Episode 60: What Not to do When Investing for Your Retirement

Investing for retirement requires a proactive approach that considers many factors.

As part of your investment strategy, you will need to understand the opportunities and challenges that contribute to reaching your retirement goals or will hold you back.

There are several key concepts that can help you formulate a solid strategy:

• How long is your investment window?

• What are your plans for retirement?

• How much money do you need to fund a comfortable retirement?

• How much money can you afford to invest in pre-retirement in order to fund your desired retirement lifestyle?

Being aware of what works and what doesn't work is important, as it will help you stay on track with meeting your retirement goals more effectively.

Book your FREE Retirement Planning Consultation and check out our master class on Retirement Planning for an in-depth look into our planning process here: https://value.schillerandassociates.com/retirement

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Thanks for tuning in to Your Canadian Retirement Specialist!

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Regan Schiller holds his Certified Financial Planner, Registered Retirement Consultant and Certified Life Underwriter designations. He is an Executive Financial Consultant licensed under Investors Group Securities Inc.Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). Additional investment products and brokerage services are offered through Investors Group Securities Inc. (in Québec, a firm in Financial Planning). Investors Group Securities Inc. is a member of the Canadian Investor Protection Fund. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently, and past performance may not be repeated.

LIRA regulations vary provincially. For more information on LIRA in your area, please refer to your provincial government's website. Additional information on the Canada Pension Plan and Old Age Security can be found at:

www.canada.ca/en/services/benefits/publicpensions.html.

Music courtesy of LesFM: https://lesfm.net.