Joe Macek, Investment Advisor Portfolio Manager iA Private Wealth

Should I Transfer My Work Pension? Can I Move My Workplace Pension? Important Things  YOU NEED to consider  when thinking about transferring out of your workplace Defined Benefit Pension Plan! You have  worked hard all your life , and now you are ready for retirement? You are just months away from officially pulling the pin, and you are asking yourself:  Should I transfer my pension? Can I move my workplace pension? How does it all work? Well in today’s article we are going to walk you through  some of the most important considerations you need to think about  prior to making the move. Hopefully, I can help you  make a great decision. Did YOU KNOW I am ALSO on YOUTUBE? SUBSCRIBE for MORE GREAT CONTENT! How CAN I CALCULATE MY RETIREMENT AMOUNTS? 3 EASY WAYS to CALCULATE YOUR Number!!! We Will Focus On Defined Benefit Plans When it comes to retirement,  one of the most crucial decisions individuals face is whether to transfer their pension.  This decision becomes even more complex when c

What ARE Retirees ACTUALLY Spending In Retirement? The Surprising Average Income of Retirees in Canada, You’ll Never Guess How Much Money Retirees Really Spend! How Much? The top questions I consistently receive from readers and comments on my YouTube channel, revolve around retirement income needs. Every year,  countless individuals reach out to me seeking advice on their retirement plans. They’re eager to understand how much income they’ll need once they retire. It Depends… Now the short answer is it depends on lifestyle,  and while many have a rough estimate of their current expenses, they’re curious about the average expenditure of retirees.  In this article, I’ll dive into data to shed some light on this topic. Additionally, I’ll draw from my experiences with clients in my practice to, try to give you some insights into the typical retirement spending patterns we encounter.  I will also walk through some valuable tips on managing retirement income and preparing effectively for you