Your Canadian Retirement Specialist

Hello, and welcome to another episode of Fireside Financial. Today, we will discuss the importance of an emergency fund, even in retirement. Why would you want an emergency fund, you ask? Keep on listening to learn more. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Welcome back to Fireside Financial. Today we will be discussing the benefits of engaging in part-time work or starting a side hustle during retirement. Whether you're looking to stay active, pursue a passion, or supplement your income, there's a world of opportunities waiting for you. Let's explore how you can make the most of your golden years. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Hello, and welcome back to another episode. Today, I will discuss how some investors may find it easy to get distracted by new shiny investment objects derailing them from their original plan. Want to learn more? Keep on listening. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Hello, and welcome back to another episode. Today, we will be talking about bond portfolios. When we look at government and corporate bonds, it essentially is a loan by you, the investor, to a government and also to a company. You are then paid regular interest income until the bond matures, at which point you get back the amount you originally invested. Want to learn more? Keep on listening. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Have you ever wondered how you can draw a retirement paycheque or how to create income streams in retirement? If so, you are not the only one. We cover this and so much more in the latest episode of Fireside Financial. As always, we hope you enjoy the episode. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Welcome back to another episode! Today, we're diving into the importance of contributing to your RRSP and why starting early and contributing consistently is a smart financial move. By beginning your contributions on January 1st of each year, you give your money more time to grow, potentially making a significant difference in the long run. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates.Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome to another episode of Fireside Financial! Today, we dive into the invaluable role grandparents can play in educating their grandkids about money and shaping their financial future. Sit back, relax, and enjoy the episode. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Hello, and welcome back. Today, we are going to dive a little bit deeper into guaranteed investment certificates, A GIC is a loan you provide to a financial institution. Want to learn more about what a GIC is and how they work? Keep on listening. Disclaimer: GICs issued by Investors Group Trust Co Ltd., and/or other non-affiliated GIC issuers. Minimum deposit, rates and conditions are subject to change without notice. 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. Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). And 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. Written and published by IG Wealth Management as a general source of information only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an IG Wealth Management Consultant. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates.Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Have you ever thought about the distinguishing factors between successful individuals and those who are not? Those who take charge of their finances with a positive mindset typically have a better chance of achieving their financial goals. Let's explore five strategies to enhance your financial mindset. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates.Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Today, we are going to unpack five retirement planning myths. Let's dive in! Myth #1: Your cost of living will go down. Myth #2: An RSP is a complete retirement plan. Myth #3: You need 1 million dollars to retire. Myth #4: You need to be conservative with my portfolio. Myth #5: You can't have debt in retirement. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates.Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome to another episode of Fireside Financial. Today, we are going to talk about how to best receive an inheritance. If you missed last months episode, we recommend diving into that one as well - as this is a part 2. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Hello and welcome back to another episode. Today's topic is around the conversation of receiving an inheritance. An inheritance can come in many different ways. It can be money, investments, real estate etc. Talking about what you will receive ahead of time, and making plans can help you thrive! 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates.Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome back to episode #10 of Fireside Financial. Today, we're going to be talking about how to best prepare your family to receive your inheritance. We hope you enjoy the episode. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Get prepared for this tax year and the important dates to keep in mind. In this episode, Regan Schiller helps keep track of some important upcoming deadlines in 2024 regarding your RRSP, personal tax returns, and so much more. It's time to mark your calendars! 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Earlier this year the CRA said they will be making some adjustments to how much you can contribute to the CPP. Each year the CPP amount does go up! 2024 is no different. But something is new! Want to learn more? Keep on listening. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

You may have heard that life insurance is something you need to have. However, there are many benefits with life insurance that can be profound, especially when it comes to dealing with your estate. That's why it's important to look at all of your options. In today's podcast, Regan will focus on individuals with a larger estate and some of the little-known tax benefits associated with life insurance. Regan also explores some of the ways this could potentially be a strategy for you and your family by looking at life insurance to preserve your estate's value. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome to episode 9 of Fireside Financial! In today's episode, we delve into the indispensable essentials of estate planning. A will is a must-have for everyone, yet it often gets relegated to the back burner of priorities. Despite its importance, it rarely feels urgent. However, the myriad reasons underlying the significance of having a will cannot be overstated. Curious about these crucial reasons? Stay tuned to find out more. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel

Almost 1.4 million Canadian households have reported property rental income. Since 2022, the rent has increased by 11%, especially in major cities like Vancouver and Toronto, making it more popular to invest in property. However, when deciding whether renting out a property is for you, there are many considerations and tax implications to think about. In this episode, Regan will help you address what you need to know before you even get involved in renting out any properties. This includes how much income tax you will pay on your rental income, what tax deductions on rental properties are available, and how the capital gains tax on rental property works. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

