Email Your Clients: Are you on track for retirement?

Client Email Client Email

Right now, there’s one retired Canadian for every person between the ages of 20 and 64.

That means, statistically, more of your clients are either at or near retirement than are young or mid-career. Since many will live longer than preceding generations of retirees, they’ll need help saving enough to build sustainable drawdown portfolios.

Subject line: Are you on track for retirement?

To [first name],

[Advisor’s first name] here. I hope you’re doing well.

Over the years, we’ve talked generally about your retirement goals and savings needs. Now, I’d like to revisit those goals and make sure they haven’t changed.

I’d like to dedicate a meeting to your post-work goals and income needs. You deserve a comfortable retirement, and I want to help you make it a reality.

Before we meet, take a look at these articles. I think they’ll help inform our conversation.

Don’t over-contribute to registered plans “The consequences of over-contributing to RRSPs and TFSAs can be costly. Sandeep Kapil found this out. The CRA had refused to cancel his RRSP over-contribution tax, interest and penalties.” Read more.

Converting RRSPs to RRIFs “By December 31 of the year you turn 71, you must convert your registered retirement savings plan (RRSP) into a registered retirement income fund (RRIF) or annuity.” Read more.

When retirement plans change “Even the most careful retirement planning is sometimes no match for real life.” Read more.

Let’s talk soon about how we can ensure you achieve your dreams.

Best regards,

[Your name/signature]

Courtesy of © 2018 Transcontinental Media G.P. These materials are for reference and guidelines only. You are responsible for the advice you give your clients.