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
-
Horizons Retirement Report
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
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.
-
Spending Patterns in Retirement
18 Jul 2018
There are three stages to retirement – the first stage is called the ‘Go-Go’ stage, the second the ‘Slow-Go’ stage and the third is the ‘No-Go’ stage.
-
What does Life Expectancy Actually Mean?
By Clay Gillespie on 27 Apr 2018
Life expectancy is one of the most misunderstood aspects of retirement income planning - yet, it is one of the most important factors.
-
Is a TFSA better than an RRSP?
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
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?
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
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
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
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
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.
-
Sequence of Returns Risk
By Nick Hearne on 17 Sep 2018
Most investors understand that to achieve their long-term target rate of return, they will need to accept some volatility in the short and medium term.
-
Spending Patterns in Retirement
18 Jul 2018
There are three stages to retirement – the first stage is called the ‘Go-Go’ stage, the second the ‘Slow-Go’ stage and the third is the ‘No-Go’ stage.
-
What does Life Expectancy Actually Mean?
By Clay Gillespie on 27 Apr 2018
Life expectancy is one of the most misunderstood aspects of retirement income planning - yet, it is one of the most important factors.
-
Is a TFSA better than an RRSP?
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
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?
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.
-
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.
-
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.
-
How to Succeed at Retirement
17 Nov 2017
Don't simply retire from something; have something to retire to. ~Harry Emerson Fosdick
-
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.
-
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).
-
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.
Resources
Retirement
-
Spending Patterns in Retirement
18 Jul 2018
There are three stages to retirement – the first stage is called the ‘Go-Go’ stage, the second the ‘Slow-Go’ stage and the third is the ‘No-Go’ stage.
-
Is a TFSA better than an RRSP?
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
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?
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
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
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
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
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.
RESOURCES
Additional Services
Insurance
For supplementary
insurance needs in the areas of extended health & dental and travel, we are
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If you are not
already covered by a group health plan or wish additional coverage, the
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Out-of-province
medical care can place a significant burden on your financial resources. One of
the Manulife’s Travel Insurance plans may be appropriate for you if you are
travelling for pleasure or on business.
Click here for travel insurance needs and click here for health/dental insurance needs. You
will be directed to Manulife’s website where you can:
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Please call
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any questions about the plans or your application.