How we act later in life strongly correlates with what we learned in our youth. That's why it's essential to teach kids about money. You can help your kids excel with their finances by helping them develop a sense of what to do with their financial matters. Teaching children the value of money can help them understand where it comes from, what it represents, how to earn it, and what you can buy with it. In this episode, I share 5 ways you can teach your kids about happiness with their money and pave the way for a brighter financial future. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Have you ever heard the saying, "Don't keep your eggs all in one basket?" The same can be said for stock diversification. Having a well-diversified portfolio means owning a wide variety of assets. You can invest in a number of economic market sectors, asset classes and locations to minimize your risk. This means that the positive performance of some assets can outweigh the negative performance of others. In this episode, I help you learn how to diversify your stock portfolio for Canadian investors. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome back to another episode of Fireside Financial with your hosts, Regan Schiller and Joe Curry. In this episode, Regan and Joe discuss how to cope with market volatility, whether you are in retirement or in the process of retiring. Thinking about your retirement and your portfolio in phases can help when it comes to your long-term investment. Tune in to the episode to navigate through market volatility and understand more about market resilience. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel Retirement Navigator – A holistic tool from RPS to help you plan your retirement Your Canadian Retirement Specialist – Regan's podcast Your Canadian Retirement Specialist – Regan's Youtube Channel Regan Schiller & Associates | IG Private Wealth Management Are You Nearing Retirement? – Article from Financial Planning Canada about being strategic when collecting CPP/QPP benefits CPP OAS Views of guest speakers may not be shared by IG Wealth Management. 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.

Therapy is a useful tool that can help improve your mental health and stress levels - but can it make you richer? If you are struggling with your mental health, prioritizing your financial wealth may not be your top priority. However, with therapy, you can address the root causes of your financial struggles and focus on making smarter financial decisions. In this episode, I discuss the importance of seeking a financial therapist and how they can help you grow your personal finances over time. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Have you ever wondered how you can turn your vacation home into a source of income? If you have a cottage, cabin, chalet or bungalow you aren't using as often as you like to, it may be time to consider renting out your vacation home. It can be another way for you to bring in year-round income, depending on the location and size of your property. In this episode, I go over some things you need to know before renting out your vacation home. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Statistics sourced from www.airbnb.ca and www.igms.com Music courtesy of LesFM: https://lesfm.net.

How you spend and save your money can have more of an impact on your well-being than you may think. Integrating happiness in your financial planning can mean saving for the things that bring you genuine joy and happiness. With a meaningful financial plan in place, you gain a sense of direction and purpose. This episode explores the importance of intentional spending and how the purchases you make can lead to a more fulfilling and balanced life. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome back to another episode of Fireside Financial. In this episode, Joe Curry and Regan Schiller are discussing HELOC versus reverse mortgages versus an all-in-one and how to know which option is best for you. The hosts examine this frequently asked question by exploring the advantages of each one and what flexibility they can offer you in retirement. Especially when it comes to future expenses, medical care, or home renovations to accommodate for accessibility. When it comes to debt, the home can be your biggest investment of wealth to tap into. This episode dives into how your home can be a significant asset and how to plan for any unforeseen costs. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry - https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ Regan Schiller - https://www.linkedin.com/in/schillerandassociates/ Retirement Planning Simplified – https://www.retirementplanningsimplified.ca/ Retirement Planning Simplified – https://www.youtube.com/channel/UCOnQcuvhpGpJpLjt3w2H6MA Retirement Navigator – A holistic tool from RPS to help you plan your retirement Are You Nearing Retirement? – https://schillerandassociates.com/ CPP - https://www.canada.ca/en/services/benefits/publicpensions/cpp.html OAS - https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security.html Views of guest speakers may not be shared by IG Wealth Management. 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.

For privately owned companies, succession planning is the process of preparing to pass the ownership and leadership of a company from the current owner to a new one. Successfully transferring your business requires time, the right expertise, and a detailed strategy. The process doesn't happen overnight. To ensure that this change in ownership doesn't affect your business operations, you can plan these details ahead of time. In this episode, I will explain the best practices for succession planning to help you pass your business over to a family member, employee, or potential third party. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Health and dental care and other benefits are part of a comprehensive benefits package for which millions of Canadians are signed up. Your company might provide you with insurance (Life, Disability, Critical Illness, etc.), dental and health care coverage and/or a pension/group RRSP. When one leaves their employment, what happens to them? Eventually, you may decide you've had enough of your current workplace. Whether you leave your current position to take on a new one elsewhere, quit your day job and create a business of your own, swap professions or retire, you may wonder what happens to your benefits. Coverage often only extends during active employment with the employer, though this may vary by plan and provider. In most cases, once your notice period ends, so do your benefits if you resign. If you are laid off, your benefits may remain for a set time, but if you are fired, they may terminate immediately. Talk to your company's HR department as soon as you know you'll leave to determine when your benefits will stop. You can also contact your service provider to determine your choices for maintaining your coverage and perks. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Have you heard about the Multi-Generational Home Renovation Tax Credit (MHRTC)? This new tax law that came into effect in 2023 grants Canadians the expenses required to create a secondary living space for an elderly or disabled relative. For those planning on renovating their home so an eligible family member can move in with you - then it may count as a qualified renovation. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. *Information for this article was sourced from https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/budget-2022-plan-grow-economy-make-life-more-affordable/multigenerational-home-renovation-tax-credit.html

