I’ve been looking into how to invest smartly now that I’m in retirement, but there’s so much information out there, it’s overwhelming. I don’t want to make a misstep and put my savings at risk
I was talking to my neighbor yesterday, and he was saying how complex retirement investing feels to him. It's like no matter where he looks, it’s either too risky or too complicated to understand
Wow. I have watched a lot of retirement planning videos and this is the most comprehensive. The fact you tied the asset allocation details to the overall plan was something no other planner on YT has done. Most planners just say get 5% on your portfolio but don’t explain any breakdown on how to get there. Well done.
Excellent info - and very applicable for. You made it easy for me to understand. (In my second year of retirement I listen to all your videos ) thank you to “Tom Cycle” - caught me off guard with the humour 😂
Thank you for the presentation. Lots of detail and excellent points to consider. I particularly enjoyed the way you demonstrated the asset mix/ risk/ fluidity over upcoming time lines.
Like the videos, I'm wondering though why you don't transfer the maximum allowable TFSA $ from the taxable margin accounts into the TFSA? Seems to me that would be the first thing you would always do to reduce Margin tax. Yes, possible capital gains on equities but sounds like he has GICs in the Margin acct.
Good point. I actually mentioned during the video that one of the iterations we would want to run is pushing money from nonregistered to TFSA’s and to see the ripple effect of the tax free compounding.
Very clear, consise presentation of drawdowns plus showing why "safe" is not safe over the long term. So much good advice in one less than 20 minute video. The secured line of credit is also a great safety net. I'd add an additional tweek of continuing to add to TFSA annually from non registered account.
Thank you for a very well done presentation. We hear a lot about retirement earnings but rarely can you find clear information on withdrawal strategies. This video is by far (I I have watch many of them from Canadian advisors) the most informative. Job well done.
This is solid advice-especially the part about knowing your risk tolerance. I’ve been adding some Bitcoin to my retirement portfolio with My Digital Money, just trying to get a good balance. Curious if anyone else is using crypto for retirement too?
I’ve been looking into how to invest smartly now that I’m in retirement, but there’s so much information out there, it’s overwhelming. I don’t want to make a misstep and put my savings at risk
I was talking to my neighbor yesterday, and he was saying how complex retirement investing feels to him. It's like no matter where he looks, it’s either too risky or too complicated to understand
Wow. I have watched a lot of retirement planning videos and this is the most comprehensive. The fact you tied the asset allocation details to the overall plan was something no other planner on YT has done. Most planners just say get 5% on your portfolio but don’t explain any breakdown on how to get there. Well done.
Glad it was helpful!
As always Shaun, I love these scenarios you run for us and appreciate the thorough explanations. Well done!
Thanks Paul!
Excellent info - and very applicable for. You made it easy for me to understand. (In my second year of retirement I listen to all your videos ) thank you to “Tom Cycle” - caught me off guard with the humour 😂
Glad it was helpful!
very nice, thanks for the teachings!
Any time!
Thank you for the presentation. Lots of detail and excellent points to consider. I particularly enjoyed the way you demonstrated the asset mix/ risk/ fluidity over upcoming time lines.
You're very welcome!
Like the videos, I'm wondering though why you don't transfer the maximum allowable TFSA $ from the taxable margin accounts into the TFSA? Seems to me that would be the first thing you would always do to reduce Margin tax. Yes, possible capital gains on equities but sounds like he has GICs in the Margin acct.
Good point. I actually mentioned during the video that one of the iterations we would want to run is pushing money from nonregistered to TFSA’s and to see the ripple effect of the tax free compounding.
Excellent and comprehensive! Thank you.
You're very welcome!
Very clear, consise presentation of drawdowns plus showing why "safe" is not safe over the long term. So much good advice in one less than 20 minute video. The secured line of credit is also a great safety net. I'd add an additional tweek of continuing to add to TFSA annually from non registered account.
Outstanding combination of Logic and Common sense ! Thank you.
Glad you liked it!
Thank you for a very well done presentation. We hear a lot about retirement earnings but rarely can you find clear information on withdrawal strategies. This video is by far (I I have watch many of them from Canadian advisors) the most informative. Job well done.
Glad it was helpful!
This is solid advice-especially the part about knowing your risk tolerance. I’ve been adding some Bitcoin to my retirement portfolio with My Digital Money, just trying to get a good balance. Curious if anyone else is using crypto for retirement too?
thank you
You're welcome