Investment Income Payments

Statera Financial Planners |

Your investment income streams are important to the ongoing lifestyle needs you have.

Inflation has increased, therefore costs on everyday goods has as well. As we enter a new year, it’s a great time to review if your income payments meet these costs. While government pensions such as CPP and OAS are indexed to a percentage of inflation automatically, your investments do not have this same feature.

If you’re on a minimum payment amount schedule you will see an adjustment to what you receive in 2023 based on new account balances. Those who have specified an exact dollar figure will not see any changes. However, in either case it may be time to evaluate your position and ensure you have what is needed for another year of expenses.

Please reach out to Statera Financial Planners if you wish to schedule a time to review your investment income streams and discuss the financial landscape ahead for 2023.