You’ve spent decades working, saving, building, and investing. Now, you’re ready for the next chapter—one where you shift from accumulation to preservation, from building to enjoying. At Afshar & Machaalani Group Private Wealth Management, we specialize in helping Edmonton’s pre-retirees and retirees step into this new phase with structure, clarity, and confidence.
Whether you want to travel, take up new pursuits, support your children and grandchildren, or simply enjoy peace of mind, your financial plan should evolve with you.
We help you reframe your relationship with money—from focusing on growing wealth to using it meaningfully and sustainably. This is where a structured retirement strategy becomes essential—not just to avoid running out of money, but to feel truly secure in how you use it.
Planning for a long, fulfilling retirement
Retirement today looks very different than it did a generation ago. You may live 20 to 30 years after leaving full-time work—and your plan needs to reflect that. Our role is to help you build a financial strategy that supports a full, vibrant life while protecting your long-term security.
We help you plan for:
- Travel and lifestyle spending
- Health care and long-term support
- Rising inflation and cost of living
- Strategic income generation without overexposing your portfolio to risk
With longer life expectancy comes more opportunity—but also more complexity. We help you navigate both.
Tax efficiency that protects what you’ve built
You’ve likely accumulated wealth through a mix of RRSPs, non-registered investments, pensions, real estate, and perhaps even a corporation. Without a coordinated withdrawal strategy, taxes can quietly erode what you’ve spent years building.
We take a proactive approach to minimize unnecessary tax exposure across all your income sources. Our tax-smart retirement planning strategies include:
- Income splitting between spouses
- Coordinated RRIF, TFSA, and non-registered account withdrawals
- Tax-efficient dividend strategies for business owners
- Timing government benefits like CPP and OAS
- Strategic use of charitable giving or life insurance to reduce estate taxes
Tax strategy drives everything we do. With proper planning, we help ensure more of your money stays in your hands—supporting the lifestyle you’ve earned.
Creating sustainable, reliable retirement income
Without a paycheque, where does your income come from? That question causes anxiety for many retirees. Our job is to replace uncertainty with structure.
We design income plans that are:
- Predictable: So you know how much you can spend
- Flexible: So you can adapt as your needs or goals change
- Tax-efficient: So your withdrawals are optimized for after-tax value
- Diversified: So you’re not relying too heavily on any single source
We use detailed modelling to forecast income for 20+ years—so you feel secure spending today, knowing your future is protected.
Adjusting your investment strategy for retirement
Retirement doesn’t mean your investments stop working—it means they work differently. You may need to reduce risk, increase stability, or generate income instead of just seeking growth.
We help you reassess your risk tolerance, rebalance your portfolio, and align your investment strategy with your retirement timeline. That might include:
- Shifting toward lower-volatility assets
- Introducing income-generating investments like dividends, GICs, or real estate
- Managing withdrawal timing to avoid selling in down markets
- Preserving capital while still maintaining inflation protection
Our goal is to grow your wealth with purpose.
Legacy and estate planning
Retirement is also a time to think about what you’ll leave behind. Whether that’s financial support for loved ones, donations to causes you care about, or simply peace of mind for your family, we help you create a plan that reflects your intentions.
Our estate planning support includes:
- Coordinating wills and beneficiary designations
- Structuring trusts where appropriate
- Exploring charitable giving strategies
- Using insurance to cover tax liabilities or enhance inheritances
- Minimizing probate and protecting family harmony