12 Years of Retirement Planning in 14 Minutes

[@beachesfinancialgroup]

Join over 1500 others and sign up for our FREE retirement guide: www.bellvest.ca/family-wealth-beaches/retirement-plan-guide/

[@rodbrown7284]

I’m an Australian watching a Scotsman talking about Canadian retirement planning. 😂

[@jwallace9984]

Got to love the internet!😊

[@beachesfinancialgroup]

Brilliant, good to have you here @rodbrown7284 ... where in Australia are you from?

[@beachesfinancialgroup]

@@jwallace9984 The internet can both be a mad but cracking place at the same time!

[@rodbrown7284]

@@beachesfinancialgroup near Shepparton, Victoria. Orchard and dairy country. I do watch quite a few Canadians on KZbin and have been listening to the Rational Reminder podcast for quite a while.

[@beachesfinancialgroup]

@@rodbrown7284 Good podcast that is, I listen to it every now and then myself. Do you have any connections to Canada?

[@robertross8565]

Great advice my favourite Scotsman.

[@beachesfinancialgroup]

Thank you sir. Must have a wee bit of Scottish in you with a last name like yours?

[@billyrock8305]

You’re a topgun retirement financial planner! Outstanding summary. Another excellent presentation. ✅ The CPP as a value annuity is a powerful statement. $32,000= $560,000. But over how many years 20? 30? 🏴󠁧󠁢󠁳󠁣󠁴󠁿

[@beachesfinancialgroup]

Thanks very much @billyrock8305 always appreciated! The figures for the annuity was a life annuity so for as long as one would live.

[@billyrock8305]

@@beachesfinancialgroup Right! ✅ Thanks for clarifying.

[@beachesfinancialgroup]

No worries sir, hope you are enjoying this last stretch of the summer!

[@OurRetireEarlyJourney]

Great stuff!

[@beachesfinancialgroup]

Thanks guys really appreciate it, I am just coming across your channel now as well so will have to check it out!

[@KingNath108]

🔥🔥🔥

[@beachesfinancialgroup]

Thanks Ron!

[@rhondasloss5451]

I would like an estate directory please

[@beachesfinancialgroup]

Hi @rhondasloss5451 please let me know your email address and I will get that sent over to you today. Alternatively if you would rather not broadcast your email over KZbin please email me [e-mail] and I will respond with the estate directory.

[@robertross8565]

Yes sir. I have Scottish ancestry; so does my wife. I sure hope we’re not cousins 😂.

[@beachesfinancialgroup]

😂 I don't think there are any Ross' in the family tree but you never know! Where in Canada are you?

[@robertross8565]

I live near Vancouver

[@beachesfinancialgroup]

@@robertross8565 Ah nice, I was over that direction about 10 years ago, nice part of the world!

[@jwallace9984]

It always puzzles me why wealthy people get so excited about trying to avoid the OAS clawback. If you are earning more than $90,000 a year in retirement, you are doing very well! Such fortunate people should be happy in my opinion to pay back a little to this fabulous country that has allowed them to accumulate such wealth. 🇨🇦

[@beachesfinancialgroup]

Totally fair point @jwallace9984 in the grand scheme of things OAS clawback should not be something to lose sleep over. If you can avoid it then great but if not, there are worse positions to be in!

[@billyrock8305]

@@jwallace9984 Exactly! 🇨🇦 🥇

[@republican7]

The shifting economy has led many to pursue extra sources of income, and I'm contemplating the stock market as a means to reach my $3M retirement goal. However, the recent crash has raised some concerns.

[@dareadams2669]

For the majority, their problem can be resolved through specialized knowledge, so seeking advice from a knowledgeable advisor is a good idea.

[@kingzhao3587]

@@dareadams2669 I agree, even though I'm new to investing, my financial advisor worked wonders in just over six months after I invested a $500k lump sum, and I've made a significant profit. Now, I'm purchasing real estate, gold, and silver based on my advisor's recommendations.

[@republican7]

@@kingzhao3587 I’ve been thinking about getting one, but I haven’t taken any steps yet. Could you recommend your advisor? I could really use some help.

[@kingzhao3587]

@@republican7 Kris Lizette Dornbush is the licensed advisor I work with. Just look up her name online, and you’ll find all the details you need to set up an appointment with her.

[@beachesfinancialgroup]

There are always concerns when it comes to the market. Just make sure you are investing in something that aligns with the level of risk you are willing to take.

[@RomeoWhiskeyTango]

I would like an estate directory please.

[@beachesfinancialgroup]

@RomeoWhiskeyTango please email me [e-mail] and I will send you a copy by email.