Ok so I want to thank you for this video Adam. In my experience watching these types of videos over the last year or so, I had never seen one on this exact topic before and I had been looking. Thank you!
Wow! This is a wake up call. It's interesting how we accumulate knowledge but until we hear it applied as you have in this video - we don't connect the dots.
I agree with most of your comments however my spouse is 3 years older and is retired but I am using my spouse as a dependent to save taxes on my income. This should be part of your analysis since it can make a considerable difference. In my case, I am saving close to $7000/year in taxes by claiming her as a dependent due to my tax bracket. Tks
We have run this data for clients previously and on occasion would be beneficial, but typically is not. But this is where it's important to run your specific situation through planning software with your advisor
Does your spouse have to have a disability for this? My spouse is over 15 years my senior. He’s retired with only CPP and OAS. I make > 100g/year. I so wish we known this information before he applied for his CPP :-/
Most people that retire have some sort of an income. So not sure how you're getting that much back in taxes unless your spouse's income is very small. My wife hasn't worked in 22 years and has no income. I'm nowhere close to getting back $7000/year.
Getting ready to retire next year (2026) and really appreciate your channel as I am able to more effectively partner with my Financial Advisor and of course understand the decisions we will make.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I know her. she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
Im still confused about the survivor part. Say I start CPP at 60 and get 100% (of the max available at age 60). 10 yrs later, my wife starts hers at 60 and gets 60% (of the max available at age 60). Two years later I die (at 72). Does she not just absorb my credit and bump up to 100% (of the max available at age 60) ?
This all works only if the money you don’t need , you can invest in TFSA. If you take from rrsp and then put that money on taxable account, you’re not making any progress.
Phase I of retirement time wise where you are healthy and able to travel etc. As you age the nature of your travel etc tends to evolve and slow down…essentially spending slows for some time before you start considering the cost of Long Term or Assisted Care near the end of your life etc. Hope this is both correct and helpful! Look at his earlier videos….he speaks to it quite frequently.
!I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Kristine Lynn Weber is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
A large age gap (>10yrs) = the older person being abandoned at some point. No one wants to be a nurse maid. So much for those vows...more divorces than you can shake a stick at...
As far as the best tax solution goes for men today, there is really only one option in the Western World. Make sure your partner is considerably younger, at least 20 years, and ensure she has a good income so that you can just retire and be a gentlemen of leisure by no later than age 50. The young lady will take care of all the expenses and will of course purchase all your toys and undoubtably provide pocket money for pints after golf. Taxes don't matter when you have a low income and a younger Suga Momma after all. Life is what you make of it...work and pay taxes...or...enjoy life and love your much younger sexy partner. Not really much of a choice is it.
Best videos for pre retirement and retired people in Canada hands down!
Ok so I want to thank you for this video Adam. In my experience watching these types of videos over the last year or so, I had never seen one on this exact topic before and I had been looking. Thank you!
My husband is 9 years ahead of me, because I am a stay-at-home, no problem ❤
Excellent topic and information, thank You!
great video Adam !!14 years difference with my wife!! wish you were based in Montreal
Wow! This is a wake up call. It's interesting how we accumulate knowledge but until we hear it applied as you have in this video - we don't connect the dots.
Glad it was helpful!
I agree with most of your comments however my spouse is 3 years older and is retired but I am using my spouse as a dependent to save taxes on my income. This should be part of your analysis since it can make a considerable difference. In my case, I am saving close to $7000/year in taxes by claiming her as a dependent due to my tax bracket. Tks
We have run this data for clients previously and on occasion would be beneficial, but typically is not. But this is where it's important to run your specific situation through planning software with your advisor
Does your spouse have to have a disability for this? My spouse is over 15 years my senior. He’s retired with only CPP and OAS. I make > 100g/year. I so wish we known this information before he applied for his CPP :-/
Most people that retire have some sort of an income. So not sure how you're getting that much back in taxes unless your spouse's income is very small. My wife hasn't worked in 22 years and has no income. I'm nowhere close to getting back $7000/year.
Getting ready to retire next year (2026) and really appreciate your channel as I am able to more effectively partner with my Financial Advisor and of course understand the decisions we will make.
Excellent video that hits on real situations that couples with a ''larger'' age gap face. Thanks!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
Making over 48k monthly is all because of her.
I know her. she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
Im still confused about the survivor part. Say I start CPP at 60 and get 100% (of the max available at age 60). 10 yrs later, my wife starts hers at 60 and gets 60% (of the max available at age 60). Two years later I die (at 72). Does she not just absorb my credit and bump up to 100% (of the max available at age 60) ?
This all works only if the money you don’t need , you can invest in TFSA. If you take from rrsp and then put that money on taxable account, you’re not making any progress.
That obvious
The heck is gogo phase?
Phase I of retirement time wise where you are healthy and able to travel etc. As you age the nature of your travel etc tends to evolve and slow down…essentially spending slows for some time before you start considering the cost of Long Term or Assisted Care near the end of your life etc. Hope this is both correct and helpful! Look at his earlier videos….he speaks to it quite frequently.
Hahahaaaaa 'life expectancy difference '
!I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Kristine Lynn Weber is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
A large age gap (>10yrs) = the older person being abandoned at some point. No one wants to be a nurse maid. So much for those vows...more divorces than you can shake a stick at...
I totally agree. Life is too short to be some old guys caregiver for a few decades. Why ruin your own life?
As far as the best tax solution goes for men today, there is really only one option in the Western World.
Make sure your partner is considerably younger, at least 20 years, and ensure she has a good income so that you can just retire and be a gentlemen of leisure by no later than age 50. The young lady will take care of all the expenses and will of course purchase all your toys and undoubtably provide pocket money for pints after golf.
Taxes don't matter when you have a low income and a younger Suga Momma after all.
Life is what you make of it...work and pay taxes...or...enjoy life and love your much younger sexy partner. Not really much of a choice is it.