Preparing for the potential of living to the age of 100 can be both a source of comfort and a stark wake-up call. Acknowledging this possibility is essential for effective retirement planning. To reach this milestone, it's imperative to establish a robust support system and select a residence that aligns with your needs during your retirement years. Living to age 100 demands considerable effort and unwavering motivation. It's not just about longevity; it's about embracing a lifestyle that ensures a fulfilling and secure future. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Increasing inflation, especially the record levels we've witnessed lately, invariably grabs the spotlight. While numerous individuals are concerned about their ability to afford progressively more expensive goods, retirees often harbor greater concerns about the erosion of their savings' value caused by inflation. In this episode, I go over some strategies that will help you inflation-proof your portfolio. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome back to another episode of Fireside Financial. In this episode, Joe Curry and Regan Schiller explore the complexities of optimizing retirement income through strategic withdrawals from Registered Retirement Income Funds (RRIFs) and other retirement accounts. They delve into the advantages of early RRIF excess withdrawals, even in cases where clients may not immediately require these funds. The hosts examine the realm of astute tax planning, emphasizing the benefits of channeling funds into Tax-Free Savings Accounts (TFSAs) to reap tax-free growth and withdrawals. They underscore the significance of contemplating long-term tax consequences as opposed to annual tax evaluations and evaluate dynamic withdrawal strategies like the "guardrail" approach, crafted to adapt to evolving portfolio performance. This episode, enriched with expert guidance and real-life illustrations, provides a treasure trove of insights for individuals navigating the intricacies of retirement planning in Canada. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel Retirement Navigator – A holistic tool from RPS to help you plan your retirement Your Canadian Retirement Specialist – Regan's podcast Your Canadian Retirement Specialist – Regan's Youtube Channel Regan Schiller & Associates | IG Private Wealth Management Are You Nearing Retirement? – Article from Financial Planning Canada about being strategic when collecting CPP/QPP benefits CPP OAS Views of guest speakers may not be shared by IG Wealth Management. 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.

A Tax-Free Savings Account (TFSA) serves as a valuable tool for most Canadians seeking to build wealth while minimizing tax liabilities. While there are numerous advantages to using a TFSA for investment purposes, it's crucial to be aware of potential errors that can prove financially burdensome. This episode delves into the eight common missteps individuals often make and offers guidance on steering clear of them. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

When your aging parent is no longer able to keep track of bills, investments and money management, someone else must step in. Often the parent has appointed an adult child or other relative to do the job. It can be a lifesaver or it can create explosive conflict and unnecessary costs. In today's episode, we go through some common mistakes made when managing money for an aging parent or relative. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Welcome back to another episode of Fireside Financial, where your hosts Regan Schiller and Joe Curry answer your retirement-related questions. Regan and Joe share their expert insights and practical examples, offering you valuable guidance as you navigate the challenges of retirement planning in Canada. They answer your questions on CPP, pension plans, and retirement planning strategies, and explore various retirement scenarios, such as working part-time after age 60 and its impact on CPP. As well, they discuss when to start planning for retirement and how TFSA affects government income supplements. Thanks for tuning in! And, if you have retirement related questions, be sure to reach out and share them with Regan and Joe—they will answer them in an upcoming episode. Get in touch with Regan and Joe: Regan Schiller: https://www.linkedin.com/in/schillerandassociates/ Joe Curry: https://www.linkedin.com/in/joseph-curry-b-sc-cfp-chs-42659247/ 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 Prefer to watch videos to get great information? Check out our YouTube Page. What You'll Learn in Today's Episode: Working Part Time and CPP: Joe and Regan discuss the effect of working part time and receiving CPP payments for people aged 60-65. Such work won't negate CPP payments, and can improve them. The CPP formula allows you to replace low-income years. Defined Benefit Pension Plans: Regan and Joe discuss the different scenarios of taking a commuted value from a pension plan versus receiving a monthly pension. Factors like risk tolerance, required rates of return, and legacy planning influence decision-making. Optimal CPP Timing: When should you start CPP payments? Taking CPP early may ease portfolio stress, but delaying payments can be more beneficial, even if advisors suggest otherwise. Regan and Joe suggest you evaluate factors like other income sources, survivor benefits, and required rates of return, in order to choose the best strategy for you. Retirement Planning Timeline: Start your retirement planning as early as possible, ideally three to five years prior to your retirement date. Keep in mind that a longer planning horizon allows for adjustments, testing income needs, and making necessary course corrections to ensure a comfortable retirement. Testing Out Retirement Spending: Regan and Joe suggest testing retirement income by living off the projected retirement budget for a year. This will help you determine if your retirement expectations are in alignment with reality, and will help you identify potential adjustments before fully retiring. CPP and Living Outside of Canada: Regan and Joe clarify that if you leave Canada, you remain eligible for CPP payments: contributions made to the plan cannot be withdrawn. You will receive your CPP benefits when you retire, regardless of where you live. Government Income Supplements and TFSAs: Money earned within a Tax-Free Savings Account (TFSA) doesn't impact other income-tested benefits like the Guaranteed Income Supplement (GIS). Earnings within a TFSA remain tax-free, making a TFSA account a valuable tool for retirement planning without impacting government assistance eligibility. Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified – Joe's website Retirement Planning Simplified – Youtube Channel Retirement Navigator – A holistic tool from RPS to help you plan your retirement Your Canadian Retirement Specialist – Regan's podcast Your Canadian Retirement Specialist – Regan's Youtube Channel Regan Schiller & Associates | IG Private Wealth Management Are You Nearing Retirement? – Article from Financial Planning Canada about being strategic when collecting CPP/QPP benefits CPP OAS Views of guest speakers may not be shared by IG Wealth Management. 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.

