RR

[@Jody_VE5SAR]

Would love to see a revisiting of these topics with Fred, now that he's released the 2nd edition of his book and that we're now entering the post-pandemic high-inflation world.

[@khamady]

I am not Canadian but I still find the content super interesting & relevant in general. Keep up the good work!

[@rd221]

I agree. I’m not Canadian either and this was very insightful. This gentleman you have as a guest is very knowledgeable and articulates himself well.

[@cameronpassmore1561]

Thanks for listening. This is our objective.

[@Thomas-sb2fg]

This is so good!!

[@serialmigrant]

There was a contradiction in the interview... He discussed the gap between when ppl think they will retire (65) vs real average retirement age (58)..due to ppl being forced into retirement. So ppl end up underfunded due to those 7 missing earning years... But then he said its "hard" to plan to retire early at 55... If average real retirement age is 58... Wouldnt u want to plan your savings so you "can retire at 55".

[@janicechapman310]

Fantastic interview with Fred Vettese. I’ve read his retirement income book and benefited from his advice re deferring CPP and other ideas but hearing him in person is VERY powerful. My biggest aha moment was his description of why interest rates are staying low being a supply and demand of savers versus borrowers. It makes so much sense. Thank you so much for this interview. I will be following you in the future

[@zweck4629]

Underspending and dying with a large portfolio is not a problem imo. You can leave that money to people you care for or to a charitable cause, its not wasted. A couple 100k can do alot of good, givewell estimates that you can save a life for a couple thousand dollars on average by donating to the malaria consortium atm for example. If every retiree left half of their surplus portfolio to an effective charity we could solve many of the worlds problems.

[@mustavogaia2655]

It is only a problem if one "underlived". I mean, consume less than, lets say, a certain comfort level and died with a large portfolio.

[@tammylaughlin9772]

O8 ,

[@magyir]

Greetings from Switzerland. Excellent talk, and great questions. Very applicable and actionable also outside Canada. I'll be checking out the new book when it comes out. This video (and series) deserves much more views/exposure.

[@ninjapro2271]

Hey Ben, can you make a video talking about portfolio's rebalancing frequency and expected stock returns?

[@rudged123]

Much of this interviewer's perspective seems to be rooted in a conviction that interest rates will remain low for the foreseeable future. It would be interesting to have him come back and reflect once more on these issues in light of the dramatic interest rate increases that have occurred since.

[@Bobventk]

You can tell he knows very little about investing in the market

[@jorgeferreiro9783]

In talking about annuities, Vettessee fails to note that most annuities are not inflation linked unlike civil service pensions. This is a huge difference

[@FIREWeGo]

Great interview and lots to consider. Wondering if you guys are thinking of having a podcast to discuss what Fred shared? Few things I'm considering: a) NOT use the 4% rule. And b) using CPP after 70... thanks and stay safe!

[@jean-claudebertrand7125]

Delaying OAS until 70 to gain an additional 36% + inflation seems to also be a good strategy even though it is lower than CPP increase at 42% for delaying it to 70. I am thinking that it would be unlikely to achieve a 36% gain in 5 years with a 50/50 balanced portfolio and that without risk. What am I missing here?

[@johnjakobs6563]

Though I suspect it is a rhetorical question, you are not missing anything! In fact, by using more of your RRSP money from 65-70 and drawing it down before you must withdraw at least 5.28% staring at age 71, you lower the risk of OAS clawbacks. Plus, as Fred points out, you are using the higher risk portion of your overall retirement plan earlier.

[@freedomlife3623]

You missed human nature part, they want it even though it’s illogical mathematically.

[@owlegrad]

What a great interview, love it!

[@RobbieSolo]

What happens if the annuity company goes bankrupt, are there guarantees like there is if a bank fails with CDIC ?

[@danfawcett5706]

There is insurance for insurance companies that go bankrupt. One of Fred’s books explain it but similar to the one for banks

[@mustavogaia2655]

about at 45:00 - he lost me. He spent the previous minute telling people to spend more, then at 45:00 he says the tha 4% withdrawal is too much. I hope I did get something because this makes no sense.

[@jal8822]

20% of net income or gross? Also, he was a bit wrong on interest rates in the end of the video.

[@bklklklklkl]

love the podcast, keep pumping them out!

[@mayfieldmanor5344]

Please consider that a retirement home stay costs $6,000 per month for a single room. That cost must be factored into the calculation.

[@leobrown4484]

What I heard in the video to deal with retirement homes, is that it is rare for people to go to and if its necessary your home equity should be used for retirement homes, if you rent or cannot afford you will have go on a list for a government run nursing home - which are subsidized.

[@gustavobvitorino7950]

Minimum amount of regret

[@windowpane1000]

Good podcast.

[@alfredo8431]

This is great!

[@scottclarke8522]

This guy is scared of the stock market.....

[@jal8822]

His point on risk is accurate. Why take risk if it isn't necessary?

[@darhurian]

1:10:57, Ben's smile when Fred talks about 'hypothetical' childcare expenses incoming :).