(CNW) The words "retirement planning" may soon disappear from our language as the concept of life planning takes hold.
After four years of soliciting information RBC Financial Group
is bringing a new approach to retirement planning that signals
a pivotal shift away from how most financial institutions deal
with this important life transition.
"Retirement planning is not just about finances. It's also
about the broader needs and goals that people have in life.
Having a financial plan and an investment portfolio for retirement are the means to get to that goal,"  explained Mike Reed, head, retirement client strategies, RBC Financial Group.
RBC collaborated with one of North America's leading retirement
experts Barry LaValley of The Retirement Lifestyle Center, to
bring a unique life planning approach to Canadians through a
series of "Your Future by Design" client seminars.
"Your Future by Design" focuses on seven key aspects of
retirement life that clients are encouraged to consider first,
before they start working on a financial plan. These key
aspects include: family, health, home, lifestyle, work, legacy,
and mind and spirit.
For more information, visit
www.royalbank.com/redefine
.
