Retiring Canada – Details, episodes &amp; analysis

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EP 35 - Elections & Your Money

Episode 35

mardi 20 août 2024 • Duration 12:04

In this episode, I will explain how historically elections have investors like you questioning how the financial markets will respond and their impact on your money.

Specifically, we are going to discuss:

How presidential elections impact your retirement portfolio

Two resources to help illustrate this impact

The key portfolio considerations leading up to an election

Two ways to help mitigate election turbulence

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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The Market and US Presidential Elections

How US Stocks have Behaved in an Election Month

EP 26 - Tax-Wise Retirement: Unveiling Non-Registered Accounts

Episode 26

mardi 16 avril 2024 • Duration 16:45

These often-overlooked planning opportunities within the non-registered account can have a significant impact on your retirement and the amount of tax you will pay.

****The 2024 Federal Budget released a day after this episode went live impacts some of the content, specifically regarding Capital Gains Inclusion Rates. Click here to learn more*** Specifically, we are going to discuss:

Understanding the difference between registered and nonregistered accounts
The three ways your non-registered account is taxed.
Five planning opportunities for retirees
The potential impact on government benefits.

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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 ***

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EP 25 - I’m paying my advisor HOW much?!

Episode 25

mardi 2 avril 2024 • Duration 16:19

Advisory fees... what is a reasonable amount and what should I be receiving in return? In today's episode, lets chat advisory fees.

Specifically, we are going to discuss:

The two most common kinds of advisory fee models in Canada
The range of advisory fees you may come across
What true advisory value looks like
Is working with an advisor the right choice for you

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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 ***

EPISODE RESOURCES:

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EP 24 - Understanding Alternative Investments

Episode 24

mardi 19 mars 2024 • Duration 16:41

How do alternative investments fit into a retirement portfolio? What are some things I should consider before adding this kind of investment to my portfolio?

Specifically, we are going to discuss:

The two main type of alternative investments
The three most common types of private investments
How these fit into a retirement portfolio
The risks involved
Who’s a good candidate to utilize private investments

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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 ***

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SOURCE:

McKinsey and Company, Oct. 20, 2021. Reports of corporates’ demise have been greatly exaggerated; ICSID.org, Nov. 6, 2021, How many private businesses are there in the United States?

CPP 2022 Annual Report

EP 23 - Beneficiary Designations – Avoid This!

Episode 23

mardi 5 mars 2024 • Duration 15:41

The financial and emotional damage caused by incorrect beneficiary designations can have a lasting impact well after you’re gone. Today we will be discussing the Do’s and Don’ts to naming beneficiaries on your retirement accounts.

Specifically, we are going to discuss:

Three scenario’s were naming a direct beneficiary can make some sense
The impact probate planning can have on your estate and family.
Scenario’s where naming a direct beneficiary is strongly not advised.
Considerations when you have a dependent with a disability.
Factors to consider if you have a blended family
Potential tax issues that can arise upon your passing.

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

WANT EVEN MORE RETIREMENT PLANNING TIPS?

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 ***

EPISODE RESOURCES:

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EP 22 - Make your Retirement Plan (Almost) Indestructible

Episode 22

mardi 20 février 2024 • Duration 18:47

The step-by-step process to create a retirement income plan that can withstand all that life throws at you.

Specifically, we are going to discuss:

How to make sense of retirement plans
The benefits of clear and concise advice
Two allocation strategies to implement into your plans
The 7-step process to take luck out of your retirement plan
The impact of a 1% miscalculation

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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Income Allocation Example – Credit Jim Otar

LINKS:

EP 21 - Get Organized BEFORE You Retire.

Episode 21

mardi 6 février 2024 • Duration 12:53

Simplify and organize. The one-two punch to creating a sustainable retirement income for life.

In today's episode we are going to discuss:

Who should organize their finances.
How simplicity leads to greater understanding and deeper relationships.
Potential gaps and pitfalls to not organizing.
Tips and tools to help get you started.
Top 5 reasons why you NEED this in your life.

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

WANT EVEN MORE RETIREMENT PLANNING TIPS?

Join thousands of other Canadians and subscribe to the Retiring Canada Newsletter

As a thank you, you’ll receive a copy of our latest Retirement Guide AND MORE!

 ***

EPISODE RESOURCES:

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LINKS:

Clean Your Room

Get Organized With US

Map Your Finances

Wealth Plan Worksheet

EP 20 - Being the Executor of a Will

Episode 20

mardi 23 janvier 2024 • Duration 13:35

Named as executor of a Will and not sure where to start? In today’s episode, we will answer some questions you may have about administering a will.

Specifically, we are going to discuss:

The crucial first step.
Three documents every executor needs ASAP.
Major pitfalls to avoid.
Ways to help minimize tax for the deceased.
The key document you need from CRA to protect yourself.

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

WANT EVEN MORE RETIREMENT PLANNING TIPS?

Join thousands of other Canadians and subscribe to the Retiring Canada Newsletter

As a thank you, you’ll receive a copy of our latest Retirement Guide AND MORE!

 ***

EPISODE RESOURCES:

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EP 19 - Inheritance Planning - 7 Crucial Steps

Episode 19

mardi 9 janvier 2024 • Duration 15:13

Step-by-step process to managing emotions and making smart financial decisions with your inheritance.

Specifically, we are going to discuss:

The emotional impact of receiving an inheritance,
The crucial 1st step that cannot be overlooked
Building a team to help sort through your options
Key considerations for married and common-law couples
A typical financial importance hierarchy

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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***

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