Here are the 8 common mistakes retirees and retirement savers make with their Tax-Free Savings Accounts (TFSA). We cover mistakes like over-contributing, misunderstanding withdrawal rules, day trading within the TFSA, and not naming a successor holder or beneficiary.   We provide actionable advice to help you avoid these common pitfalls and help you implement sound strategies so you can optimize the benefits of your TFSA for long-term financial security.  Read the full show notes and find more information here: EP 86 Show Notes ..read more

We look at the various types of debt retirees might carry and the profound impact they can have on your financial well-being. You’ll gain an understanding of how mortgages, lines of credit, car loans, and credit card debt can shape your retirement lifestyles and long-term financial goals.   We emphasize the importance of integrating debt reduction strategies into retirement planning, providing actionable insights such as debt consolidation, refinancing, and accelerated payments.  Read the full show notes and find more information here:  EP 85 Show Notes   ..read more

Joe and Dr. Sally Chivers-Storey explore the dynamics of aging, retirement, and intergenerational collaboration.   They delve into the complexities of navigating workplace tensions arising from different generational perspectives and caregiving responsibilities. Dr. Chivers emphasizes the importance of valuing the wisdom and experiences of older adults, challenging ageist beliefs, and fostering intergenerational spaces where individuals of all ages can learn from each other and contribute meaningfully to society.   Read the full show notes and find more information here: EP ..read more

This month Joe and Regan dive into how to educate grandchildren about money. They use real-life examples like grocery shopping and budgeting exercises. They look at how grandparents can make meaningful contributions, such as gifting money with a purpose, like for a car or post-secondary education while instilling lessons about financial responsibility.  By engaging in open conversations and setting positive examples, grandparents can play a crucial role in shaping their grandchildren's financial literacy and long-term financial well-being.  Read the full show notes and find more info ..read more

We explore the top five non-money mistakes in retirement planning. We look at how retirement isn’t just about financial readiness but also about finding fulfillment and direction in life post-career.   We look at the significance of social engagement, staying physically active, maintaining a growth mindset, and transitioning from a savings to a spending mindset in retirement.    Read the full show notes and find more information here: EP 82 Show Notes ..read more

In this podcast episode, hosts Joe Curry and Lindsay Wilson discuss common mistakes in retirement planning, cautioning against relying solely on advice from friends and family who may lack expertise in financial matters. They emphasize the importance of seeking professional guidance tailored to one's unique situation, highlighting scenarios such as CPP payment timing and asset allocation during market downturns.  The hosts stress the necessity of comprehensive planning, including considerations of retirement income sources, tax strategies, risk management, and estate planning. They advoca ..read more

In this episode Joe and Lindsay examine the nuances of life insurance inretirement.Do we really needit, or is it just another added cost? Read the full show notes and find more information here: RPS Ep 38 Show Notes   ..read more

There isn’t a wealth of information on how to retire as a single person.However, it’snot uncommon to enter retirementon your ownfor a variety of reasons.The reality is that single people don’t have as many planning options as couples, but there are some options.  Read the full show notes and find more information here: RPS Ep 36 Show Notes ..read more

How can we pursue a better investment experience? Knowing how to invest is something but understanding how to get the most from your experience is another. There are many components that go into being a successful investor including knowledge of the market, practicing smart diversification, and focusing on what you can control. Read the full show notes and find more information here: RPS Ep 33 Show Notes   ..read more

We explore critical aspects of preparing for retirement, urging you to look beyond just financial readiness. From overspending early in retirement to underestimating life expectancy, we examine various retirement risks, emphasizing the need for a comprehensive approach that includes staying socially engaged, continuous learning, and nurturing emotional and psychological well-being.  Read the full show notes and find more information here: EP 63 Show Notes ..read more