Explore every episode of the podcast Retiring Canada
| Title | Pub. Date | Duration | |
|---|---|---|---|
| How to Calculate Your Retirement Income (EP 36) | 03 Sep 2024 | 00:12:49 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started One of the most important questions before retirement is simple. How much income will you actually need? In this episode of Retiring Canada, we break down how to estimate your retirement income and what factors can impact that number over time. You will learn how income replacement rates work, why most retirees need less than their pre-retirement income, and the key factors that can increase or decrease your income needs. We also walk through how taxes, savings, debt, and lifestyle choices all play a role in shaping your retirement plan. We also introduce four key principles to help guide a sustainable retirement income plan and explain how income planning connects with your investment and tax strategy. This episode is for pre-retirees and retirees who want a clearer understanding of how much income they need and how to build a plan that will last. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Should Elections Change Your Investment Plan (EP 35) | 20 Aug 2024 | 00:12:04 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Elections often bring uncertainty and strong opinions, but should they actually influence your investment decisions? In this episode of Retiring Canada, we break down how elections have historically impacted financial markets and what investors should really be paying attention to. You will learn why markets have performed across different political environments, why trying to predict outcomes can lead to poor decisions, and how focusing on long term principles can lead to better results. We also cover key portfolio considerations, including risk tolerance, diversification, and having a structured income plan that can withstand periods of uncertainty. This episode is for investors who want to stay disciplined, avoid emotional decisions, and remain focused on what truly drives long term success. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Non-Registered Account Tax Strategies (EP 26) | 16 Apr 2024 | 00:16:45 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Non-registered accounts are one of the most flexible investment tools in Canada, but they are also one of the most misunderstood. In this episode of Retiring Canada, we break down how non-registered accounts work and how they are taxed. You will learn the three types of taxable income inside these accounts, including interest, dividends, and capital gains, and how each one impacts your after tax return. We also cover planning strategies such as asset location, spousal loans, and how to structure your investments to reduce taxes over time. We also explain how non-registered accounts can impact your government benefits and highlight a common mistake that can increase your tax bill if not planned for properly. This episode is for Canadian retirees and pre-retirees who want to better understand how to use non-registered accounts as part of a tax efficient retirement plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca ****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*** | |||
| Advisor Fees in Canada: What Are You Really Paying (EP 25) | 02 Apr 2024 | 00:16:19 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started How much are you really paying your financial advisor and are you getting value for it? In this episode of Retiring Canada, we break down how advisory fees work in Canada and what you should expect in return. You will learn the difference between commission based and fee-based models, the typical range of fees, and how investment costs factor into your overall plan. We also walk through what real advisory value looks like beyond investments, including tax planning, retirement income, estate planning, and ongoing guidance. We also share a real-world example of how strong financial advice can add significant long-term value and why focusing only on cost can lead to poor decisions. This episode is for Canadians who want to better understand what they are paying for and how to evaluate the value of financial advice. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Alternative Investments in Canada: What to Know (EP 24) | 19 Mar 2024 | 00:16:41 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Alternative investments are becoming more common in retirement portfolios, but many Canadians are unsure how they work or whether they should use them. In this episode of Retiring Canada, we break down the basics of alternative investments and how they may fit into your overall financial plan. You will learn the different types of alternative investments, including private equity, private credit, and real estate, along with how they can impact diversification, risk, and long term returns. We also cover the potential risks involved and who may be a good fit for these types of investments. This episode is for Canadian retirees and pre-retirees who want a clearer understanding of how alternative investments may play a role in their portfolio. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca 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? | |||
| Beneficiary Designations: Avoid Costly Mistakes (EP 23) | 05 Mar 2024 | 00:15:41 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Naming a beneficiary on your accounts may seem simple, but the wrong decision can create serious tax issues and family conflict. In this episode of Retiring Canada, we walk through the key do’s and don’ts of beneficiary designations in Canada. You will learn when naming a direct beneficiary can make sense and when it can create unintended consequences. We also cover important scenarios involving minor children, disabled beneficiaries, blended families, and multiple beneficiaries. We also explain how probate planning decisions can backfire and how taxes can create unexpected problems for both your estate and your beneficiaries. This episode is for Canadians who want to ensure their estate plan reflects their true intentions and avoids costly mistakes. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Make your Retirement Plan (Almost) Indestructible (EP 22) | 20 Feb 2024 | 00:18:47 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The biggest question most Canadians have before retiring is simple. Will I run out of money? In this episode of Retiring Canada, we break down how to build a retirement plan designed to give you a clear answer to that question. You will learn the difference between asset allocation and income allocation, and how combining the two can create a more reliable and understandable retirement plan. We also walk through a simple seven step process to help match your income sources to your expenses and identify any potential shortfalls. We also explain how small assumptions can have a major impact over time and why clarity and simplicity are key when making long term financial decisions. This episode is for Canadian pre-retirees and retirees who want a clearer answer to whether their retirement plan will truly hold up over time. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca LINKS: | |||
