Podcast Episode Details
Back to Podcast Episodes
How To Design Your Retirement Income: An Overview (Canadian Financial Summit 2023)
Season 2 Episode 41
With the Canadian Financial Summit coming up at the end of October, I wanted to share over the next few weeks content that Summit attendees had access to 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!
//
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 podcast episode, 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?
Published on 1 year, 3 months ago