Anyone with a variable rate mortgage in Canada understands the impact of rising interest rates. A rate hike can either cause borrowers' debt payments to climb or reduce the amount of principal their mortgage payments pay off. Interest rate rises are caused when the Bank of Canada decides to increase its overnight rate, which is a short-term interest rate that factors into lending costs. Depending on the economic circumstances, interest rates can rise substantially over a year. Most people are aware that rising interest rates have an impact on mortgage costs: variable rates typically rise in line with the overnight rate, and it can also become more expensive to renew a fixed rate mortgage. However, higher interest rates can impact other aspects of our lives as well. What should you do during periods of rising interest rates? You should speak with an IG advisor to discuss how rising interest rates might impact your portfolio. They can provide advice and suggestions to deliver better returns in a higher-rate environment. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

In today's episode, I sit down with author and coach, Jane Blaufus. We discuss the concept of courageous conversations and how to have them, so that we can be better prepared for life events, both personally and financially. Best Selling Author Jane Blaufus draws from her extensive expertise in the financial services world along with her own personal experiences after losing her first husband to help people have the necessary courageous conversations in life. Her book, WITH THE [STROKE] OF A PEN: Claim Your Life and companion planning binder have become recognized as excellent resources to help individuals to get the conversations started not only with their loved ones but also with their life insurance advisor, lawyer, accountant, and funeral planner to get their personal and financial lives in order while they can. The first six listeners to write in will receive a free copy of Jane's bestselling book, WITH THE [STROKE] OF A PEN: Claim Your Life. Terms & conditions apply. To register and view the terms and conditions, please contact us at [email protected] with the subject line: Giveaway Contest. Please include your name, email and phone number. The winners will receive a free signed copy of With a Stroke of a Pen. Register now as this contest ends September 15th, 2023. Only available to residents of BC, Alberta and Saskatchewan. Connect with Jane Blaufus: LinkedIn: linkedin.com/in/janeblaufus Twitter: JaneBlaufus 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Alison: https://abclifeliteracy.ca/contact-us/ Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

In Episode 4 of Fireside Financial, Joseph and Regan discuss the increasing trend of parents supporting their millennial children financially. They explore different forms of assistance parents are offering, including down payments on homes, groceries, rent, and mortgages. The hosts stress the importance of a solid financial plan to ensure the support does not compromise the parents' retirement or financial well-being. They also advocate for open communication with children about the financial assistance being given and how it may affect the family's estate in the future. Ultimately, the podcast highlights the commonality of this practice and encourages thoughtful and informed decision-making in providing financial help to millennial children. What You'll Learn in Today's Episode: Parents Supporting Millennials: The podcast discusses the prevalent trend of parents financially supporting their millennial children, particularly in the context of rising housing costs and inflation. Types of Assistance: The hosts mention various forms of support, including contributing to groceries, rent, mortgage payments, and even full down payments on home Financial Planning: It is emphasized that parents should have a solid financial plan before assisting their children. This ensures that their own retirement and financial stability are not compromised. Informed Decision-Making: Parents are encouraged to make informed decisions about the amount of support they offer, considering their financial situation and long-term goals. Open Communication: The importance of open communication with children about the financial assistance being given and its potential impact on the family's estate is highlighted. Ideas Worth Sharing: "It's normal... you're not alone in that situation." "Financial support for your children: plan wisely, secure your own future." "Don't hesitate to help your kids, just make sure you're doing your own planning." "One of the greatest gifts you can give your kids is financial awareness." "Helping out now and seeing your kids benefit is a living legacy." Resources in Today's Episode: Joe Curry Regan Schiller Retirement Planning Simplified What's the new normal for parents financially helping adult kids? Rob Carrick, Globe and Mail How Does Financial Assistance to Adult Children Affect Your Retirement Income? Are you worried about how financially supporting your adult children might impact your retirement income? You're not alone. Our guest today, Joe Curry, has a wealth of experience with this topic, being a parent who's currently navigating the waters of this complex issue. His co-guest, Regan Schiller, has extensively studied the economic challenges faced by millennials and the increasing trend of parents providing some form of financial support to their adult children. Both Joe and Regan have their unique, relatable stories that mirror what many parents are going through. They're here to delve into the nitty-gritty, detail by detail, of how they managed to strike a balance between offering financial help to their children and maintaining their retirement plans. As parents of adult children nearing retirement age, there's a lot on your plate, particularly concerning financial planning and security. One crucial factor to consider is the impact of giving financial assistance on your retirement income. It's important to understand that while the act of giving is heartwarming, it could potentially disrupt the financial stability you've worked tirelessly to achieve. Through this blog, we will shine a light on these implications, offering a comprehensive view of the situation and equipping you with the knowledge to maintain a balance between your charitable instincts and your financial well-being in retirement. Here are the questions answered in this blog post: How does providing financial assistance to adult children affect your retirement income? What are the tax implications of financially supporting adult children? How might financial support for adult children impact other income sources like RIFF withdrawals or OAS clawbacks? What factors should be considered when planning to give financial assistance to adult children while nearing retirement? How can parents navigate the potential family disputes related to unequal financial support for different children? Views of guest speakers may not be shared by IG Wealth Management. 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 rep