| Get Organized Before You Retire (EP 21) | 06 Feb 2024 | 00:12:53 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started One of the most common challenges Canadians face before retirement is simply getting organized. In this episode of Retiring Canada, we walk through why organizing your finances is one of the most important steps you can take before retiring. You will learn how simplifying your financial life can lead to better decisions, lower taxes, and a clearer understanding of your overall plan. We also cover the risks of staying disorganized and the gaps that can go unnoticed without a structured approach. We also share practical tools and steps to help you get started, along with the key benefits of having everything clearly mapped out for both you and your family. This episode is for Canadian pre-retirees who want more clarity, less stress, and a higher likelihood of long term success in retirement. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca LINKS: | |||
| Being The Executor of a Will: What You Need to Know (EP 20) | 23 Jan 2024 | 00:13:35 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Being named the executor of a will is an important responsibility. Many Canadians do not fully understand what is involved until the time comes. In this episode of Retiring Canada, we walk through the key steps and responsibilities of acting as an executor in Canada. You will learn the first actions to take after someone passes, the essential documents you will need, and the common pitfalls that can create stress, delays, or unexpected tax consequences. We also cover how to manage estate assets, communicate with beneficiaries, and protect yourself when settling the estate. This episode is for Canadians who have been named as an executor or expect to be and want a clearer understanding of what to expect. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Inheritance Planning: 7 Crucial Steps (EP 19) | 09 Jan 2024 | 00:15:13 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Receiving an inheritance can be life-changing... but without a plan, it can also lead to costly mistakes. In this episode of Retiring Canada, we walk through seven crucial steps to help Canadians make smart financial decisions after receiving an inheritance. You’ll learn how to manage the emotional side of receiving money, why the first decision you make is so important, and how to build the right team to guide you through the process. We also cover key considerations for married and common-law couples, along with a practical framework to help prioritize what to do next. This episode is for Canadians who want to protect and make the most of an inheritance while avoiding common pitfalls. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Retirement Planning in Canada: Beyond the Numbers (EP 18) | 28 Dec 2023 | 00:09:41 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started A successful retirement plan is about more than just numbers—it’s about purpose, lifestyle, and how you want to spend your time. In this episode of Retiring Canada, we take a different approach to retirement planning by exploring both the financial and emotional sides of the transition into retirement. You’ll learn why focusing only on investments and income can fall short, and how factors like purpose, lifestyle, and personal values play a critical role in long-term fulfillment. We also introduce a practical framework to help you think about retirement more holistically, along with insights from real client experiences. This episode is for Canadian pre-retirees and retirees who want to build a retirement plan that goes beyond the numbers. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca DOWNLOAD NOW - Navigating Retirement: Integrating Emotional Well-Being with Smart Financial Decisions. | |||
| First Home Savings Account: Help Your Kids Buy a Home (EP 17) | 12 Dec 2023 | 00:15:16 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Helping your kids buy their first home is becoming more common—but there’s a new strategy many Canadians are overlooking. In this episode of Retiring Canada, we break down how the First Home Savings Account (FHSA) works and how it can be used to support your children’s path to homeownership. You’ll learn how the FHSA compares to the RRSP and TFSA, who qualifies, and why opening an account early can create valuable tax advantages—even if a home is never purchased. We also cover contribution limits, key rules to be aware of, and practical ways parents can help fund the account while staying on track with their own retirement plan. This episode is for Canadian retirees and families who want to support the next generation while making smart financial decisions. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca Resources: | |||
| Big Tax Vs Little Tax (EP 34) | 06 Aug 2024 | 00:18:23 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started When it comes to estate planning, most Canadians focus on saving small amounts in probate fees, while overlooking the much larger tax bill that can impact their estate. In this episode of Retiring Canada, we break down the difference between the “big tax” and the “little tax” and why focusing on the wrong one can lead to costly mistakes. You will learn how income tax at death can significantly impact your estate, along with common probate planning strategies such as joint ownership and naming direct beneficiaries. We also walk through the potential risks and unintended consequences that can arise from these decisions. We also introduce several strategies to help reduce your overall tax burden, including managing withdrawals in retirement, income splitting, and maximizing tax efficient accounts. This episode is for Canadians who want to better understand estate planning and make more informed decisions about how their wealth is passed on. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Pension Style Investing (EP 16) | 28 Nov 2023 | 00:14:41 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Most Canadians invest in public markets—but some of the largest pension funds in the world take a very different approach. In this episode of Retiring Canada, we break down what pension-style investing is and how it may apply to individual investors in Canada. You’ll learn how large institutions like the Canadian Pension Plan invest across private equity, real estate, and private credit, and why these types of investments can help improve diversification and reduce volatility. We also discuss how this approach may create a smoother investment experience, especially for retirees who are drawing income and want to avoid large market swings. This episode is for Canadian retirees and pre-retirees who want to better understand how alternative investments may fit into their portfolio. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca 📄 CPP Investments Overview: https://www.cppinvestments.com 📘 CPP Annual Report: https://www.cppinvestments.com/the-fund/financial-results/ 📥 Watermark Private Portfolio Guide: https://fundamentalwealth.ca/WPP | |||
| 10 Ways to Reduce OAS Clawbacks (EP 15) | 14 Nov 2023 | 00:17:12 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The Old Age Security (OAS) clawback can quietly add a 15% tax to your retirement income, but with the right planning, it can often be reduced or avoided. In this episode of Retiring Canada, we break down how the OAS clawback works in Canada and share 10 practical strategies to help you keep more of your retirement income. You’ll learn how income thresholds impact your benefits, how different types of investment income affect your tax return, and how strategies like pension splitting, TFSA use, and timing withdrawals can make a meaningful difference. We also walk through real examples of how the clawback is calculated and what steps you can take to manage high-income years more effectively. This episode is for Canadian retirees and pre-retirees who want to reduce taxes and optimize their government benefits in retirement. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Retirement Income Guardrails Explained (EP 14) | 31 Oct 2023 | 00:14:56 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started One of the biggest risks in retirement is running out of money, but being too conservative can also mean missing out on the life you’ve worked for. In this episode of Retiring Canada, we introduce a retirement income strategy called “guardrails” designed to help you balance spending, market uncertainty, and long-term sustainability. You’ll learn how this approach adjusts your income over time, when it may make sense to increase or reduce withdrawals, and how to structure your portfolio to support a more flexible retirement income plan. We also walk through a simple example of how guardrails work in practice, and why consistency and discipline are key to making this strategy successful. This episode is for Canadian retirees and pre-retirees who want a more adaptive approach to managing their retirement income. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca 📄 Guardrails Example: https://c0acd580-0282-44f8-ad7d-f9eb38084e73.filesusr.com/ugd/238e73_d9950a1e409b434ea9609f80197d280b.pdf 📘 CFP Code of Ethics: https://www.fpcanada.ca/docs/default-source/standards/standards-of-professional-responsibility.pdf | |||
| Joint Ownership: Beware of Costly Estate Mistakes (EP 13) | 17 Oct 2023 | 00:15:49 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Adding a child to your property as a joint owner might seem like a simple way to avoid probate—but it can create serious tax and legal problems. In this episode of Retiring Canada, we break down how joint ownership works in Canada and why it’s often misunderstood as an estate planning strategy. You’ll learn the difference between legal and beneficial ownership, how the presumption of resulting trust works, and when joint ownership can trigger unintended tax consequences. We also walk through a real-life example showing how joint ownership can lead to family conflict, creditor exposure, and outcomes that don’t reflect your true intentions. This episode is for Canadian retirees and families who want to avoid costly estate planning mistakes and ensure their assets are passed on properly. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Evaluate Working With Us: How It Works (EP 12) | 03 Oct 2023 | 00:11:55 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Most people don’t realize where the gaps are in their financial plan until it’s too late. In this episode of Retiring Canada, we walk through a simple 4-step process designed to help Canadians get organized, identify blind spots, and build a clear path toward retirement. You’ll learn how a one-page financial plan can simplify your finances, how to uncover risks you may not be aware of, and what to expect when working with a financial planner. We also cover the importance of taking a proactive approach, rather than waiting for a major life event to force financial decisions. This episode is for Canadian retirees and pre-retirees who want a clearer understanding of their financial situation and how to move forward with confidence. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Budgeting In Retirement: Simple Rules to Get It Right (EP 11) | 19 Sep 2023 | 00:11:56 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Budgeting is one of the most important parts of financial planning and one of the most avoided. In this episode of Retiring Canada, we break down a simple approach to budgeting that can help you take control of your finances without overcomplicating things. You’ll learn why budgeting becomes even more important as you approach retirement, how to separate essential and discretionary spending, and the one core principle that drives long-term financial success. We also walk through practical ways to get started, whether you prefer pen and paper, online tools, or spreadsheets. This episode is for Canadian pre-retirees and retirees who want a clearer understanding of their spending and how it impacts their ability to retire confidently. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca LINKS: Option 3: My Money Coach Excel Budget DISCLAIMER: “MyMoneyCoach" is a free financial planning service that allows users to develop a snapshot financial plan through a series of questions. Our advisors can use this financial snapshot as one of many tools to build your financial plan, however it is not to be considered a substitute for consultation with professional accounting, tax, legal or other professional advisors. Fundamental Wealth and Harbourfront Wealth Management inc. are in no way partnered with MyMoneyCoach. Information is provided to MyMoneyCoach with client discretion and may be used by MyMoneyCoach subject to their own terms of service and company policies. | |||
