAL, our retirement planning services in Calgary for all Canadians focus on creating customized strategies that align with your personal and business goals. We understand that each individual has unique financial aspirations, and our expert team is dedicated to providing tailored solutions that ensure financial security and a comfortable retirement. Our comprehensive approach includes assessing your current financial situation, understanding your retirement goals, and developing a strategy that maximizes your wealth while minimizing taxes. With our expertise in retirement financial planning, you can confidently plan for a secure future.
Our secure future services are designed to provide peace of mind and financial stability for high-income earners and business owners. With a focus on wealth preservation and tax efficiency, we offer strategic advice that aligns with your retirement goals. Our knowledgeable advisors are committed to delivering personalized solutions that address the complexities of retirement planning, ensuring you can enjoy your achievements while safeguarding your legacy.
DO FINANCIAL's comfortable retirement planning services provide you with the tools and strategies needed to achieve a stress-free retirement. Our team of experts works closely with you to develop a plan that ensures financial security and allows you to enjoy your retirement years. With a focus on risk management and long-term planning, we help you navigate the complexities of retirement financial planning, providing peace of mind and a secure future.
What You’ve Been Told About Retirement Planning is Wrong
You’ve done your homework around retirement planning. You’ve researched registered retirement savings plans, stayed on top of your RRSP contributions, looked at the best RRSP providers, and then some. But there is so much more about retirement planning that is not usually covered, and that could greatly benefit and enhance your retirement strategy.
Achieve financial security in retirement with DO FINANCIAL's expert services. Our team is dedicated to helping you build a robust retirement plan that protects your assets and ensures a stable income stream. We offer comprehensive solutions that address your unique needs, providing you with the confidence to retire comfortably and securely.
Traditional retirement planning education is not showing you the full picture
There are key financial principles that are taught consistently: put your money into a savings account and invest in a retirement fund. However, there is a critical resource that has been left out of nearly all financial education, and it’s the one that can truly help you grow and manage lasting wealth.
Conventional wisdom and education about retirement planning and money in general, leaves out essential information which banks and the wealthy have used for generations.
The retirement planning process always starts with your why and what you want. Start by learning how you can uncover your true needs and goals by viewing our process here.
Consult with the retirement planning experts at DO FINANCIAL to gain insights into effective retirement strategies. Our team is equipped with the knowledge and experience to guide you through the complexities of retirement planning, offering personalized advice and solutions that align with your financial goals. Trust us to help you achieve a secure and prosperous retirement.
Plan A: Assets of $2,000,000 with no control, risk, and tax payable of $1,000,000.
Plan B: Assets of $2,000,000 with complete control, reduced risk, tax payable of $0, and about the same retirement income as plan A.
Most investors have plan A. Why? Because they are unaware of a plan B and because the government and investment firms benefit when you do plan A.
Related: Preparing for retirement: How much will you need to live comfortably in retirement?
If some of the things you believe to be true about retirement planning turn out to be untrue, when would you like to find out? This article aims to correct the common misconceptions that people have and provide you with better information for your retirement planning.
We help people find money they are losing unknowingly and unnecessarily. Traditional financial and retirement planning does not do this.
Retirement planning in Calgary is more than just a financial task—it’s about creating peace of mind, building a legacy, and ensuring your years post-retirement are as fulfilling and financially comfortable as your working years. Calgary’s growing economy and quality of life make it an attractive place to retire, but that also means careful planning is essential to maximize your opportunities and protect your future.
For high-income earners, business owners, and professionals in Calgary, the stakes are higher, and so are the opportunities. Effective retirement planning in Calgary involves a well-rounded strategy that accounts for lifestyle goals, income continuity, taxes, investments, and legacy building. Whether you're 30 or 55, the earlier and more strategically you begin this process, the better prepared you’ll be when the time comes to step back from work.
By leveraging the right tools and seeking expert guidance, you can ensure your retirement plan is working for you—not the other way around. From managing risk and taxes to investing for long-term growth and protecting your estate, each element of your plan must work in harmony. Let’s dive into the key components of retirement planning in Calgary to help you get started on a path toward lasting financial security.
One of the most efficient ways to save for retirement is through tax-deferred accounts such as RRSPs and TFSAs and tax-exempt accounts like tax-exempt insurance contracts. These tools help you grow your savings without paying immediate taxes on your contributions or gains. High-income earners may benefit from maximizing RRSP contributions to reduce taxable income today while preparing for tax-efficient withdrawals in the future. But not always.
Use our Seed vs Crop calculator to uncover the truth.
👉 https://www.dofinancial.ca/pages/calculators
Relying solely on government benefits or a single pension source may not be sufficient. Building diverse income streams through investments, rental income, or business ventures ensures financial stability throughout retirement. Diversification can protect against market volatility and help you maintain your lifestyle in Calgary’s fluctuating economy.
Proper tax planning is a critical component of retirement planning in Calgary. Strategies like income splitting with your spouse, minimizing capital gains, and using trusts can significantly reduce your tax burden. Efficient planning ensures more of your income stays in your pocket and supports your retirement goals.