The saying, "Anything worth having is worth waiting for," is often true. Consider some of the most important goals you hope to complete in your lifetime. Perhaps your goals include starting a profitable company, getting an advanced degree, becoming a recognized authority in your industry, starting a family, or sailing the seven seas. All of these tasks require time and are infrequently completed by coincidence or short-term approaches. There is a reason why professional athletes practice for the majority of their childhood and why it takes nine months to deliver a baby. There are no shortcuts to generating wealth, either. It's all about playing the long game, which calls for discipline, strategy, consistency, and patience. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Disclaimer: https://www.morningstar.co.uk/uk/news/159098/do-low-volatility-etfs-deliver.aspx 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.

Although there is a significant intergenerational wealth transfer underway in Canada, many families are delaying difficult discussions about what life will be like once a parent passes. When everyone is in good health, having the talk is difficult, but when someone is unwell, it becomes even more difficult. In this example, Jane Doe experienced this firsthand when her father passed away in 2021. Although her parents owned their own businesses and had instilled in her the value of conserving money, no one ever brought up the more serious subjects of wills, powers of attorney, and assets. This became a major issue when her father became ill. Jane's financial advisor facilitated the financial conversations Jane and her parents had been avoiding and brought them together. Jane was really delighted with how her advisor was able to handle the discussion. He was able to provide guidance and explain how other families handled the matter. Today, there is a growing demand for financial consultants. The role of an advisor has changed over the years. Today, they primarily serve as coaches and teachers. Although your parents are critical first trainers in both cases, financial advisors can be compared to driving instructors since a professional can ultimately convey the information more effectively. Finding the ideal advisor for you means understanding their experiences, the kinds of families they work with, and the services they offer. There are a few reasons why some people continue to put off estate planning. One has to do with the name itself; some people may not consider themselves wealthy enough to require a plan because the word "estate" conjures up images of a mansion in the English countryside. "Analysis paralysis" is a situation in which a person is so unsure about what they want to do or is so overwhelmed that they end up not making any decisions at all. In this situation, it can be helpful to start the process and make sure their family is safe. According to Jane Doe's own experience, it is always preferable to act quickly. It might not be the most enjoyable item on everyone's list. However, it is preferable to hold those discussions when everyone is in a healthy emotional state. Where do you start when you're prepared to make a plan? There are three essential steps: 1) As expected, the process begins with an evaluation of your assets and financial situation. 2) This is where the discussions may become more challenging. How would you prepare for the possibility of your own incapacity? When answering questions concerning end-of-life care, you may be asked about who you want to make health choices for you and if you want to have any say in the planning of your funeral. 3) Who are the people, places, and things you are doing this for? What inspires you? This could be providing a grandchild with special needs with a secure future or making a meaningful contribution to a location or cause. Keep in mind that this document isn't set in stone; you may always go back and edit it. Your advisor will be better able to construct an overall plan and give you and your family peace of mind if they are aware of what is most important to you. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Disclaimer: https://www.morningstar.co.uk/uk/news/159098/do-low-volatility-etfs-deliver.aspx 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

If you would like to leave some money or assets to a loved one who is living with disabilities when you die, be sure to consider how receiving that inheritance might impact that person's other financial resources, such as social assistance benefits. Henson trusts can protect access to social assistance benefits Every province and territory has its own specific laws and regulations addressing social assistance and support programs, and most have programs directed solely at persons with disabilities. The benefits provided can include a monthly stipend, specialized or subsidized housing, and/or medical benefits. In order to qualify to receive this assistance, the person must show that he or she is "disabled", and that he or she is in "need", as defined in the applicable legislation. In general, a person will not be considered in "need", and therefore will not be eligible to receive disability social assistance, unless the person meets certain asset and/or income tests. If the person inherits a significant sum of money directly (as opposed to indirectly, as a beneficiary of a trust), the inheritance could disqualify the person from continued assistance. In most provinces and territories, if an inheritance is payable to a trust for the person with disabilities instead of directly to that person, and the terms of the trust are sufficiently "discretionary", the assets within the trust will not be considered to be assets of the person with disabilities, and so will not affect his or her entitlement to government social assistance programs. The trust may also be permitted to distribute up to certain annual amounts to the beneficiary without those distributions counting against his or her income limit. As a result, if one of your intended beneficiaries is receiving social assistance benefits, it is usually best to leave assets to him or her through a fully discretionary trust, sometimes referred to as a Henson trust, instead of leaving assets directly to him or her. This is a type of trust where the trustee (as designated in your will) manages the assets for the benefit of the beneficiary, but the assets are not legally owned by the beneficiary, and the trustee has the complete discretion to determine if, when and how much should be distributed to the beneficiary at any given time. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Disclaimer: https://www.morningstar.co.uk/uk/news/159098/do-low-volatility-etfs-deliver.aspx 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.

