Senior Planning

  • Divorce & Separation
  • Bereavement
  • Downsizing Your Home
  • Long Term Care Planning
  • Inheritance Planning
  • Retirement Planning
  • Property Tax Deferral
  • Income Scenario Testing & Cash Flow
  • Leveraged Investments (CHIP)
  • Pension Plans
  • Government Benefits – OAS / CPP
  • Gifting to Second Generation
  • Charitable Gifting
  • Estate Planning Avoiding Probate Tax

At Maclean Rowe Financial, we offer comprehensive senior planning services designed to help individuals and business owners manage their wealth and assets effectively. We help individuals secure the future of their family by ensuring that their assets are distributed according to their preferences and that their legacy is preserved for future generations. Our all-encompassing approach ensures that our clients have peace of mind knowing that their financial affairs are in order.

Senior Planning


It’s important to consider different investment options to secure your financial future. Two popular investment vehicles are the Registered Retirement Income Fund (RRIF) and the Tax-Free Savings Account (TFSA).

The RRIF is designed to provide a steady stream of income for retirees by converting their RRSPs into taxable withdrawals. The TFSA is a tax-efficient way to achieve your savings goals by allowing you to earn investment income and capital gains tax-free.

tax planning

Effective tax planning can result in significant savings, allowing you to leave more to your loved ones. By reducing the taxes owed on your estate, you can ensure that your assets are distributed according to your wishes, with less diverted to paying taxes. Proper planning can help you preserve your legacy, allowing you to pass your wealth to future generations and support the causes you care about.


Canada Pension Plan and Old Age Security are government programs that can provide you with financial support during retirement.

While CPP is based on your contributions made during your working years, OAS is a universal benefit for Canadians over age 65.

It’s important to note that the benefit amount may not be enough to cover all expenses in retirement, so it’s essential to plan ahead and save additional funds for retirement.

Wills & POAs

Creating a will is essential to ensure that your assets are distributed according to your wishes after your passing, providing financial security for your loved ones. Additionally, it’s recommended to explore private options such as the Private Old Age Security (POAS) plan to supplement government benefits and further secure your financial future.

Estate Planning & Second Generation

Estate planning is the process of creating a plan for the management and distribution of your assets after your death. This can involve creating a will or trust to designate beneficiaries and determine how your assets will be divided. Estate planning can also include making arrangements for the care of minor children or elderly dependents, as well as planning for potential incapacity or disability. The goal of estate planning is to ensure that your assets are managed and distributed according to your wishes, and that your loved ones are taken care of .


Accessing your home equity can be a way to generate income. This can be done through a reverse mortgage, which allows you to borrow against the equity in your home without having to make regular payments. Instead, the loan is paid back when you sell the house or pass away. Another option is a home equity line of credit (HELOC), which allows you to borrow against the equity in your home and pay it back with interest. It’s important to consider the risks and costs associated with these options, such as the potential for reduced inheritance for your heirs or fees and interest charges. By working with us, we can help you determine whether accessing your home equity for income purposes is the right choice for your individual circumstances.

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