If you’re asking the question “How much money do I need to retire in Canada comfortably?” know that you’re not alone. This question happens to be the most asked question around retirement next to “When should I start receiving my CPP benefits?”

Everyone’s situation is different and there are a lot of factors that go into answering this question: your age at retirement, your lifestyle, your pension, your OAS amount, and of course a lot more.

In this video, I’ll show you:

✅ The #1 thing retirees do to have a successful retirement

✅ 3 steps you can take now to get back on track for retirement in Canada

✅ 3 areas to avoid that will Kill your retirement in Canada

✅ 2 case examples of actual client’s retirement experience in Canada

✅ The #1 step you need to take to have enough money to retire in Canada

Are you investing in an RRSP? We’re going to explain the proper use of an RRSP including what to do if you think you’re behind schedule with your savings goal.

✅ RRSP Contribution Limits

✅ What to do with your Refund RRSP is an acronym for “registered retirement savings plan.”

This definition sounds mighty dry when you consider how RRSPs are superheroes of modern retirement planning for Canadian — true tax-obliterating, retirement-enriching wonders of the modern world.

A Registered Retirement Savings Plan (RRSP) is a retirement account that’s existed since 1957. RRSPs were introduced by the government to help Canadians save for retirement. The main benefit of RRSPs is that tax on RRSP contributions is deferred until retirement.

If you’re a business owner, you’re probably focused on the day-to-day tasks with your business.  You may not be thinking about retirement – even if it’s a few years away. But don’t worry, you’re not alone.

More than three-quarters of small business owners don’t have retirement plans for themselves or their employees. Some working Canadians have company pensions or an employer-matching program to help with retirement.

These are generally benefits a small business owner doesn’t have. It’s up to you to plan your future and decide how to pay for your retirement. In this Livestream, I’ll discuss 3 retirement options for Business Owners.

1️⃣ RRSP

2️⃣ Individual Pension Plans

3️⃣ Enhanced Retirement Plan

Here’s How To Increase Your Retirement Account by a Whopping $400,000 Many people are simply not saving enough for Retirement. Learn how to find $5,000 in unnecessary expenses and how to generate $5,000 of additional income.

In this video, we are discussing the reasons that cause people to retire earlier than planned and what you can do to prepare for such events.

Setting a retirement date is important for several reasons such as; understanding your retirement timeline, calculating the savings rate needed to acquire enough money to retire on time, and ensuring you don’t outlive your retirement account.

Shockingly, more than 50% of people who had a planned retirement date didn’t retire on or near that date. The largest reason was due to an illness or disability. Poor health resulted in having to leave the workforce early. Many people do not plan for this and it’s why using a financial advisor and having a written financial plan is vitally important.

Leverage the knowledge and experience a financial advisor has in helping people develop a contingency for unexpected job loss or permanent ability to work as in the case of poor health.

Strategies for investor and their portfolios through challenging markets.

In this video, we discuss investment principles that can affect your long-term investment success such as:

➤ How long you will live during retirement

➤ How inflation can affect your purchasing power

➤ The power of dividends and compounding

➤ Avoiding emotional investment and trading on fear

➤ Investing during times of volatility

➤ How to Diversify your portfolio and why

➤ Staying invested and avoid trying to time the market Successful long-term investing involves crafting a well-diversified portfolio with low correlation. 60/40 Equity/Fixed income portfolios (Balanced) have done well for many investors although you must keep in mind your own risk tolerance timelines and personal investment goals.