| Losing a Spouse: 6 Financial Steps to Take (EP 10) | 05 Sep 2023 | 00:16:10 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Losing a spouse is one of the most difficult experiences someone can go through. When you’re ready, there are important financial steps that need to be considered. In this episode of Retiring Canada, we walk through six key financial steps to take after the loss of a spouse, helping you get organized and make informed decisions during a difficult time. You’ll learn how to approach financial decisions carefully, understand changes to government benefits like CPP survivor benefits, and navigate important tax considerations that may arise. We also cover reviewing your estate plan, updating beneficiaries, assessing insurance needs, and creating a clear plan moving forward. This episode is for Canadian retirees and families who want guidance on what to do next after the loss of a loved one. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca 🧠 Mental Health Support: https://www.wellnesstogether.ca
LINKS: What Getting Organized Looks Like | |||
| Top 5 Retirement Income Strategies (EP 9) | 22 Aug 2023 | 00:18:13 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Creating a reliable retirement income plan is one of the most important financial decisions you’ll make. In this episode of Retiring Canada, we walk through five key retirement income strategies every Canadian should understand before and during retirement. You’ll learn how to choose the right CPP start date, how to structure your investment portfolio for income, and how strategies like pension income splitting can reduce your overall tax bill. We also cover how to manage market volatility, build a stable income stream, and structure your withdrawals to balance taxes today with future estate considerations. This episode is for Canadian retirees and pre-retirees who want to build a more efficient, tax-aware retirement income plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| RESP for Grandchildren: What to Know (EP 8) | 08 Aug 2023 | 00:15:45 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Opening an RESP for your grandchildren can be one of the most impactful financial gifts you give—but there are important rules to understand. In this episode of Retiring Canada, we break down how Registered Education Savings Plans (RESPs) work in Canada and what grandparents need to know before contributing. You’ll learn how government grants like the Canada Education Savings Grant (CESG) and Canada Learning Bond work, the differences between family and individual plans, and how contribution limits and tax rules can impact your strategy. We also cover practical considerations around control of the account, family dynamics, and how to ensure your contributions are used effectively for your grandchildren’s education. This episode is for Canadian retirees and grandparents who want to support their family’s future while making smart financial decisions. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| 5 Years & Counting - Checklist For Pre-Retirees (EP 7) | 25 Jul 2023 | 00:19:22 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The 5 years before retirement are some of the most important years in your financial plan. In this episode of Retiring Canada, we walk through a practical checklist for Canadians who are within five years of retirement and want to make sure they’re fully prepared. You’ll learn how to shift your mindset from growth to income, how to structure your investments for retirement, and why building a “war chest” of low-risk assets can help protect your income during market downturns. We also cover key decisions like when to take CPP, how to refine your retirement budget, managing debt, and why working with the right advisor can make a meaningful difference in your long-term success. This episode is for Canadian pre-retirees who want a clear, actionable plan to transition confidently into retirement. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Asset Location Explained (EP 33) | 23 Jul 2024 | 00:13:48 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Two investors can earn the same return and end up with very different results after tax. The difference often comes down to where their investments are held. In this episode of Retiring Canada, we break down asset location and how placing the right investments in the right accounts can improve your after tax returns. You will learn the difference between asset allocation and asset location, how different accounts are taxed, and how to structure your portfolio across RRSPs, TFSAs, and non-registered accounts. We also walk through a real example to show how this strategy can be implemented in practice. We also cover important considerations such as liquidity, tax consequences, and why a perfectly optimized portfolio may not always be the best approach. This episode is for Canadian investors who want to improve tax efficiency and get more out of their retirement portfolio. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Not Enough Money to Retire: What to Do (EP 6) | 11 Jul 2023 | 00:16:26 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Worried you don’t have enough money to retire? You’re not alone—and there are still options available. In this episode of Retiring Canada, we walk through what Canadians can do if they’re approaching retirement without sufficient savings. You’ll learn how to maximize government benefits like CPP, Old Age Security (OAS), and the Guaranteed Income Supplement (GIS), and how factors like income, residency, and tax filing impact what you may receive. We also explore practical strategies such as continuing to work, deciding when to start CPP, and whether selling your home could help support your retirement. This episode is for Canadian retirees and pre-retirees who are concerned about their financial future and want to better understand the options available to them. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca MENTIONS: | |||
