Your Pathway to a Secure Retirement in Ontario & Alberta
A Locked-In Retirement Account (LIRA) is a pivotal tool for managing retirement funds that originated from a pension plan. Serving the Ontario & Alberta regions, we specialize in LIRA management, ensuring your pension funds are invested wisely to support your retirement years.
Understanding LIRAs
LIRAs are designed to secure the money you’ve accumulated in your pension plan until retirement, offering a steady growth opportunity through various investment options. This type of account is crucial for those who have changed employers and wish to maintain their pension investments.
Growth Potential
Your pension funds have the opportunity to grow through strategic investment.
Control Over Investments
Choose how your retirement funds are invested.
Secure Retirement
Ensures that the money you saved during your working years supports you in retirement.
Tailoring Your LIRA Investments
We provide personalized LIRA investment strategies, considering your financial goals, risk tolerance, and the unique market dynamics of Ontario & Alberta. Our aim is to optimize your retirement savings for long-term security.
Frequently Asked Questions
A LIRA is designated for pension funds that are locked-in until retirement, ensuring these funds are specifically preserved for that purpose, unlike other retirement accounts which may allow for more flexible withdrawals.
Investment vehicles within a LIRA can vary widely, including stocks, bonds, mutual funds, and ETFs, allowing for a diversified investment strategy tailored to individual preferences and risk tolerance.
Access to funds in a LIRA before retirement is typically restricted to ensure the preservation of pension funds for retirement. However, under certain conditions like financial hardship or reaching a specific age, limited access might be granted, subject to specific regulations.
Why Plan Your Retirement with a LIRA?
Our expert financial advisors are equipped to guide you through the complexities of LIRA investments, ensuring your pension funds are positioned for robust growth, ultimately contributing to a financially secure retirement.
Request an Appointment
Plan for a future where your retirement is secure and your pension funds are working for you. Contact us for expert LIRA management advice in Ontario & Alberta.
Phone
(647) 894 4790 - CELL
Location
2682 Islington Avenue Etobicoke, ON M9V 2X5
agams@singhfinancialltd.com
Hours
9:00AM - 04:00PM