Ready to explore personalized strategies for retirement planning in Calgary? Contact our expert advisors today and take the first step toward financial independence.
When it comes to investing for retirement, it’s essential to align your portfolio with your personal risk tolerance and retirement goals. High-income professionals in Calgary often benefit from a mix of equities, bonds, and alternative assets to achieve steady growth while managing risk.
Calgary’s real estate market and energy sector present unique long-term investment opportunities. By strategically investing in these sectors, you can tap into potential growth while hedging against inflation and economic shifts.
Working with a seasoned financial advisor who understands retirement planning in Calgary allows you to access market insights and adjust your investment strategy over time. This proactive approach is essential for maximizing returns and ensuring your investments are aligned with your retirement timeline.
Maximize your returns with expert investment guidance tailored to retirement planning in Calgary. Reach out now for a consultation.
Estate planning is an integral part of retirement planning in Calgary. Drafting a clear will and setting up trusts help avoid legal complications and ensure your assets are distributed according to your wishes. Appointing a power of attorney guarantees that your affairs are handled even if you become incapacitated.
Creating a legacy through family trusts or charitable donations can ensure your wealth supports future generations or causes you care about. Strategic estate planning not only secures your family’s financial well-being but can also offer substantial tax benefits.
One overlooked aspect of estate planning is the designation of beneficiaries on life insurance policies, pensions, and registered accounts. These should be updated regularly to reflect changes in your family or financial situation.
Build a lasting legacy with estate and wealth protection strategies. Speak with our Calgary-based experts in retirement planning today.
Every retiree has unique goals, and your retirement plan should reflect your individual lifestyle and financial vision. Professional advisors in Calgary tailor strategies to fit your exact situation, ensuring your plan evolves with your needs.
Calgary’s economy is distinct, and local advisors offer an edge with their understanding of the region’s trends. Whether it's navigating property investments or timing market opportunities, expert local insight is invaluable.
Retirement planning isn’t a set-it-and-forget-it task. Your plan should be reviewed annually or when significant life events occur. Financial advisors help you adapt to changes such as market shifts, tax law updates, or family transitions.
Ensure your plan evolves with you. Partner with our Calgary retirement planning professionals for lifelong financial confidence.
By using a whole life insurance policy as a financing tool, high-income individuals can borrow from their policies tax-free and reinvest the funds, thereby keeping capital within their financial system.
The earlier you start planning, the greater your financial control. Early planning allows for smaller, manageable contributions over time, which accumulate into substantial retirement savings.
Investing in Calgary’s real estate market can generate passive income while serving as a hedge against inflation. Real estate is a solid pillar in many retirement strategies due to its long-term appreciation potential.
Get ahead with cutting-edge retirement planning in Calgary. Contact us today to learn more about innovative financial strategies that fit your lifestyle.
It’s ideal to begin retirement planning in Calgary in your 30s or 40s to maximize compounding and build a strong foundation for retirement. Starting early allows more time to save and adjust to life’s financial changes.
Business owners in Calgary need to consider succession planning, diversified income sources, and personalized tax strategies. A retirement plan should also address the value and future of the business.
Yes, retirement planning in Calgary often includes strategies like income splitting, capital gains management, and use of RRSPs and TFSAs to reduce overall tax burden and preserve wealth.
Absolutely. Real estate can provide rental income and potential appreciation, making it a valuable component of retirement planning in Calgary, especially in a growing market like Calgary.
A financial advisor brings expertise in local market conditions, tax laws, and investment opportunities. They help tailor a personalized plan to ensure your retirement planning in Calgary meets your goals.
We’ve been conditioned that financial growth only comes from giving up control of your money and transforming your tax-paid money into tax-infected money.
Most investors are balanced investors, yet they unknowingly end up as “risky” investors. Why? Because they have handed over complete control to others.
Some simply want better returns and end up taking more risk than they need to, to get what they need.
But what you really should focus on is the after-tax return, when you do that, you don’t need to take higher levels of risk. We have tax-exempt options that most advisors never offer you - and that provide returns that will pleasantly surprise you!
The recommended minimum savings rate for retirement has always been 10% of your income; if you’re doing this or more, congratulations! The average savings rate pre-pandemic reduced to 5%.
For years, marketers have convinced us that we deserve to have whatever we want without the money to buy it. They tempt us with no money down and low payments more for their benefit. Yes, you buying now helps the economy now. But what’s having it now costing you and your future retirement? When you think about it that way, the price is higher than you think.
I’m not suggesting you should not get what you want, but rather that saving in advance will always reduce what you will pay for everything you want. Saving the capital, you need for what you want in advance just takes time and a little discipline.
But, it’s not enough to save for what you want. Once you have it you need a strategy on how to deploy it.
When you borrow money for something you want, you pay loan interest. This interest is the penalty you pay for not saving first.
Even when you save before you buy you are paying interest. This interest is the opportunity cost lost on your money if you kept it invested.
Earlier in my career, compound interest was discussed a lot more than it is today. Why? Because banks earn more from investment management fees than they do with GICs. The law of compound interest is what Albert Einstein said is the eight wonder of the world. “He who understands it earns it; he who doesn’t, pays for it.” Sadly, more pay it than earn it.
