How To Design Your Retirement Income: An Overview (Canadian Financial Summit 2023)

♦How To Design Your Retirement Income: An Overview (Canadian Financial Summit 2023)♦
With the Canadian Financial Summit coming up at the end of October, I wanted to share over the next few weeks some videos that Summit attendees watched last year.
When you register you get access to talks like these, plus a myriad of other speakers who are some of Canada’s top financial experts.
I’ll be promoting the Summit and giving away free tickets too!
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When it comes to retirement, it’s crucial to get the big picture right before diving into the details.
Setting up your retirement income involves more than just ticking boxes; it requires a strategic approach to ensure you’re financially secure throughout your retirement years.
In this video, Barry Choi interviewed me about designing your retirement income effectively.
You’ll learn:
- What are the 4 steps to design your retirement income?
- What’s Important about Money to You?
- How do you know when you have reached “Financial Independence”?
- What is “Your Number”?
- What are the key concepts to understand retirement income?
- How much can you reliably withdraw from your investments for life?
- What are the 3 retirement income design strategies? How do you decide which is best for you?
- How do you design your retirement income? How much from which source?
- Overview or when to start pensions, RRIF, CPP, OAS & other investments.
- Should you defer or commute your pension?
- Should you worry about high tax on your estate?
Enjoy!
Ed
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Thanks so much!
Ed Rempel
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Ed Rempel CPA, CMA, CFP is a financial blogger, fee-for-service financial planner and tax accountant with a ton of real life financial planning experience. He was awarded “Best Canadian Personal Finance Blog” by Expertido, and is the #1 financial blog in Canada for a financial planner on Hardbacon and Feedspot.
For the past 28 years, he has assisted thousands of Canadians with creating real, professional, “interactive” financial plans that earn results. Ed is known for his financial strategies, such as the Smith Manoeuvre and Lifecycle Investing strategies. He is also particularly skilled with the 8-Year GIS Strategy, a strategy to help seniors qualify for larger government pensions using effective planning & investing.