In this episode of Smart Wealth, Brett Cranson and Omari Whyte discuss the essential steps in retirement planning, emphasizing the importance of starting with a clear understanding of personal goals and seeking professional guidance. They explore how to determine income needs, the significance of tax implications, and the necessity of ongoing planning to adapt to changing circumstances. The conversation highlights the value of personalized financial advice in achieving desired retirement outcomes and ensuring long-term wealth sustainability.

Takeaways

• Seek professional help for retirement planning.
• Identify your retirement goals before saving.
• Understand your income needs for retirement.
• Tax implications are crucial in retirement planning.
• Retirement planning should be an ongoing process.
• Your retirement dreams shape your financial strategy.
• Income needs may change over time.
• Legacy planning is part of retirement strategy.
• Not all financial strategies fit every individual.
• Work with professionals for tailored financial advice.

LinkedIn Brett Cranson: linkedin.com/in/brettcranson

LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

For business inquiries, please head over to

https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca

email:

[email protected]

[email protected]

Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.