| Crown Corporation Retirement: 7 Key Decisions (EP 5) | 27 Jun 2023 | 00:20:57 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Retiring from a Crown corporation in Canada comes with important financial decisions—especially if you’re part of a pension plan like PEPP. In this episode of Retiring Canada, we walk through 7 key considerations for Saskatchewan Crown employees as they transition into retirement. You’ll learn how your pension options work, including staying in the plan versus transferring to a LIRA or PRIF, how to structure your retirement income, and how decisions around CPP, OAS, and taxes can impact your long-term financial plan. We also cover severance planning, life insurance decisions, healthcare benefits, and the pros and cons of managing your retirement yourself versus working with a financial advisor. This episode is for Canadian retirees and pre-retirees—especially those with a defined contribution pension—who want to make informed, tax-efficient decisions as they enter retirement 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: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca MENTIONS: Crown Demographics Report 2021 PEPP Annual Report 2021 - 2022 Quantifying an Advisors Value – Vanguard Report | |||
| One-Page Financial Plan: Why Simplicity Wins (EP 4) | 13 Jun 2023 | 00:13:07 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Most financial plans fail for one simple reason—they’re too complicated to actually use. In this episode of Retiring Canada, we break down why traditional 50-page financial plans often fall short, and how a simple one-page financial plan can lead to better outcomes in retirement. You’ll learn why the real purpose of a financial plan is not the document itself, but the clarity, implementation, and accountability it creates. We also walk through how simplifying your financial plan can help you make better decisions around retirement income, tax planning, and long-term financial goals. This episode is for Canadian retirees and pre-retirees who want a clear, actionable plan—not complexity for the sake of it. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca Mentions: | |||
| Cottage Succession: Avoid Costly Tax Mistakes (EP 3) | 30 May 2023 | 00:13:17 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Thinking about passing your cabin or cottage down to your kids? In this episode of Retiring Canada, we walk through the key financial and tax considerations when transferring a family vacation property in Canada. You’ll learn how the principal residence exemption works, the risks of joint ownership, how capital gains tax is triggered, and strategies to avoid costly mistakes like double taxation. We also cover how to handle situations where multiple children are involved, and how to structure your estate so it remains fair and tax-efficient. This episode is for Canadian retirees and pre-retirees who want to make smart decisions around estate planning, tax planning, and family wealth transfer. 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: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Blended Families: Avoid Estate Planning Mistakes (EP 2) | 16 May 2023 | 00:13:51 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Estate planning for blended families in Canada comes with unique risks—especially when it comes to protecting your children. In this episode of Retiring Canada, we break down how common estate planning decisions can unintentionally disinherit children in blended family situations. You’ll learn how beneficiary designations, joint ownership, and dying without a will can impact how your estate is distributed, and why standard estate planning approaches may not work for blended families. We also walk through practical strategies to help ensure your intentions are carried out, including dividing assets, using spousal trusts, and leveraging life insurance to create a fair and balanced estate. This episode is for Canadian retirees and pre-retirees who want to protect their children, reduce family conflict, and ensure their estate plan reflects their true wishes. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Don’t Make THIS Mistake With Your TFSA (EP 1) | 02 May 2023 | 00:13:28 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started A simple TFSA mistake could create unnecessary taxes for your spouse and reduce the value of your estate. In this episode of Retiring Canada, we break down one of the most overlooked features of the Tax-Free Savings Account in Canada—the successor holder designation. You’ll learn how TFSAs work, why they are such a powerful retirement income tool, and the key differences between naming a beneficiary and a successor holder. We also walk through real-life scenarios showing how taxes can be triggered after death, how to avoid common pitfalls, and what steps you can take today to ensure your TFSA is set up properly. This episode is for Canadian retirees and pre-retirees who want to use their TFSA more effectively for tax-free growth, estate planning, and retirement income. WANT EVEN MORE RETIREMENT PLANNING TIPS? EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Trailer | 20 Dec 2021 | 00:01:35 | |
Learn more by visiting our website: | |||
| Typical Investor Vs Transformed Investor (EP 32) | 09 Jul 2024 | 00:16:03 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Most investors believe they are making the right decisions, but many are following a path that leads to unnecessary stress, higher costs, and lower long term results. In this episode of Retiring Canada, we compare the typical investor with the transformed investor and highlight the key differences in how they think and make decisions. You will learn why relying on predictions, short term thinking, and high cost strategies can work against you. We also walk through the traits of a transformed investor, including having a clear plan, focusing on the long term, and using an evidence-based approach. We also share three key principles all investors should understand to improve their chances of long-term success. This episode is for pre-retirees and retirees who want to rethink their investment approach and build a more disciplined and effective plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| How to Destroy Your Retirement (And How to Avoid It) (EP 31) | 25 Jun 2024 | 00:19:24 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started No one sets out to destroy their retirement, but without a plan, it can happen faster than you think. In this episode of Retiring