Client Profile: Linda, 60 – Retiring Teacher

Linda had spent a lifetime shaping young minds and looked forward to enjoying her hard-earned state pension. But a growing concern weighed on her—long-term care costs, which are projected to reach over $100,000 annually. She worried that an unexpected illness could drain her savings and impact her financial security in retirement.

In this case, a personal private pension plan is ideal. Not only could a personal private pension plan supplement Linda’s retirement, it could also provide additional income if she ever faced long-term care needs.

Without this proactive planning, a single health issue could have forced her to burn through her savings or rely on family for support. With a personal private pension plan in place, Linda would be able to enjoy retirement with confidence, knowing she’d be protected against unexpected expenses and that her legacy would be intact.