VIDEO
Retirement Income Planning
Clay Gillespie
Managing Director, Financial Advisor & Portfolio Manager
BBA CFP CIM FCSI
I have been helping Canadians retire for over 25 years. The main difference between you and me is that you retire once and I help people retire every day. I have seen the good and the bad both emotionally and financially about retirement. I want to take this experience and help you retire comfortably and let you know how much income you can generate every year in retirement.
I have been helping Canadians retire for over 25 years. The main difference between you and me is that you retire once and I help people retire every day. I have seen the good and the bad both emotionally and financially about retirement. I want to take this experience and help you retire comfortably and let you know how much income you can generate every year in retirement.
Clay Gillespie
Managing Director, Financial Advisor & Portfolio Manager
BBA CFP CIM FCSI
I have been helping Canadians retire for over 25 years. The main difference between you and me is that you retire once and I help people retire every day. I have seen the good and the bad both emotionally and financially about retirement. I want to take this experience and help you retire comfortably and let you know how much income you can generate every year in retirement.
I grew up in South Surrey. I am married (Joanne) with two children (Sarah and Meagan). I have my undergraduate degree from Simon Fraser University. I am a big believer in education and sponsor scholarships at both UBC and SFU.
I have also written a book called "Create the Retirement You Really Want" The more we know the better decisions we make.
Industry Associations
ACPM - The Association of Canadian Pension Management
Advocis - The Financial Advisors Association of Canada
CALU - Conference for Advanced Life Underwriting
CIFPs - The Canadian Institute of Financial Planners
CPBI - Canadian Pension and Benefits Institute
FPA - Financial Planning Association
FPSC - Financial Planning Standards Council
Advocis - The Financial Advisors Association of Canada
CALU - Conference for Advanced Life Underwriting
CIFPs - The Canadian Institute of Financial Planners
CPBI - Canadian Pension and Benefits Institute
FPA - Financial Planning Association
FPSC - Financial Planning Standards Council
BBA (Finance) - Simon Fraser University
CIM® (Chartered Investment Manager)
CFP (Certified Financial Planner)
FCSI (Fellow of Canadian Securities Institute)
TAKE AWAYS
Advisor Insights
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Horizons Retirement Report
By Clay Gillespie on 01 Jan 2016
Thank you for reviewing the RGF Integrated Wealth Management Horizons Retirement Report. As with past reports, this edition summarizes the dreams, fears, hopes and challenges of Canadians planning to retire within the next three to seven years.
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Income in Retirement
By Clay Gillespie on 01 Jan 2016
When it comes to retirement income planning, there is no perfect strategy or simple solution. Every individual’s situation is different and, as such, everyone will have a different strategy on how best to generate their required income in retirement.
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Is a TFSA better than an RRSP?
By Clay Gillespie on 16 Feb 2018
Before we attempt to give our insights on this argument, let us do some math to set the stage for the discussion.
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Estate Planning Is Not Just For the Rich
By Clay Gillespie on 07 Feb 2018
What does estate planning actually mean? Estate planning is just making sure that your assets pass to the next generation in the most efficient and tax-effective manner possible.
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What are OAS and CPP worth?
By Clay Gillespie on 01 Feb 2018
Both OAS (Old Age Security) and CPP (Canadian Pension Plan) are government income entitlements that are meant to provide Canadians a guaranteed inflation-indexed pension for as long as they live.
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From Dreams to Legacy: New book Details the 5 Stages of Retirement
By Jonathan Chevreau on 19 Jan 2018
While some may regard retirement as a key moment in their financial journey, it's not an event but a process, says veteran financial advisor Clay Gillespie in a new book.
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Chapters 1 and 2
By Clay Gillespie on 19 Jan 2018
I wrote this book for one simple reason: to help Canadians retire smarter, richer and happier. Over the years, I’ve had the pleasure of meeting many hard-working people from all walks of life, and far too many of them wonder if they can ever afford to retire.
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Chapter 3
By Clay Gillespie on 19 Jan 2018
Can I afford to retire? It was a beautiful May morning when I next saw Rachel and Mike. Rachel was carrying a large gift-wrapped box. “This is for you,” she said, smiling and handing the box to me. “Thank you,” I said, pleasantly surprised.
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2016 Horizons Report
By Clay Gillespie on 01 Jul 2016
We are pleased to present the results of the 2016 Horizons Retirement Report. This report summarizes the dreams, fears, hopes and challenges of Canadians planning to retire within the next 3 to 7 years.
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2015 Horizons Retirement Report
By Clay Gillespie on 18 Jul 2015
Many of our clients are concerned about what life will look like during their retirement years. For this reason, we started our retirement survey five years ago to explore what Canadians are thinking as they approach retirement.
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Horizons Retirement Report 2014
By Clay Gillespie on 01 Jul 2014
Every year, we commission a survey (conducted by Concerto Research) to explore what Canadians are thinking and feeling as they approach retirement.
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Horizons Retirement Report 2013
By Clay Gillespie on 01 Jul 2013
We’ve just completed the 2013 edition of the Horizons Retirement Report. This survey is done with Canadians who are approaching retirement.
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Few Canadians are destined to hit their Retirement Income Sweet Spot
Just as astronomical telescopes allow us to glimpse the distant past, a "demographic telescope" allows us to peek into the distant future.
Worried about your Pension?
Why a copycat annuity might be right for you
Four Pension and Retirement Trends to watch in 2018
As usual, there’s a lot happening in the Canadian pension environment.
Your retirement
Are you Ready to Retire?
In this section, we want to give you some information to help you understand retirement. The more you know, the less daunting it will be. Some of the articles posted will be written by us and others are articles that I found of value.