Canada, we break down two major risks that can derail your retirement and the strategies you can use to protect yourself. You will learn how sequence of returns risk and reverse dollar cost averaging can impact your portfolio, especially in the early years of retirement. We also walk through practical strategies such as diversification, income planning, asset location, and maintaining a disciplined withdrawal strategy. We also cover how having a clear plan in place can help you stay on track during market volatility and avoid costly mistakes that could force you back to work. This episode is for pre-retirees and retirees who want to better understand the risks to their retirement and how to build a more resilient plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| 5 Steps to a Secure Retirement Plan (EP 30) | 13 Jun 2024 | 00:16:46 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started A successful retirement is not built on one decision. It is the result of a clear plan where every piece works together. In this episode of Retiring Canada, we walk through five essential steps to building a secure retirement plan. You will learn how investment allocation, income planning, tax strategy, health care planning, and estate planning all work together to shape your retirement. We also explain why making decisions in isolation can lead to unintended consequences over time. This episode introduces a structured framework to help you understand where you stand today and how to stay on track as life changes. This episode is for pre-retirees and retirees who want more clarity, better decision making, and a more complete approach to retirement planning. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| 15 Retirement Mistakes You Will Regret (EP 29) | 28 May 2024 | 00:25:56 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Retirement is one of the biggest transitions in life, and the mistakes you make along the way can have long lasting consequences. In this episode of Retiring Canada, we walk through 15 common retirement mistakes that Canadians should avoid. You will learn how poor financial decisions, lack of planning, and emotional blind spots can impact your retirement. We also cover key areas such as investment decisions, government benefits, estate planning, health, and how you choose to spend your time. This episode goes beyond the numbers and highlights the real life decisions that can shape your retirement experience. This episode is for Canadian pre-retirees and retirees who want to avoid costly mistakes and build a more confident and fulfilling retirement. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Hiring a Financial Advisor: 10 Questions to Ask(EP 28) | 14 May 2024 | 00:18:22 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Choosing a financial advisor is one of the most important decisions you will make, but many Canadians rely too heavily on referrals without doing their own due diligence. In this episode of Retiring Canada, we walk through 10 key questions you should ask before hiring an advisor or evaluating your current relationship. You will learn how to assess whether an advisor is acting in your best interest, what level of service to expect, how they are compensated, and whether their approach is comprehensive or limited to one area. We also cover important considerations such as custody of your assets, team structure, experience, and long term succession planning. This episode is for Canadians who want to make a more informed decision when choosing a financial advisor and ensure they are receiving real value. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Spousal Loan Strategy to Reduce Taxes (EP 27) | 30 Apr 2024 | 00:13:43 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The spousal loan strategy is one of the most effective ways for Canadian couples to reduce taxes, but it only works in the right situation. In this episode of Retiring Canada, we break down how the spousal loan strategy works and who it may be a good fit for. You will learn how income splitting can shift investment income from a higher income spouse to a lower income spouse, how to properly set up the strategy, and the importance of the CRA prescribed interest rate. We also walk through a real example to show how the tax savings can add up over time. We also cover key considerations, including required interest payments, investment returns, and when this strategy may not make sense. This episode is for Canadian couples with significant non-registered investments who want to explore advanced tax planning strategies. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca Resources: | |||
| Oversaving for Retirement Can Create Big Problems (EP 47) | 18 Feb 2025 | 00:14:19 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Saving aggressively for retirement is usually seen as a good thing, but over saving can create a new set of financial and tax planning challenges later in life. In this episode of Retiring Canada, we discuss the hidden issues that can arise when retirees accumulate more wealth than they actually need to sustain their lifestyle. You will learn how large RRSPs, multiple properties, and significant non-registered investments can create future tax problems, OAS clawbacks, and substantial estate tax liabilities if not properly managed. We also explain why tax wise decumulation, income splitting, and long term retirement planning become increasingly important for over savers. We also discuss the emotional side of retirement, including the fear of spending, creating memories with family, charitable giving strategies, and building a lasting legacy. This episode is for financially successful Canadians who want to better understand how to manage abundance, reduce future taxes, and make the most of the wealth they have built over a lifetime. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| The Danger of Entering Retirement With Too Much Stock (EP 46) | 04 Feb 2025 | 00:10:55 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Holding too much of a single stock may feel rewarding during the growth years, but entering retirement with an overconcentrated portfolio can create major long term risks. In this episode of Retiring Canada, we discuss the dangers of stock concentration and why diversification becomes increasingly important as retirement approaches. You will learn how company stock plans, stock options, and emotional attachment to investments can expose retirees to unnecessary risk. We also cover real world examples of investors who experienced massive gains and devastating losses due to overconcentration, along with strategies that can help reduce risk while managing tax consequences. We also discuss diversification, globally balanced portfolios, and advanced planning strategies that may help investors transition away from concentrated stock positions more tax efficiently. This episode is for Canadians approaching retirement who want to better understand concentration risk and protect the wealth they have spent decades building. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Year End Tax Planning for Retirees (Ep 38) | 01 Oct 2024 | 00:15:19 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The years leading up to retirement and the first few years after retiring may be the most important tax planning window of your life. In this episode of Retiring Canada, we discuss what we call the “tax valley” and the strategies retirees should consider during this critical period. You will learn why year end tax planning matters, how delaying CPP and OAS may improve your long term after tax income, and why decisions around RRSPs, RRIFs, TFSAs, and taxable accounts can have lasting consequences throughout retirement. We also cover strategies such as pension splitting, spousal planning, and optimizing tax brackets before mandatory RRIF withdrawals begin. We also explain why retirement planning works best when investment, income, tax, and estate planning are all coordinated together. This episode is for Canadians nearing retirement or recently retired who want to reduce taxes and build a more sustainable retirement income plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Financial Freedom and Finding the Right Balance (EP 37) | 17 Sep 2024 | 00:08:54 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Financial freedom means different things to different people, but many retirees struggle to find the right balance between time, money, and purpose. In this episode of Retiring Canada, we explore what financial freedom really means and why focusing too heavily on either money or freedom can lead to unhappy outcomes. You will learn how different people approach financial freedom, why accumulating more wealth is not always the answer, and how retirement can create unexpected emotional challenges even for financially successful individuals. We also discuss the importance of purpose, time, and preparing mentally for the transition into retirement. This episode is for pre-retirees and retirees who want to think more intentionally about what a fulfilling retirement truly looks like. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Managing Taxes From Multiple Retirement Incomes (EP 45) | 21 Jan 2025 | 00:11:43 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Many retirees are surprised to learn that managing taxes in retirement can become far more complicated once income starts coming from multiple sources. In this episode of Retiring Canada, we break down how different retirement income sources are taxed and why many retirees end up with unexpected tax bills. You will learn how CPP, OAS, RRIF withdrawals, pensions, and investment income are treated differently for tax purposes. We also explain how withholding taxes work, why quarterly installment payments may be required, and how retirees can better manage cash flow throughout the year. We also discuss Canada’s progressive tax system and practical strategies retirees can use to keep more money in their pocket instead of overpaying taxes throughout the year. This episode is for Canadians approaching retirement or already retired who want a better understanding of retirement income taxation and how to avoid common cash flow and tax planning mistakes. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Tax Wise Decumulation in Retirement (EP 44) | 07 Jan 2025 | 00:12:44 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Retirement is not just about building wealth. It is also about withdrawing your money in the most tax efficient way possible. In this episode of Retiring Canada, we discuss tax wise decumulation strategies and how retirees can reduce taxes throughout retirement while protecting their long term financial future. You will learn how RRSPs, RRIFs, LIRAs, TFSAs, and non-registered accounts work together within a retirement income plan. We also explain why some retirees may benefit from drawing additional funds from registered accounts earlier in retirement, even if the money is not immediately needed for spending. We also cover the impact of mandatory RRIF withdrawals, OAS clawbacks, estate taxes, and why the number at the bottom of your investment statement may not tell the full story after tax. This episode is for Canadians approaching retirement or already retired who want to better understand how to minimize taxes and create a more efficient long term retirement income strategy. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Christmas Episode – The Fundamental Retirement Plan (Re-Run) | 24 Dec 2024 | 00:16:46 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started This Holiday Season, Give Yourself the Gift of Peace of Mind in Retirement! The "Fundamental Retirement Plan," or FRP, is our five-step process to crafting a retirement plan tailored to your unique needs and concerns. This season of giving, think of how a little planning now can be the gift that keeps on giving, ensuring your retirement stays on track no matter what surprises come your way. Specifically, we are going to discuss:
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: 👉 Download Our Latest Retirement Guide | |||
