Retirement Planning

At Sophia, we are specialists in retirement income planning. Whether you are early in your career, starting to contemplate retirement or already retired, we have the analytical tools that provide you with the information you need to ensure you are on track. 

Statistics show that, on average, we are living longer, healthier, more active lives. This is great news, however, from a financial planning perspective, it raises some concerns. If a person retires at age 65, it means they have to ensure they have sufficient assets to provide income for 25 years or more. As part of our retirement planning process, we complete a thorough review of your financial assets and liabilities, your pension eligibility and benefits, and your income needs. We ask you to articulate what it is you would like to achieve in the coming years, and then we enter all this information in our proprietary analysis tool to determine if your income goals are sustainable based on the current structure of your investments.  We clearly outline the choices that are available to you and the pros and cons of each alternative. Then with your agreement, we establish a step by step retirement strategy that meets your current income needs and will sustain your lifestyle in the coming years. The key to proper retirement planning is continuous review and monitoring to ensure you remain on track. At Sophia, this is built into our planning process.