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From Dreams to Legacy: New book Details the 5 Stages of Retirement
By Jonathan Chevreau on 19 Jan 2018
While some may regard retirement as a key moment in their financial journey, it's not an event but a process, says veteran financial advisor Clay Gillespie in a new book.
-
Chapters 1 and 2
By Clay Gillespie on 19 Jan 2018
I wrote this book for one simple reason: to help Canadians retire smarter, richer and happier. Over the years, I’ve had the pleasure of meeting many hard-working people from all walks of life, and far too many of them wonder if they can ever afford to retire.
-
Chapter 3
By Clay Gillespie on 19 Jan 2018
Can I afford to retire? It was a beautiful May morning when I next saw Rachel and Mike. Rachel was carrying a large gift-wrapped box. “This is for you,” she said, smiling and handing the box to me. “Thank you,” I said, pleasantly surprised.
-
Is a TFSA better than an RRSP?
By Clay Gillespie on 16 Feb 2018
Before we attempt to give our insights on this argument, let us do some math to set the stage for the discussion.
-
Estate Planning Is Not Just For the Rich
By Clay Gillespie on 07 Feb 2018
What does estate planning actually mean? Estate planning is just making sure that your assets pass to the next generation in the most efficient and tax-effective manner possible.
-
What are OAS and CPP worth?
By Clay Gillespie on 01 Feb 2018
Both OAS (Old Age Security) and CPP (Canadian Pension Plan) are government income entitlements that are meant to provide Canadians a guaranteed inflation-indexed pension for as long as they live.
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Holiday conversations…
By Mark Neufeld on 19 Dec 2017
As we approach the holiday season, you’ll hopefully find some time to spend with family and/or friends. Many conversations will be had and some may be about that overdone turkey and some may even be about the investment markets.
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What is responsible investing
By Linson Chen on 03 Dec 2017
Responsible investing (also known as ethical investing and socially responsible investing) is growing in popularity as more investors are seeking to align their portfolios with their values.
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How to Succeed at Retirement
By Kelsey Penty on 17 Nov 2017
Don't simply retire from something; have something to retire to. ~Harry Emerson Fosdick
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Maintaining your Retirement Capital
By Alan Kotai on 02 Oct 2017
Everyone has different goals and expectations for their retirement. Likewise, everyone has a different level of financial resources they can use to achieve these goals.
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Q and A: What is an annuity and how does it work?
03 Jul 2017
A life annuity is a financial vehicle that allows you to exchange a lump sum of capital for a guaranteed income for as long as you live (or you and your spouse or partner lives).
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The Importance of Budgeting
By Nick Hearne on 03 Jul 2017
A strong awareness and understanding of your personal finances is an integral part of the financial planning process. This holds true regardless of your phase in the financial life cycle.
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Pools and Streams – Retirement Income
By Alain Quennec on 03 Jul 2017
Louise is retiring soon, and it just dawned on her that she isn’t clear what’s going to happen to her cash flow after the regular paycheques stop coming in. I find this a great source of concern among the nearly-retired...
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The Ultimate Currency
By David Baker on 20 Apr 2017
What is the ultimate currency? Is it money? Canadian dollars or U.S. dollars? Is it gold or real estate? No, the ultimate currency is not a tangible asset at all. You can’t save time. You can only spend it… Benjamin Hoff, The Tao of Pooh
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Keeping More of what you Earn
By Christian White on 03 Apr 2017
You’ve saved long and hard for many years. You’ve made sacrifices and put your long-term needs ahead of your current desires for that vacation, the newer car or upgrading the kitchen.
Resources
Retirement
-
Is a TFSA better than an RRSP?
By Clay Gillespie on 16 Feb 2018
Before we attempt to give our insights on this argument, let us do some math to set the stage for the discussion.
-
Estate Planning Is Not Just For the Rich
By Clay Gillespie on 07 Feb 2018
What does estate planning actually mean? Estate planning is just making sure that your assets pass to the next generation in the most efficient and tax-effective manner possible.
-
What are OAS and CPP worth?
By Clay Gillespie on 01 Feb 2018
Both OAS (Old Age Security) and CPP (Canadian Pension Plan) are government income entitlements that are meant to provide Canadians a guaranteed inflation-indexed pension for as long as they live.
-
From Dreams to Legacy: New book Details the 5 Stages of Retirement
By Jonathan Chevreau on 19 Jan 2018
While some may regard retirement as a key moment in their financial journey, it's not an event but a process, says veteran financial advisor Clay Gillespie in a new book.
-
Chapters 1 and 2
By Clay Gillespie on 19 Jan 2018
I wrote this book for one simple reason: to help Canadians retire smarter, richer and happier. Over the years, I’ve had the pleasure of meeting many hard-working people from all walks of life, and far too many of them wonder if they can ever afford to retire.
-
Chapter 3
By Clay Gillespie on 19 Jan 2018
Can I afford to retire? It was a beautiful May morning when I next saw Rachel and Mike. Rachel was carrying a large gift-wrapped box. “This is for you,” she said, smiling and handing the box to me. “Thank you,” I said, pleasantly surprised.
-
Horizons Retirement Report
By Clay Gillespie on 01 Jan 2016
Thank you for reviewing the RGF Integrated Wealth Management Horizons Retirement Report. As with past reports, this edition summarizes the dreams, fears, hopes and challenges of Canadians planning to retire within the next three to seven years.
-
Income in Retirement
By Clay Gillespie on 01 Jan 2016
When it comes to retirement income planning, there is no perfect strategy or simple solution. Every individual’s situation is different and, as such, everyone will have a different strategy on how best to generate their required income in retirement.