In this episode, I have a conversation with Alison Howard, executive director of ABC Life Literacy Canada. ABC Life Literacy Canada is a national charitable organization that champions literacy by empowering adult learners, raising awareness, and supporting the adult learning sector. They develop and support the use of foundational learning materials and help to build the capacity of the sector by convening and connecting the adult literacy community, and advocating for skills programming. They envision a Canada where everyone has the skills and opportunities to fully participate in learning, life, and work. ABC Life Literacy Canada: Develops, publishes, and distributes foundational learning materials. Supports access to those materials by providing them at no cost to educators and learners. Builds awareness of the importance of helping adult learners and families improve their literacy skills. Advocates for literacy skills programming and for the adult foundational learning sector. Builds the capacity of the sector by convening and connecting the adult literacy community. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Alison: https://abclifeliteracy.ca/contact-us/ Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Nine out of ten parents give their adult children financial support. What they spend, why they spend it, and where the money goes are listed below. Nearly 37% of parents with adult children assist with grocery expenses, nearly 25% with rent, 10% with mortgage payments, and nearly half offer sporadic financial assistance. Welcome to raising adult children in a time of high inflation and pricey housing. A recent informal survey of parents with children aged 21 and older, conducted by Rob Carrick of the Globe & Mail, found that 91.5% of respondents gave their children some type of help. The findings offer both a reflection on the financial independence of millennials and members of Generation Z as well as a glimpse into how parents view their responsibility to provide for their adult offspring. Where it's financially possible, many people are offering assistance. 3,095 people responded to the study, which was promoted in the Carrick on Money e-mail newsletter and documents the volume and scope of parental financial support. Only 6.6% of parents who offered financial assistance estimated the sum to be $1,000 or less. Nearly 25% estimated the cost to be between $1,000 and $5,000, 64% estimated it to be between $5,000 and $50,000, and the remaining respondents estimated it to be greater than $50,000 annually. Room and board was the most prevalent kind of financial assistance, with 47% of parents providing it. When asked why an adult kid still stays at home, 39% of respondents cited the astronomical cost of purchasing a home or living in a rental property. 11% of parents reported that their adult child who lives with them is putting money aside for a down payment on a house. In addition, difficulties in getting employment (7%) as well as health-related problems (6%) and school loan debt (4%) were highlighted. According to about 3% of respondents, it's common in their culture for children to live with their parents until they get married or buy a house. The survey's findings show a significant change in the difficulties young adults and their parents have with money. Millennials frequently moved back home after the Great Recession of 2008–2009 since it was difficult for them to obtain full-time employment as opposed to temporary occupations. While the labour market is robust today (evident in the comparatively low number of young adults who remain at home while looking for employment). Housing is the more serious issue. Moving back in with parents is a wise financial decision for a young person who is having trouble paying rent or a mortgage. Living at home can free up money for savings, even if parents are collecting rent. But it's evident that parents, millennials, and members of Generation Z are suffering as a result of rising housing expenses. The number of parents who contribute to rent and mortgage payments, as well as the amount of money parents spend on down payments for their adult children, serve as examples of this. Overall, 41% of parents claimed to have helped with down payments. This may help to explain why 34% of survey respondents reported using their retirement resources to assist their adult children. The findings also indicate that parents have grown weary of waiting for their adult offspring to become financially independent. A little over 12% see this happening this year, while 56% are looking to the following few years. The remainder predict long delays or never. Here are a few instances of situations showing that this is much more complicated than simply helping adult kids with housing costs: Caring for aging parents in addition to adult children - Having multiple children, all in need of assistance Paying for pet expenses such as food and vet bills Paying for medications, treatments, and dental bills Last but not least, a statement that probably describes many parents who provide assistance: "My kids could survive on their own, but we have enough to be able to help them out."

