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Abstract
"With retirement, it's important to think about the big picture - everything from when you want to retire, to where you'd like to live, to what you plan to do with your time," said Myra Cridland, Head, BMO Private Banking. "Regardless of your income level, consider speaking with your family or people close to you, give serious thought to how you want your retirement to look, and then work with a financial professional to create a wealth plan that is tailored to your changing lifestyle as you head into this next phase of your life."
"Given that so many affluent Canadians plan to use their investments to fund their retirement or to take care of their family in the future, it's crucial that their portfolios are properly structured in order to ensure that their wealth is insulated for the long term," said Richard Mason, President and CEO of BMO Private Investment Counsel Inc. "Having a properly diversified portfolio that takes into account your age, life stage, income requirements and risk tolerance, along with your short- and long-term goals, is key to successful investing."