Investment Planning for Severance Packages

Have you been offered a severance package from your employer?

If you think that you will be receiving an early retirement or severance package from your employer soon, you should start planning right away. You could be under pressure to make one of the most important financial decisions of your life in a very short timeframe, so proper planning with the right professional advice is key. If your plans have not been updated recently, do your homework ahead of time so that you do not have to deal with making stressful financial decisions all at once. 

At Alterna, we can help – Using our investment planning tools and in-house expertise we will help identify your current financial position, and provide advice and recommendations that are tailored to your specific needs and goals.  This means taking stock of your financial status with a focus on four key areas: retirement planning, estate planning, investment planning and insurance planning.

Talk to our Wealth Management experts about:

  • proper tax planning – this can save you significant costs
  • setting up a retirement account
  • severance monies impacting your eligibility for Employment Insurance
  • maintaining adequate cash flow
  • what insurance coverage may be needed to replace group plans
  • having a secured line of credit in place

Whether you are offered a severance or early retirement package you need to carefully evaluate all of the tax and financial planning implications of your options and ensure your unique financial goals are met. Book an appointment with a professional who can help you make informed decisions based on your personal circumstances.

Give us a call at 1.855.731.3901 or make an appointment online with one of our Wealth Management experts and let us help!