In this episode of Fireside Financial, Joe and Regan delve into the fascinating topic of retirement spending. They explore two sides of the same coin: the challenges faced by individuals who feel unprepared for unexpected expenses during retirement, and those who are reluctant to spend their hard-earned savings due to fear of running out of money. Joseph and Regan share valuable insights and real-life examples to help listeners navigate these financial dilemmas. They discuss the importance of accurately estimating retirement expenses, including factors like travel, home renovations, and unexpected costs. They also emphasize the significance of aligning spending with personal values and offer practical tips for identifying and prioritizing what truly adds value to one's retirement lifestyle. Additionally, they address the paradigm shift that occurs when transitioning from saving to withdrawing funds, providing strategies to overcome the fear of spending and make informed decisions that balance growth and longevity. Tune in to this episode for expert advice on retirement spending and maximizing your financial well-being during your golden years. What You'll Learn in Today's Episode: People who feel well prepared for retirement can still fall into spending traps they didn't plan for, underestimating expenses like vacations, vehicle purchases, or renovations. It is essential to identify and align spending habits with personal values to make informed financial decisions in retirement. Retirement planning should consider unexpected expenses like home repairs or unforeseen financial challenges, especially for those without defined benefit pensions. The transition from saving to withdrawing money in retirement can be a challenging paradigm shift that requires a shift in mindset. Some retirees may hesitate to spend their money out of fear of running out, while others may need encouragement to spend more and make optimal investment decisions. Ideas Worth Sharing: "One of the things I would look for is a big shift between the income someone has been living with while they're working and what they're showing their expenses are going to be when they get to retirement." "If you can identify what are those core values that you have, and then you kind of go back through your spending, you can see if there's a disconnect there." "Most people can have what they want, they just can't have everything." "I think one of the things that can help some people with that is to have a bit of a fallback... at least they know that if I do spend through my portfolio, I have a backup that's going to at least be able to pay my bills and kind of maintain that basic lifestyle." "There are always unexpected expenses. If you don't have that, it could create more stresses, I guess, if you will, or force you to go back to work is another, I guess, downfall to that." "The transition from saving to withdrawing money in retirement can be a challenging paradigm shift that requires a shift in mindset." Resources in Today's Episode: Joseph Curry Regan Schiller How to Overcome the Fear of Spending in Retirement: A Comprehensive Guide Are you among those who are hesitant about spending money during your golden years? Joe Curry and Regan Schiller are here to ease your worries. Having worked with numerous individuals who have crossed the bridge into retirement, they understand the mindset, challenges, and solutions to this common concern. Drawing from their rich experience and the story of a couple who transformed their retirement spending habits, they'll share insights that will help you approach your financial decisions with newfound confidence. A common dilemma for many retirees is the transition from saving to spending. It can feel unnatural and even risky to start using the money you've worked so hard to accumulate. This is why we must address the important issue of retirement spending challenges and traps. By understanding these, you can steer clear of common financial pitfalls and embrace the joy of spending during your golden years without unnecessary stress or regret. Here are the questions answered in this blog post: What are some common spending traps that retirees often encounter? How can a pre-retirement income and planned retirement expenses comparison help prepare for a financially stable retirement? How does understanding personal values contribute to effective retirement spending? Why is communication with financial advisors crucial in making informed decisions about retirement spending? How can retirees find fulfillment and joy in spending their hard-earned money during retirement? 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 Inv

In recent years, investors have been adding low-volatility investments to their portfolios. These are typically stocks and funds that are designed to fluctuate less than the overall stock market. These investments often consist of stocks from certain sectors that have less volatility than the market as a whole (such as health care, grocery stores and utilities). They move up and down considerably less than other companies, such as technology or mining operations. The idea of low-volatility investing has been around for years, but it gained momentum during the 2008/09 financial crisis. With some investors worried about stock market gains reversing or how geopolitics might impact their portfolios, and others just wanting to be prudent investors, low-volatility funds could continue to see considerable growth. In this episode, I explore the various types of low-volatility funds, and whether they're worth considering. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Disclaimer: https://www.morningstar.co.uk/uk/news/159098/do-low-volatility-etfs-deliver.aspx 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.

As people age, the chances of getting dementia or Alzheimer's increase. One in 20 Canadians over 65 has dementia, and this number increases to one in four Canadians aged 85 and over. Given that the effects of dementia can be extremely gradual, it can be difficult to tell if you or a loved one is experiencing the early signs of dementia or if these are just symptoms of normal age-related memory loss. It can also be difficult to know when to start making decisions for your loved ones or handing over your decision-making to someone else if you're experiencing the early signs of dementia. In this episode, I explore how to tell the difference between symptoms of dementia and those of age-related memory loss, and how to protect the finances of someone who has dementia. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

We've all heard the advice about not keeping all your eggs in one basket. This is the principle that stock diversification is based on: for example, not putting all of your money in one sector, such as financial services. If that sector were to crash, you could lose a lot of your money. Having a well-diversified portfolio means owning a wide variety of assets, so as to reduce your overall portfolio risk. Having stocks in just a handful of companies would leave you open to the potential for substantial losses. Stock diversification involves investing in a variety of economic market sectors, asset classes and locations. In today's episode, I talk about how to diversify your portfolio and the importance of doing so. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. Borrowing to invest involves risk and may not be suitable in all situations. Speak to an IG Wealth Management Consultant to see if this strategy is suitable for you. 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.

