7th Edition of the Steady Gains Newsletter

Expanding Our Wealth Planning Capabilities

Financial planning is the foundation of our practice, ensuring our advice is grounded in rigorous data and calibrated to your unique needs. To deepen this commitment and elevate our service, we are pleased to welcome Sarah Morgan to the Caldwell Group.

 

Sarah takes a lead role in our financial planning process, ensuring your decisions are backed by a robust, long-term strategy. She brings significant specialized expertise to the team, having previously served as a Senior Wealth Planning Associate at a prominent national firm in Toronto. She holds both the Certified Financial Planner (CFP®) and a Bachelor of Business Administration (BBA) from Wilfrid Laurier University.

 

Now back home in the Kitchener-Waterloo area, Sarah is an active member of the Waterloo Tennis Club.

 

We are excited by the enhanced depth and capacity Sarah brings to the families we serve. We look forward to introducing you to her soon.

The Reality of Retirement Spending

Standard retirement planning often assumes flat spending. While this serves as a practical baseline, actual spending patterns are rarely that linear.

 

Household spending typically peaks in the early 50s and declines thereafter. However, the composition of that spending shifts significantly. As structural costs—like mortgages and education—recede, funding priorities in two areas often expand: healthcare and the support of family or community.

 

True financial security is not about hitting a static income target. It requires planning and a portfolio positioned to absorb the rising costs of longevity while reliably facilitating late-life wealth transfers. We manage these shifts through a range of disciplines, including rigorous scenario planning, the use of conservative assumptions, and stress-testing for a range of potential outcomes.

 

A resilient strategy must be calibrated for flexibility.

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Markets Rewarded Discipline in 2025

 

Caldwell Group

Richardson Wealth Limited