{"id":1707,"date":"2025-12-15T19:16:07","date_gmt":"2025-12-15T19:16:07","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/?p=1707"},"modified":"2026-02-02T19:26:33","modified_gmt":"2026-02-02T19:26:33","slug":"2-years-out-its-time-for-your-financial-tune-up","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/2-years-out-its-time-for-your-financial-tune-up\/","title":{"rendered":"Retirement Series: 2 Years Out: It&#8217;s Time for Your Financial Tune-Up"},"content":{"rendered":"<p><strong>Retirement Isn\u2019t a Date\u2014It\u2019s a Journey<\/strong><\/p>\n<p>Retirement is often seen as a single day on the calendar\u2014but in reality, it\u2019s a multi-year journey. You don\u2019t simply wake up one morning and retire. The process starts well in advance, through careful planning and intentional action.<\/p>\n<p>To help guide you along the way, we\u2019ve created a five-part series that breaks down the steps to take during each of the five years leading up to retirement. As we move into Registered Retirement Saving Plan (RRSP) season, we\u2019ll be sharing one article each month, providing timely, actionable advice you can use right now.<\/p>\n<p>This series draws heavily from Christine Benz\u2019s <em>How to Retire<\/em>, a trusted resource that blends both the financial and lifestyle aspects of retirement. It covers key topics like saving, withdrawal strategies, insurance, and estate planning, alongside equally important areas like wellness, belonging, and meaningful pursuits.<\/p>\n<p>Each phase builds upon the one before, creating a foundation for gradual de-risking, thoughtful preparation, and emotional readiness. The approach reflects both proven financial strategies\u2014such as catch-up contributions, bucket withdrawal strategies, and partial annuitization\u2014and a holistic view of what it truly means to retire well.<\/p>\n<p><strong>Year 4: Lock In the Details<\/strong><\/p>\n<p>With two years left, it\u2019s time to tighten your plan and reduce surprises.<\/p>\n<p><strong>Key actions:<\/strong><\/p>\n<ul>\n<li><strong>Finalize investment buckets:<\/strong> Ensure you have short-, mid-, and long-term allocations set.<\/li>\n<li><strong>Confirm pension and government benefits:<\/strong> Request official statements and understand application deadlines.<\/li>\n<li><strong>Review your insurance:<\/strong> Explore healthcare coverage, travel insurance, and long-term care options.<\/li>\n<li><strong>Make catch-up contributions:<\/strong> Use your final years of income to maximize tax-advantaged accounts.<\/li>\n<\/ul>\n<p><strong>Takeaway:<\/strong> With clarity and structure, you\u2019re almost ready to flip the switch with confidence.<\/p>\n<p><strong>We&#8217;re here to guide you\u2014both on the road to retirement and throughout the journey beyond.<\/strong><br \/>\nWhether you&#8217;re five years away or just a few months out, our team is ready to help you plan with clarity and confidence. Feel free to reach out anytime to discuss your retirement goals in more detail\u2014we&#8217;re always just a call away.<\/p>\n<p>Sincerely,<\/p>\n<p>Harvey Morrison Private Wealth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retirement Isn\u2019t a Date\u2014It\u2019s a Journey Retirement is often seen as a single day on the calendar\u2014but in reality, it\u2019s a multi-year journey. You don\u2019t simply wake up one morning and retire. The process starts well in advance, through careful planning and intentional action. To help guide you along the way, we\u2019ve created a five-part [&hellip;]<\/p>\n","protected":false},"author":241,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1707","post","type-post","status-publish","format-standard","hentry","category-wealth-planning"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/users\/241"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/comments?post=1707"}],"version-history":[{"count":2,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1707\/revisions"}],"predecessor-version":[{"id":1711,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/posts\/1707\/revisions\/1711"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/media?parent=1707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/categories?post=1707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/hmprivatewealth\/wp-json\/wp\/v2\/tags?post=1707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}