Retirement Income Program™

The RIP™ is a full-service retirement planning program that manages your income, cash flow, investments, and tax strategy with ongoing updates and continuous support. Parallel Wealth oversees your retirement planning, while our partnered Investment Management firms ensure your portfolio aligns with your financial goals.

Unlike a one-time plan, the RIP™ provides ongoing adjustments, tax-efficient income structuring, and direct collaboration with investment managers to keep your retirement on track.

Your dedicated financial planner monitors and updates your plan at least once per year. You'll also have easy access to expert advice for anything from quick questions to major financial decisions – whether via Zoom, email, or phone.

We optimize withdrawals from various accounts (RRSPs, TFSAs, non-registered, etc.) to minimize taxes and ensure a steady, sustainable cash flow. Our goal is to meet your cash flow needs while aligning with your long-term estate goals.

Your portfolio manager structures your investments around your cash flow needs and financial goals, making adjustments as the market fluctuates and your situation evolves.

Our Investment Management partners actively monitor your portfolio, making strategic adjustments to manage risk and maximize returns while keeping you informed with regular updates.

You'll receive quarterly investment reports, trade notifications, and gain access to exclusive client webinars from our Investment Management partners. Parallel Wealth will continuously collaborate with you to adjust your plan, update cash flow, and optimize tax planning.

Yes! Whether you need a quick check-in or a full plan review, our team is here to ensure your retirement strategy stays aligned with your goals.