{"id":50727,"date":"2024-03-22T07:29:41","date_gmt":"2024-03-22T11:29:41","guid":{"rendered":"https:\/\/wwwprodaz.fprofessionnels.com\/?p=50727"},"modified":"2024-03-22T08:59:34","modified_gmt":"2024-03-22T12:59:34","slug":"grow-my-family-plan-my-retirement-how-to-achieve-my-goals","status":"publish","type":"post","link":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/","title":{"rendered":"Grow my family, plan my retirement: how to achieve my goals?"},"content":{"rendered":"

The couple’s financial and legal situation<\/h3>\n\n\n\n\n\n\n
<\/td>\nSarah<\/strong><\/td>\nStephen<\/strong><\/td>\n<\/tr>\n
RRSP account<\/strong><\/td>\n$140,000<\/td>\n$150,000<\/td>\n<\/tr>\n
TFSA account<\/strong><\/td>\nN\/A<\/td>\nN\/A<\/td>\n<\/tr>\n
Pension plan<\/strong><\/td>\nNo<\/td>\nYes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

    \n
  • The couple’s annual expenses come to about $120,000, excluding their mortgage. Their family home has a market value of approximately $800,000. They have $450,000 left to pay on the mortgage.<\/li>\n
  • Stephen has a defined-benefit pension plan with his employer. Sarah has no pension plan.<\/li>\n
  • Sarah has opened a family RESP account, into which she makes a monthly payment of $180.<\/li>\n
  • Both spouses have life and disability insurance.<\/li>\n
  • As for legal documents, Sarah and Stephen each have an up-to-date protection mandate and will.<\/li>\n<\/ul>\n

     <\/p>\n

    Family and retirement: what are my options?<\/h3>\n
      \n
    • Sarah has no retirement plan, apart from the savings<\/strong> accumulated in her RRSP<\/strong>. And since this account is not maximized, she may have to continue working longer<\/strong> than she would like to maintain her standard of living, or lower her lifestyle expectations<\/strong> at that stage. How can she optimize her savings to achieve her goals?<\/li>\n
    • She also wonders whether she might want to have a third child<\/strong> in the next two or three years, and how she can keep her savings<\/strong> on track in this context.<\/li>\n<\/ul>\n

       <\/p>\n

      Points to consider<\/u><\/h4>\n
        \n
      • Sarah delayed planning her retirement. How can she make up<\/strong> for lost time?<\/li>\n
      • As a partner in a notary firm, maternity leave is more complicated for her because of the difficulty of finding a replacement<\/strong>.<\/li>\n
      • The impact of a third child<\/strong> on the couple’s finances<\/strong> could be significant and should be assessed.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

        Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.<\/p>\n","protected":false},"author":1047,"featured_media":50895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5654,1],"tags":[],"categorie-profession":[],"class_list":["post-50727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-and-estate-planning","category-news"],"acf":[],"yoast_head":"\nGrow my family, plan my retirement: how to achieve my goals?<\/title>\n<meta name=\"description\" content=\"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grow my family, plan my retirement: how to achieve my goals?\" \/>\n<meta property=\"og:description\" content=\"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\" \/>\n<meta property=\"og:site_name\" content=\"fdp Gestion priv\u00e9e\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Fprofessionnels\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-22T11:29:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T12:59:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fprofessionnels.com\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"220\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David David Gagnon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fprofessionnels\" \/>\n<meta name=\"twitter:site\" content=\"@Fprofessionnels\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David David Gagnon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\"},\"author\":{\"name\":\"David David Gagnon\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/d369a842c036882280262ca2cfa1dc3c\"},\"headline\":\"Grow my family, plan my retirement: how to achieve my goals?\",\"datePublished\":\"2024-03-22T11:29:41+00:00\",\"dateModified\":\"2024-03-22T12:59:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\"},\"wordCount\":263,\"publisher\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage\"},\"thumbnailUrl\":\"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg\",\"articleSection\":[\"Financial and estate planning\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\",\"url\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\",\"name\":\"Grow my family, plan my retirement: how to achieve my goals?\",\"isPartOf\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage\"},\"thumbnailUrl\":\"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg\",\"datePublished\":\"2024-03-22T11:29:41+00:00\",\"dateModified\":\"2024-03-22T12:59:34+00:00\",\"description\":\"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage\",\"url\":\"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg\",\"contentUrl\":\"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg\",\"width\":220,\"height\":200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/www.fprofessionnels.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Grow my family, plan my retirement: how to achieve my goals?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#website\",\"url\":\"https:\/\/www.fprofessionnels.com\/en\/\",\"name\":\"fdp Gestion priv\u00e9e\",\"description\":\"Une longueur d\u2019avance dans vos prises de d\u00e9cisions financi\u00e8res\",\"publisher\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fprofessionnels.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#organization\",\"name\":\"Financi\u00e8re des professionnels\",\"url\":\"https:\/\/www.fprofessionnels.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"\/wp-content\/uploads\/2016\/06\/logo-fpro.png\",\"contentUrl\":\"\/wp-content\/uploads\/2016\/06\/logo-fpro.png\",\"width\":292,\"height\":184,\"caption\":\"Financi\u00e8re des professionnels\"},\"image\":{\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Fprofessionnels\/\",\"https:\/\/x.com\/Fprofessionnels\",\"https:\/\/www.linkedin.com\/company\/financi-re-des-professionnels\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/d369a842c036882280262ca2cfa1dc3c\",\"name\":\"David David Gagnon\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1f668a41738da4b42842a589feb238b87387dcc954f36662e029238ef079f77c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1f668a41738da4b42842a589feb238b87387dcc954f36662e029238ef079f77c?s=96&d=mm&r=g\",\"caption\":\"David David Gagnon\"},\"url\":\"https:\/\/www.fprofessionnels.com\/en\/author\/dgagnonfdpgp-ca\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Grow my family, plan my retirement: how to achieve my goals?","description":"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/","og_locale":"en_US","og_type":"article","og_title":"Grow my family, plan my retirement: how to achieve my goals?","og_description":"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.","og_url":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/","og_site_name":"fdp Gestion priv\u00e9e","article_publisher":"https:\/\/www.facebook.com\/Fprofessionnels\/","article_published_time":"2024-03-22T11:29:41+00:00","article_modified_time":"2024-03-22T12:59:34+00:00","og_image":[{"width":220,"height":200,"url":"https:\/\/www.fprofessionnels.com\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg","type":"image\/jpeg"}],"author":"David David Gagnon","twitter_card":"summary_large_image","twitter_creator":"@Fprofessionnels","twitter_site":"@Fprofessionnels","twitter_misc":{"Written by":"David David Gagnon","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#article","isPartOf":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/"},"author":{"name":"David David Gagnon","@id":"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/d369a842c036882280262ca2cfa1dc3c"},"headline":"Grow my family, plan my retirement: how to achieve my goals?","datePublished":"2024-03-22T11:29:41+00:00","dateModified":"2024-03-22T12:59:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/"},"wordCount":263,"publisher":{"@id":"https:\/\/www.fprofessionnels.com\/en\/#organization"},"image":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage"},"thumbnailUrl":"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg","articleSection":["Financial and estate planning","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/","url":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/","name":"Grow my family, plan my retirement: how to achieve my goals?","isPartOf":{"@id":"https:\/\/www.fprofessionnels.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage"},"image":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage"},"thumbnailUrl":"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg","datePublished":"2024-03-22T11:29:41+00:00","dateModified":"2024-03-22T12:59:34+00:00","description":"Sarah, 33, practises her profession of notary as a partner in a private practice. Her husband, Stephen, 35, is Director of Operations for the City of Saint-Hyacinthe. They live on the outskirts of the city, with their two children, aged 7 and 4.","breadcrumb":{"@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#primaryimage","url":"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg","contentUrl":"\/wp-content\/uploads\/2024\/03\/Pastille_ArticleNotaire_EN_220x200px.jpg","width":220,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/www.fprofessionnels.com\/en\/grow-my-family-plan-my-retirement-how-to-achieve-my-goals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.fprofessionnels.com\/en\/"},{"@type":"ListItem","position":2,"name":"Grow my family, plan my retirement: how to achieve my goals?"}]},{"@type":"WebSite","@id":"https:\/\/www.fprofessionnels.com\/en\/#website","url":"https:\/\/www.fprofessionnels.com\/en\/","name":"fdp Gestion priv\u00e9e","description":"Une longueur d\u2019avance dans vos prises de d\u00e9cisions financi\u00e8res","publisher":{"@id":"https:\/\/www.fprofessionnels.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fprofessionnels.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fprofessionnels.com\/en\/#organization","name":"Financi\u00e8re des professionnels","url":"https:\/\/www.fprofessionnels.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2016\/06\/logo-fpro.png","contentUrl":"\/wp-content\/uploads\/2016\/06\/logo-fpro.png","width":292,"height":184,"caption":"Financi\u00e8re des professionnels"},"image":{"@id":"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Fprofessionnels\/","https:\/\/x.com\/Fprofessionnels","https:\/\/www.linkedin.com\/company\/financi-re-des-professionnels"]},{"@type":"Person","@id":"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/d369a842c036882280262ca2cfa1dc3c","name":"David David Gagnon","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fprofessionnels.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1f668a41738da4b42842a589feb238b87387dcc954f36662e029238ef079f77c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1f668a41738da4b42842a589feb238b87387dcc954f36662e029238ef079f77c?s=96&d=mm&r=g","caption":"David David Gagnon"},"url":"https:\/\/www.fprofessionnels.com\/en\/author\/dgagnonfdpgp-ca\/"}]}},"_links":{"self":[{"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/posts\/50727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/users\/1047"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/comments?post=50727"}],"version-history":[{"count":5,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/posts\/50727\/revisions"}],"predecessor-version":[{"id":50947,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/posts\/50727\/revisions\/50947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/media\/50895"}],"wp:attachment":[{"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/media?parent=50727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/categories?post=50727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/tags?post=50727"},{"taxonomy":"categorie-profession","embeddable":true,"href":"https:\/\/www.fprofessionnels.com\/en\/wp-json\/wp\/v2\/categorie-profession?post=50727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}