Відео

Love the clickbaitey title haha, I was like WHAAAAAT?!???? But yes, I’ve moved the funds from my non-registered investment account, and set up a TFSA investment account and continued my investing adventures in there. Long story short, not having to pay capital gains makes a huge difference in tax season.

This video seems really off to me - especially the bizarre statement about being in the sun as we age. As I grow older my biggest enemy is direct sunlight and I look forward to retiring north where I never have to endure weather above 55 degrees. I also want to work until I am 99.

Need more money to ship off to the WEF eh

Switched my rrsp to high risk and don't pay into it any more. 45k. Started tfsa in medium risk. They both made 34 percent Last year.

Thank you. Greatest appreciated.

How is 20000 tax free from your spouse rrsp if they have no income ? Don’t you still pay 20 or up to 50 percent back to federal taxes no matter what for different amounts pulled for spouse rrsp?

150% after 14 years. People need to reduce their lifestyles and discretionary spending. plus joint last to die estate insurance and joint first to die for the surviving spouse. we can spend an extra 40% of our savings before the first death and its all returned tax free via permanent life insurance bought 25 years ago. You must plan at age 45 and work backwards from death to today to beat the system

I"m 64 & plan on working until I'm 70. I'm delaying my CPP until 70 because I come from longevity & with the cost of living the way it is today, I will need that extra income. It's a gamble no matter what you decide to do. Plus, I want to travel as long as I can. I exercise & try to keep myself healthy so maybe it will all pay off.

Bingo..you hit it all on the head.

I am excited to retire this October. YAY! Free at last, free at last, thank God almighty, free at last!

Hi Adam ! Do you know if Doug Runchey still around? I need his service in regards with my cpp calculations

Good content. I own 12 stocks in tfsa. Got lucky with Nvidia. I think that quality growth stocks are the way to go in tfsa. Dividend stocks that grow their dividends at 8 to 10 percent are great for cash margin account.

Could you do a video about retirement plans for the average retiree? By average I don’t mean the “average” 73K Canadian income. I see videos about retirement and I see plans that aim at 5k or 6k income a month for retirees. A lot of people don’t make even close to that when they are working and don’t have even close to 500k saved up when they retired. So these videos are so misleading. Thanks. Excelent videos good job.

Took mine at 60, if I waited until 65 it would be $300-$400 more per month, but from 60-65 I will amass close to $50,000 . It would take me until I am 72 to make that $50 k back @ $300-$400 per month

The question is at what point do they come out and announce that while you will still have to contribute and an increased amount yearly, that there will be no new applications for the CPP? Grandfathered in. January 01 no new application accepted and a few years later no CPP at all.

Hum...no surprise

Sadly the anxiety is taking its toll now, not retired yet, still working, (don't want to) but have had long periods of time off work as a pre-retirement scenario. Not enough money coming in when off work. And when i do retire, my assets are far below a comfortable retirement. The expenses/ income (cpp, oas, rrsp tsfa) will not hold me long in the near future. No Go-Go phase, can't afford to go anywhere or spend much. So I am in the middle box. In the Anxiety/Depression phase. Hasn't happened yet but it's coming. Damn it Wanda!😟

“We all fear?” Speak for yourself.

What available retirement calculator do you recommend?

CPP😂yea 400 bucks a month , that will help you a lot 😵‍💫🙏🏻, only your savings and leaving overseas can save you 🌴🌞

This stuff is brilliant! I’m doing most of this stuff, and work 3 days a week part time. Currently enjoying a 2 week Mediterranean cruise, currently 62

I recently retired after two months. I’d watched some of your videos. This one echoes the most of my current situation. I feel like you were talking directly to me. Thank you!

When you compare the gov pension received by US citizen to twhat we are getting in Canada. You would think the USA is a socialistic state.

I told my boss that I'm practicing for retirement at this moment. I'm not sure he knows how to take that.

I don't see anything wrong with having a retirement plan drafted early in one's working life. Even if all that comes from it is a pay yourself first mindset and more thoughtful spending, you'd be ahead of almost everyone else.

Thank you Jason for this video.

i might be able to before 35, but I am afraid of losing the working fun part.

You're right on with phases of retirement. I'm in year 8 of retirement and going into the reorientation phase. Great videos!

honestly, i dont understand

Canadian trusts provide ZERO asset protection. Go offshore.

Just so people know you can reverse your CPP up to 11 months after you start in case you go back to work or want to bleed some capital gains or RRSP down.

I have yet to see any money that was promised. Just another lie I suppose. Never changes. I keep paying back on the clawbacks yet nothing from the promised money that was going to help us seniors out.

4th Type. Exhausted. Loved what you did, but it has taken its toll on you.

I became a male porn star at 60. Not earning much as I get paid by the hour, however I’m so much happier than I was in my banking job. I’m between the go-go and no go stage.👍🏻

I suppose if you were anxious before retirement you would tend to be anxious in retirement but you would have more time to manage stress and deal with anxiety. I would suggest that if you’re anxious start to manage that now as soon as possible. Breathing exercises can really help.

I feel for people who have anxiety 🙃 in retirement. I am so content with my DB pension and minor investments. Your group found money for me that I didn't know existed, thanks. Retired at 57 and am quite content with no fear.

Three and 1/2 years I ago I semi retired from a stressful job. At 57 I found a part time job I love! This golden opportunity has allowed me to spend more time with my Dad (now 91) who suffers with dementia. Key to retirement is planning! I planned this for 25 years. Absolutely thrilled I was financially stable to execute my plan.

I really appreciate your videos and advice. Thank you

Three years ago at 63, it was no 3 for me but right away it transitioned into no 1 traveling 5 times a year and $$$ was never an issue. I am still enjoying my life travelling a lot. I am writing this comment from Siouth Africa now.

Retirement becomes truly fulfilling when you possess two essential elements: simple financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement. My question now is how to get a good financial advisor that I can invest with and have good returns before retirement age.

I lived long enough to see people leaving Canada to live in Mexico and Colombia. Interesting times

Canada's so great people don't want to retire here

Anybody who invests usually has a diverse portfolio not all eggs into 1 basket ? I think the govt. would do much better by making the cpp a choice/voluntary. Its not right that both a worker and his employer be forced to invest x-amount of their earnings into a retirement plan they don’t like ? At the very least allow the employee to invest his 1/2 into whatever he feels is the best way while the employer must pay the cpp. Then the employee could have a second back up plan to counter any issues with the cpp in the future.

100% for part-time option. If you're convinced it's a good time to pull the pin, try stepping down to 2 or 3 days a week doing anything you find acceptable. There are low-ish wage jobs that dont create much stress, might keep ya fit too. That 3 or 400 bucks a week is play money, or otherwise useful.

Is this RIF at 65 for Canadians or US citizens?

Thank you so much for this information!

I need to get my portfolio out of cibc's 2.25% rrsp management fees. Does it really matter if the markets are up or down for timing when to move it?

I am serving in the military and the irony is that I can’t afford to retire in the country I have sworn to protect!

Hundreds of millions of tax mont were collected by professional crooks and organized crime when government opened the gate for COVID payouts without any checking or restrain. Foreign aid is a drop in the bucket comparing to that.

Living in Mexico is no longer cheap, Asia and Africa should be your new place