Wanting clarity for retirement and ensuring she can live the lifestyle she envisions

TD WealthClient Stories › Planning for retirement

Wanting clarity for retirement
and ensuring she can live
the lifestyle she envisions


At age 54, Dominique is fairly new to her position as
director at a large software company. She owns a
home as well as a vacation property, both of which
are mortgage-free.*


Planning for
retirement
 
 


Funding post-secondary education

My son, Paul, had some money of his own saved up for school, and I wanted to help him with the rest.
view

How TD Helped

 
 
Sample student budgets infographic
 

Education planning

Paul was working hard to pay for his education, but I wanted to be able to make up any shortfalls along the way. My advisor outlined a number of different solutions for us to explore. He made everything so clear and weighed the options, but in the end I decided to borrow because I was able to get a very low interest rate.
hide

How TD Helped

 
 

Helping with a large purchase

I really wanted my daughter to start her new life on
the right foot. I wanted to help her pay for the
wedding of her dreams.
view

How TD Helped

 
 

Cash flow analysis

I had thought about borrowing, but my advisor suggested I use my Tax-Free Savings Account instead. I could make the withdrawal tax free and re-contribute the difference the following year with my bonus.
hide

How TD Helped

 
 
 
 

Facing an empty nest

The kids were moving into an exciting and independent stage of their lives, leaving me with a large empty home and a cottage that wasn’t being used.
view

How TD Helped

 
 



Infographic illustrates transfer of ownership of cottage

Estate planning

I told my advisor that I was wondering what to do with the cottage. I mean, I would love to keep it in the family, but how would that affect me financially, now and in the future? My advisor gave me straightforward advice on the implications of keeping the cottage myself, transferring ownership to the kids and even transferring it to a trust.
hide

How TD Helped

 
 

Coping with a market downturn

I thought I was in a great financial position. Then, the market tanked. All of a sudden, my RSP savings were down.
view

How TD Helped

 
 
 

Investment management

When the market dropped, I have to admit
that I panicked at first. But then I gave my
advisor a call. He referred back to my plan,
and reminded me that I had a well balanced
portfolio. Just over a year after the decline,
my RSPs had regained almost all of the
value they’d lost.
hide

How TD Helped

Chart illustrates the rebound of the market by December 2013, with sample investment regaining value lost during downturn
 
 

Weighing an early retirement

I was looking forward to retirement and when my employer offered me an optional package, I thought, ‘Wow, maybe I can really make this work.’
view

How TD Helped

 


Infographic illustrates potential sources of retirement income from registered investments, pension, government income streams and non-registered investments

Retirement planning

I didn’t understand a lot of the financial language in the retirement package from my employer. And I had no idea if my combined assets would be enough to provide me with the retirement income I wanted. My advisor worked with other specialists at TD Wealth to assess a retirement income plan that would work for me.
hide

How TD Helped

 

* Not real customers. Composite created for illustration only.

You can turn to TD Wealth to discover what matters to you. Whether you are just starting to save and invest or have wide-ranging and complex financial needs, TD Wealth will design a plan to help you reach your goals.

Dave and Lin were ready to step back from their business and enjoy retirement. They needed professional wealth management advice to help them with business succession, retirement planning and leaving a legacy.

Call 1-800-577-9594 or find an advisor in your area.