The longer you compound interest, the greater its benefits. How long should you compound for? The answer is for as long as you live.
Tax incentives always come at a cost. To get a tax incentive, you always must give up control over your money.
Registered retirement plans are not tax-free. They are an incentive to save for retirement only to pay tax later, more than the tax you saved initially. Most government sponsored plans are designed so you pay multiple more times in tax than the tax benefit you received initially. Cavet Emptor!
Tax-Free Savings Accounts (TFSA) sound tax-free, but they’re not. They’re an olive branch to make up for the 43% tax you pay on your income every year from all the taxes you pay. We offer TFSAs, but also something that we think is better.
The government provides a tax incentive to sell its agenda. They tell you your income when you stop working will be lower than when you are working; therefore, the taxes on that income should be lower too. Has that been true so far? Absolutely not! In 1961 the average tax rate was 33%. It increased to 46% in 2000. The average Canadian family now pays 44.6% in total taxes. The top 20%, 62.7%! With Covid handouts, and record spending, and government debt up to $1.2 Trillion and compounding at $4.5 Million every hour, what direction do you see it going? Don’t get suckered into their game.
The best asset you can own is a tax-exempt asset.
If you already have some of these tax-infected investments, the solution is to design a strategy to reallocate these tax-infected investments into tax-free investments.
It’s incredible how we have been taught to give up control of what we own in the hopes of a better return. Most investors invest in mutual funds, stocks, and exchange-traded funds. Why? Because that’s where we’ve been conditioned to believe the best opportunity for growth resides. At what cost? You, again, are giving up total control of your money.
Further, to participate, you must play by their rules. One of their rules includes enduring volatility on the whims of the emotion of the major institutional investors who control the sandbox.
Another example of not being in control is being forced to withdraw the money you don’t need from a RRSP (registered retirement savings plan) or RRIF (registered retirement income fund).
Henry Kissinger was correct when he said, “who controls money control the world.”
Next to your home, your retirement assets are the most significant asset you have. Not only do mutual funds, stocks and ETFs require you to give up control to play, but they also have zero protection from loss.
It continues to amaze me the trust people put in investment advisors who only offer hope of returns with no real guarantees of return of their retirement capital. You deserve to know that better options exist.
The banks would like you to believe they are your friends. They are not, especially on rainy days.
Banks have a conflict of interest. They want to lend you money so they can profit from you. Instead of making them rich you can hold your own debt and turn it into assets and make yourself rich.
Another reason you want to own your debt is control. When you own your debt, you play by your rules, not theirs. You also have no need to subject yourself to credit checks.
When the police apprehend a bank robber, they ask them why they stole from the bank. The reply will likely be “because that’s where the money is.”
Everyone knows that the bank is where you keep money, and yes, a chartered bank is one place to warehouse your money, but it is not the only place.
When you have something you want to warehouse until you want it, you, assuming you don’t have room to safely store it yourself, can rent “warehouse” space. They will charge you a fee for that service and maybe some additional services. That’s what a chartered bank does.
You probably didn’t know you don’t have to warehouse your money in a chartered bank. Before the chartered banks came on the scene in the 1930s, people used privatized banks. Privatized banking did not go away, it still exists, but the government doesn’t want to tell you this due to their conflict of interest with the chartered banks.
Under privatized banking, you are the bank owner. As a bank owner, you need to create capital for your bank. That capital is your savings. When you have capital, you can borrow it to deploy for the things and opportunities you want. As the bank owner, you receive profits from things like mortgage and loan payments.
How much wealthier would you be had you known?
If you’re wondering how to be your own bank, you can download our free e-book here.
Related: Two significant reasons you will want to be your own bank
You have been told to accumulate money for retirement and then to decumulate what you have saved to live on in retirement.
A well-structured retirement doesn’t include liquidating your existing investments (assets) to obtain funds to cover your living expenses. Liquidating a compounding asset that is increasing in value is illogical and is not recommended. Yet, this is what most retirement advisors promote. The wealthy keep their capital. You should too!
Leveraging your compounding assets is the better option when you own your debt.
Did you know that you are a contributor to inflation? Assuming you deposit money at or borrow money from a chartered bank, you unknowingly are. There is a better non-inflationary option.
Most people don’t know that you contribute to inflation when you put funds on deposit or borrow money from a bank. And when you do, you devalue your money. This is not a good retirement planning strategy. If you start working at age 20 and deposit $100, and inflation runs at 3% annually, by the time you’re age 65, your $100 purchasing power has reduced to $24.63.
There is a better way, as discussed earlier. It’s called privatized banking (PB). PB is not inflationary. PB allows you to own your debt, meaning the banks don’t profit when you borrow money. You do.
We offer retirement planning in adherence to the above better framework that will create more wealth, with more control and less risk. We would love to hear your story and would be honoured to work with you towards a better retirement.
If you are ready for a better retirement plan
Contact us hereSubscribe to DO FINANCIAL's newsletter in Calgary to receive expert advice and updates on retirement planning services. Stay ahead with customized strategies for a secure future.
Subscribe Now for Exclusive Insights!