How can I get more income after retirement?

Many investors may not be aware of several investment vehicles that provide higher income. An experienced advisor will construct a diversified, high yielding, tax efficient portfolio. This may include the use of preferred shares, income trusts, bonds, and dividend paying stocks.

You need to also consider the importance of placing your income-generating investments in the right types of accounts. Should they be in registered plans, unregistered plans or tax free savings accounts? What types of investment or insurance* products can give you the best forms of tax efficient income? Which types of investments are right for your risk profile? With the right strategy, you can effectively pay less tax and put more income in your pocket.