Our Process

The goal of our financial planning process is for you to sleep well at night

Financial planning is a journey. It is incredibly important to understand where you are right now and where you want to be.
There are a variety of options to get from here to there – and we know the best way to achieve your goals and reach your destination. We’ll provide the information, care and support you need so you can sleep well at night.

Jim and the Whitehouse Retirement Wealth Group Team are experts in retirement wealth management because we follow the same process with every client. This process makes sure we understand your goals and outline the best plan to achieve them.

Understand where you are
Every journey has a starting place. Let’s meet and discuss your finances, family and lifestyle so your journey will be structured around where you are today. 
Identify where you want to be
Everyone has a different vision for retirement and their estate. Our discussion will identify where you want to be so we can create a plan that will get you there.
Retirement plan tailored to you
Retirement financial plans are detailed strategies that consider ongoing income, wealth growth, health care spending, legacy planning and estate planning. We’ll balance each of these components in a transparent plan.
Ongoing review and monitoring
Change is a constant – in your life and in the world around you. It’s unreasonable (and not financially wise) to keep your retirement plan static, so we’ll routinely review where you are at in your financial journey and compare it to our projections.
Adjust and repeat
When your financial plan requires adjustments, we’ll outline our reasoning for any changes and let you know. Then we’ll continue to review and monitor – and always keep you in the loop. After all, it’s your retirement.

Your responsibility is to enjoy your retirement

We’ll manage the details so you can enjoy a comfortable and conservative retirement. It’s our goal that you will sleep well at night. Start the process by scheduling a consultation. You can discuss with our team where you are today and where you want to be.

Learn from our team

We cover the best practices of retirement wealth planning in Canada. They include advice from Jim and the Whitehouse Retirement Wealth Group, timely information and recommendations for a comfortable and conservative retirement.

Ask your questions

You can ask us any question, and we’ll provide the best available answers. This is an opportunity for you to get the clarification and information you need to make the next step in your financial journey.

Meet our team

We want you to understand your financial decisions and be assured that they make sense. We want to share the basics of retirement planning, Our regular reviews always keep you up-to-date with your portfolio.


How to have a comfortable and conservative retirement

The answers to the most common questions we hear about retirement income and estate planning


Our goal for our clients is simple: help them to have a comfortable and conservative retirement. The steps to achieve this goal are different for everyone. No two investment portfolios are identical, and every person has a different vision for what retirement they want.


 This is why our work is rewarding: we get to find strategic and creative solutions to help our clients have a comfortable and conservative retirement that matches their goals.


 

A core principle of our services is communication and honesty. We will always take the time to listen to your current situation, goals and questions. Then we’ll make sure you understand the answers and that the advice we offer makes sense.


Defined Benefit Pension Plans

Most Defined Benefit Pension Plans will have a commuted value.

The commuted value is the amount of money that the pension plan determines is owing to an employee should the employee decide to leave the plan all together. For many individuals, the commuted value of their pension could be of significant value.

We recently had several clients who, only after very careful consideration, elected to take commuted values worth several millions of dollars.

Any decision to remain in a DBPP or leave the plan should only be decided after all options have been examined and discussed with a financial expert. Some important topics you will want to discuss are:
  • Conservative Retirement Income and Pension Plan Comparisons
  • Annuity Comparisons
  • Taxation and maximizing any available tax benefits
  • Plan Health Benefits, if available
  • Locked-In Retirement Account options
  • Your age and work/retirement time frame
  • Effects on your Estate planning


We are always available to answer any questions, and we hope everyone is doing well and staying healthy.