| Should You Delay CPP and OAS (EP 43) | 10 Dec 2024 | 00:13:43 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Deciding when to start CPP and OAS may be one of the most important retirement income decisions Canadians make. In this episode of Retiring Canada, we walk through several real world scenarios where delaying government pensions created significant long term planning value. You will learn how CPP and OAS timing decisions impact taxes, retirement income, OAS clawbacks, and estate planning. We also discuss the importance of the “tax valley,” why some retirees may benefit from drawing down RRSPs early, and how delaying pensions can help create larger guaranteed lifetime income streams. We also cover why there is no universal answer when it comes to pension timing and how proper retirement planning should consider your entire financial picture, not just investment returns. This episode is for Canadians approaching retirement who want to make more informed decisions around CPP, OAS, taxes, and long term retirement income planning. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Should You Downsize in Retirement (EP 42) | 26 Nov 2024 | 00:12:20 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Downsizing in retirement can create more freedom, simplify your lifestyle, and unlock additional retirement income, but it also comes with emotional and financial considerations that should not be overlooked. In this episode of Retiring Canada, we discuss the key factors retirees should consider before downsizing their home. You will learn how downsizing can impact your retirement income plan, the tax considerations around selling a property, and the hidden costs that often come with moving. We also cover important lifestyle questions such as location, future mobility needs, maintenance, hosting family, and whether renting may actually make more sense than owning in certain situations. We also walk through real world examples of retirees navigating vacation properties, bridge financing, and freeing up home equity to support retirement goals. This episode is for retirees and pre-retirees who are considering downsizing and want to make a more informed and confident decision. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| What Good Retirement Advice Is Really Worth (EP 41) | 12 Nov 2024 | 00:20:15 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started What is good retirement advice actually worth and how should retirees measure the value they receive from an advisor? In this episode of Retiring Canada, we break down the four major ways financial advisors can add value beyond simply picking investments. You will learn how personalized planning can improve retirement outcomes through financial planning, portfolio construction, tax strategies, behavioral coaching, and ongoing guidance. We also walk through two real world case studies that highlight how proper advice can improve retirement confidence, reduce taxes, optimize income, and help retirees make better long term decisions. We also discuss why the true value of advice is often difficult to measure until it is experienced firsthand. This episode is for retirees, pre-retirees, and DIY investors who want to better understand the role personalized advice can play in building a more successful retirement plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca 📘 The Value of Personalized Advice (The Vanguard Group, Inc - August 2022)
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| 5 Mistakes to Avoid in Your First Year of Retirement (EP 40) | 29 Oct 2024 | 00:15:54 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started The first year of retirement may be one of the most important financial transitions of your life. The decisions you make during this period can have a lasting impact on your ability to stay retired long term. In this episode of Retiring Canada, we walk through five major mistakes retirees should avoid in their first year of retirement. You will learn why tax planning is so important during the transition into retirement, how CPP timing decisions can impact your long term income, and why proper asset allocation matters more than many retirees realize. We also discuss retirement income planning, managing market downturns, and the hidden risks of becoming too conservative with your investments. We also explain why, if the numbers work, you should not be afraid to actually enjoy your retirement and your health while you still can. This episode is for retirees and pre-retirees who want to avoid costly mistakes and build a more sustainable and fulfilling retirement plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Retirement’s Biggest Threat Is Inflation (EP 39) | 15 Oct 2024 | 00:12:46 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Many retirees believe being conservative with their investments will protect them, but in reality, it may be one of the biggest threats to their long term retirement success. In this episode of Retiring Canada, we discuss how inflation, taxes, and overly conservative investment decisions can quietly erode your retirement over time. You will learn how inflation impacts purchasing power, why after tax real rates of return matter, and how two retirees with the exact same portfolio can experience dramatically different outcomes depending on how their money is invested. We also explain why market volatility is inevitable and how proper income planning can help retirees stay disciplined during difficult periods. This episode is for retirees and pre-retirees who want to better understand the long term risks of being too conservative and how to build a more sustainable retirement plan. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||
| Giving Your Kids an Early Inheritance (EP 57) | 08 Jul 2025 | 00:16:55 | |
Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started Many retirees eventually reach a point where they begin asking an important question: should I wait to pass wealth on through my estate, or help my family financially while I am still alive to see the impact? In this episode of Retiring Canada, we discuss the financial and emotional considerations involved with gifting money to family during retirement. You will learn how retirees can determine whether they truly have excess capital available to gift, the importance of securing your own retirement first, and how different gifting strategies can affect both family dynamics and long term financial outcomes. We also walk through real world examples involving significant gifts, expectations attached to those gifts, and practical ways adult children may use inherited money responsibly. We also discuss tax considerations, intergenerational wealth transfer, trusts, and why thoughtful communication around money can help strengthen family relationships over time. This episode is for retirees and financially successful Canadians who want to explore how gifting money during retirement may help support their family while still protecting their own long term financial security. WANT EVEN MORE RETIREMENT PLANNING TIPS? As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE! EPISODE RESOURCES: 💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter 👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide ✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question 🌐 Retiring Canada Website: https://www.retiringcanada.ca | |||