Jo-ann Cudmore

Discover your Dream Home in Niagara: Buying and Selling homes in St Catharines, NOTL, Niagara Falls and area

office: (905) 468-4214
cell: (905) 321-8126
Toll Free: (800) 635-9228
  • Hot New Real Estate Listings in the Niagara Region
    • Luxury Homes for Sale in Niagara
    • Waterfront Properties for Sale in Niagara
    • Niagara Region Condos for Sale
    • Unique Homes for Sale in Niagara
    • Vacant Land in Niagara
  • Real Estate Listings in Niagara-on-the-Lake (incl. Virgil)
  • Home
  • About Jo-Ann Cudmore
    • Why Use a Realtor?
    • Testimonials
  • Resources
    • Information for Home Buyers
    • Information for Home Sellers
    • Home Maintenance
    • Royal LePage Newsletters
    • Canadian Mortage and Housing Reports
    • Helpful Links
  • Contact
  • More Real Estate Listings in:
  • Fonthill & Pelham
  • Dunnville
  • Fort Erie & Ridgeway
  • Grimsby
  • Lincoln
  • Niagara Falls
  • Port Colborne
  • Smithville
  • St. Catharines
  • Thorold
  • Wainfleet
  • Welland
  • Stoney Creek

Pre-retirement planning

July 28, 2017

With Canada’s aging population, more and more people are preparing to wind down their career and take their next steps into retirement. While many people dream about golf courses and pursuing forgotten hobbies, without a clear plan retirement can be a bumpy landing. Looking to the future, many Canadians are pre-planning the lifestyle they want to live and the financial obligations required to get there. Once their ideas are set, many begin working with professionals to create a roadmap to their destination. Want to do the same? Read on for our guide to a great pre-planned retirement.

Dreaming of the perfect retirement – For so many, retirement seems intimidating because the future seems so unclear. Setting clear and attainable goals provides you with a sense of direction to the next great phase of your life. Right now, the average Canadian is spending over 1700 hours a year working. Sitting down and plotting out what you plan to do with your newfound time is essential to a great retirement.

For some, retirement is an opportunity to go back to school and expand their knowledge, or finally find the time to work on a project or business they have been putting off. For others, it is a chance to travel the world by themselves or with loved ones, experiencing new cultures, or working with non-profits. Or maybe you’ve worked a difficult career and are ready to finally get some much-needed rest. Regardless, a purposeful life fills your time in retirement with real meaning.

The professionals that will help you get there – Now that you have clearly defined goals in retirement, it’s time to meet with the professionals that can help you get there. Meeting with financial advisors or life planners is a great way to ensure that your bank account and career are in the right direction for the life you want to live. They can help you align your spending habits with the type of lifestyle you aspire to have and prepare years in advance for the big shift.

Additionally, it is critical to consider meeting with a lawyer beforehand to make sure your documentation is in order. So many procrastinate on these essential documents, and must deal with the headache of last minute preparations. Being proactive on paperwork such as wills, life insurance, and understanding policies can give you a huge step up down the road.

While financial advisors and lawyers are considered standard procedure, many people preparing for retirement forget meeting with a realtor which can pay in huge dividends down the road. With key knowledge of housing market trends, a real estate agent can help make projections of homes for sale down the road, and make sure your current location is desirable when you decide it’s time to sell.

For many families preparing for retirement, looking at smaller living situations can be an important part of the process. Read more on our essential tips for preparing for downsizing here (Link to article 6)

Don’t grow older, grow wiser – For so many, retirement can seem daunting, especially after becoming comfortable with your career and lifestyle. So much of our time is dedicated to our career that giving it up seems like too much to handle. By preparing the lifestyle you want in advance, and working with professionals to create the plan to get there, you can ensure that it’s smooth sailing into your retirement. With this, you’ll be excited for where your heading, not what you’re leaving in the past.

Share

Jo-Ann’s Featured Homes

$1,250,00073 The Promenade StreetNOTL, ON L0S 1J0View Listing

2022 Market Update

Information For Home Buyers

2022 Year End Report

Niagara by the Numbers – May 2022

Market Snapshot – February 2022

Market Snapshot – April 2021

Information For Home Sellers

2022 Year End Report

Niagara by the Numbers – May 2022

Market Snapshot – February 2022

Market Snapshot – April 2021

About Jo-Ann Cudmore

With over 24 years of residency in the Niagara area, Jo-Ann Cudmore has acquired an impressive level of knowledge in the various market niches throughout the Niagara area. She is the perfect choice if you are buying or selling a home in Niagara.


More about Jo-Ann     Contact Jo-Ann


president's gold
2016, 2017

2008, 2018, 2019
award of excellence - lifetime
2017

Jo-Ann Cudmore - CudmoreHomes.com Copyright © 2021 All Rights Reserved

Royal LePage Niagara Real Estate Centre Inc., Brokerage | 125 Queen Street, Box 1645, Niagara-on-the-Lake, ON L0S 1J0

Office: (905) 468-4214 | Cell: (905) 321-8126

Helping people buy and sell their homes in Niagara-on-the-lake, Niagara Falls, Port Colborne, St. Catharines, Stoney Creek, Thorold, Welland, Fonthill, Virgil and Wainfleet.
Specializing in buying or selling properties suitable for Bed and Breakfasts.