Do you have a retirement dream or a retirement nightmare?

Thinking about retirement can be scary, but preparing for retirement can help

Investment Advisor Viola Van der Ruyt, left, and Senior Investment Associate Annette Quan with National Bank Financial in Sidney can help get you ready for retirement.

Here’s a scary statistic:

42% of Canadians planning to retire expect their expenses to decrease in retirement.

58% of retirees say their expenses have either remained the same or increased since retiring.

Are you ready?

Investment Advisor Viola Van de Ruyt with Van de Ruyt Wealth Management, part of National Bank Financial in Sidney, is here to help.

Can you afford to retire?

It’s impossible to predict how long you’ll live or what medical expenses are on the horizon. But that doesn’t mean you can’t make some educated guesses. Viola recommends asking yourself a few basic questions:

  • What do you plan on doing? Are you hoping to travel? Buy a vacation property? Planning to garden and preserve your entire meal plan? Van de Ruyt will start with your dreams and work backwards to determine dollar amounts and time frames.
  • What are your sources of income? RRSPs, pensions, rental income, stocks: Van de Ruyt will help you get a sense of your revenue sources, and organize it into a reliable income stream.
  • Part-time work? Not only does part-time work bring in a little extra income, it provides community and socializing opportunities as well. Perhaps trying a different field from your previous career is an appealing option for you.

Female-friendly finances

Van de Ruyt Wealth Management is passionate about empowering women to fully understand their finances, and that includes retirement.

“Women who’ve lost a spouse and inherited assets ranging from pensions to RRSPs may have no idea how to turn it into reliable income stream.”

That’s where Viola comes in.

“We can build a strategy that will take you through the ups and downs of the market volatility.”

For those who aren’t fortunate enough to have a robust government pension, Viola can still take a pension plan approach that ensures your savings last.

“We take those strategies and apply them on a smaller scale.”

Canadians who work with an investment advisor are five times more likely to have retirement savings than those who have not

“Saving and investing over your working years is one thing, but turning into a reliable income stream when you retire is something else.”

To make an appointment to chat about your options for responsible investing, call Viola Van de Ruyt at 250-657-2220, send an email to or use the “Contact” form on her website.

The information contained herein has been prepared by Viola VandeRuyt, an investment advisor at NBF. The opinions expressed do not necessarily reflect those of NBF. National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).

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