Workshops & Planning Tools
Planning your journey to retirement, determining your retirement income goals, and building a plan to get you there, can take some work, but we can help. Western provides a number of tools, education opportunities and information to help you consider the possibilities, and see what kind of savings you should be making to have the retirement income and lifestyle you desire.
Retirement Workshops and General Information
- Investment Personality Questionnaire (IPQ) - This tool can be used for guidance in selecting an appropriate investment mix for your Western Retirement account(s). After completing the IPQ you will be provided with a proposed portfolio identifying specific investment funds available under the Western Retirement Plans.
- GetSmarterAboutMoney.ca – This is a website founded by the Ontario Securities Commission (OSC) that provides unbiased and independent financial tools to help you make better financial decisions. It covers all areas of banking, saving, investing, as well as planning for retirement and all the life events along the way.
- SunLife.ca – Under Learn & Plan in the top right menu, you will find a focus on both money and health. From tools and calculators to financial planning tips for all stages, find the information you need.
- A Retirement Income Calculator is available when you log in to your Western pension account.
- Canada.ca – The official site for the federal government with access to information and services on pensions and benefits you may be eligible for upon retirement. Information on pensions and retirement is located in the Money and Finances section and includes a step-by-step Retirement Income Calculator to help you estimate your retirement income including OAS, CPP, employer pensions and other sources of income.
- Financial Consumer Agency of Canada (FCAF) – The FCAF is an independent body working to protect and inform consumers of financial products and services. Topics on planning your retirement can be found under Life Events for Consumers and include how much will you need to retire, understanding Canada’s retirement income system, when you should start saving for retirement and sources of retirement income.