If you're feeling frustrated and overwhelmed by the complexity of CPP and OAS timing and the lack of customized strategies to help you achieve smarter retirement planning, then you are not alone! In this episode of Fireside Financial, Joseph Curry and Regan Shiller delve into every facet of retirement planning, to assist listeners in reaching their retirement goals. They discuss how the evolution of software has influenced their views on the optimal timing for receiving CPP and OAS benefits, emphasizing the advantages of postponing both and factoring in life expectancy considerations. Yet, questions arise about potential shifts in the government's fiscal position and their potential impact on your retirement strategies. Tune in to uncover the answers. In today's episode, you'll gain insights into the following: Explore how delaying CPP and OAS benefits can enhance your retirement's financial security. Unearth the critical personal factors that profoundly influence your retirement planning choices. Understand how consulting with experienced advisors can improve your retirement planning and provide greater peace of mind. Discover strategies to confidently navigate the daunting and occasionally uncomfortable aspects of retirement planning. Recognize the significance of tailoring your approach to address individualized retirement planning scenarios. Through partnership with seasoned and well-informed financial advisors such as Joe and Regan, you can have confidence that your retirement plan will be all-encompassing, tailored specifically to your situation, and flexible enough to guarantee a secure and prosperous retirement for both you and your family. Get in touch with your hosts: Joseph Curry Regan Schiller By collaborating with experienced and knowledgeable financial advisors like Joseph Curry and Regan Schiller, you can rest assured that your retirement strategy is comprehensive, personalized, and adaptable to your unique circumstances, ensuring a secure and prosperous retirement for you and your loved ones. 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.

Many Canadians dream of retirement, no work and more freedom. Picking the right place for retirement is an important decision and in an ideal situation, it's a decision that you'll need to consider long before stopping work. When it comes to retirement homes, you may be asking yourself many questions such as "Are retirement flats a good investment?" or "Where to find a great selection of retirement properties to buy?". In this episode, I'll cover a few of these scenarios to help you make the right decision when it comes to buying your retirement home. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.

Enjoying time with family and friends, pursuing your passion, or building a career? The possibilities are endless. But, there are risks that you may not be able to avoid. Risks that can be devastating to your family, your future and your dreams, if you are not prepared. The right choices for your changing life.;We all face risks throughout life. As time goes by and circumstances change, the risks change too. Insurance protection can help you manage many of the risks such as: Defaulting on your mortgage because you are unable to work. Not being able to pay bills or support your family because of illness. Having the money in your estate whittled away by taxes. A major disruption to your family's day-to-day life because of financial hardship. Starting out, insurance is often a basic solution designed for paying off a debt or mortgage, funding an education plan or replacing lost family income. As time goes by and life becomes more complex, insurance coverage needs to consider protecting family savings, funding a tax liability to the estate and maximizing the after-tax legacy to your beneficiaries. As maturity brings a broader perspective into focus, things we never considered before become top of mind like preserving estate values and having the resources to deal with medical and physical needs should our health suffer. Tune into today's episode to learn about your life insurance options. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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. 1 CIA 86-92 Aggregate Table & 1985 Commissioner's Disability Table A (Experience Table) 2 U.S. Housing and Home Finance Agency. 3 National Cancer Institute of Canada: Canadian Cancer Statistics 2004 4 Heart and Stroke Foundation, 2004. 5 To be eligible to receive coverage, you must first meet the criteria as set out by the specific policy. 6 CIA 86-92 Aggregate table & 1985 Commissioner's Disability Table A (experience table) 7 US Housing and Home Finance Agency 8 Investors Group Survey, 2015 Insurance products and services distributed through I.G. Insurance Services Inc. (in Québec, a Financial Services Firm). Insurance license sponsored by The Canada Life Assurance Company (outside of Québec). Trademarks, including IG Wealth Management and IG Private Wealth Management, are owned by IGM Financial Inc. and licensed to subsidiary. Written and published by IG Wealth Management as a general source of information only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an IG Wealth Management Consultant. Music courtesy of LesFM: https://lesfm.net.

There are generally three options to choose from when members of a defined benefit pension plan have the option to commute their pension: Take the pension and commence monthly payments on a date allowed by the plan (usually between age 55 and 65). Transfer the pension's commuted value to another registered pension plan (if the new employer's plan permits a transfer). Transfer the pension's commuted value to a locked-in account, where the commuted value of a defined benefit pension represents the present value of the lifetime pension payments as calculated under the plan's benefit formula. This benefit is usually comprised of an amount that can be transferred to a locked-in account (under provincial or federal pension legislation) on a tax-deferred basis and an excess amount that is subject to immediate taxation. Tune into today's episode to learn about your benefit options when leaving an employer. 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 Prefer to watch videos to get great information? Check out our YouTube Page. Comment below with any questions or topics you'd like us to cover! And don't forget to subscribe for the latest updates. Thanks for tuning in to Your Canadian Retirement Specialist! Connect with Regan: Facebook: https://www.facebook.com/yourcanadianretirementspecialist LinkedIn: https://www.linkedin.com/in/schillerandassociates Website: https://schillerandassociates.com/ 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.