The document is a guide on retirement planning, highlighting the importance of identifying personal values and future goals. It discusses financial tools like RRSPs and TFSAs, addresses risks associated with investments and insurances, and provides strategies for managing debt and inheriting wealth. Additionally, it emphasizes the benefits of working with certified financial advisors to achieve financial confidence and success.

1. RETIREMENT
PLANNING WHILE
LIFE KEEPS
CHANGING
Brian Weatherdon
Certified Financial Planner, Retirement Coach
Brian@SovereignWealth.ca 905-637-3500 x 223
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2. 1. “Values” in our Journey of Life and $$
• Where are you today?
• Looking forward:
• What is most important to you . . . ?
• Why? What would it mean for you to get . . . ?
• Who else is part of this picture for you - now & future?
• Video fast-forward: where are you in 2, 10, 25 years?
• Any gaps? … what needs to happen?
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3. Finding the next steps
in life’s journey
to achieve your
hopes, dreams
and desires.
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4. 2. How safe is your pyramid?
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5. 3. TFSA – flexible and tax-free
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6. 4. RRSP – personal &/or group
• Growing like picture in #3
• Tax-refund (taxed in later years)
• Strategies for 4%, 6%, 8% ... (risks of less/more)
• Your Goals: home? learning? retirement? All 3?
• Where you may already have savings …
• Adding further strength for the years ahead …
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7. 5. What is the real truth about “Risk”?
• Risk of losing your money
• Risk of not growing your money
• Risk of being unable to buy a future
• No money for life-changing emergencies
• What events can arise that you will need money?
• Is money trapped, inaccessible, when you need it?
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8. 6. Investing – a pool of emotional risks
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9. . . . inevitable growth despite pitfalls & pauses
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10. 7. Know your insurances . . .
• Critical Illness Insurance pays when you are diagnosed with an illness
(doesn’t matter if/where you’re working or earning an income.
• Disability insurance pays when accident or illness
steals your income (how much? and when?)
• Life insurance: no pulse  it pays.
• Next page compare and save money (instead of “mortgage insurance”)
* Also see at youtube: REVERSE LOTTERY -- “pays when life sucks”
https://www.youtube.com/watch?v=LY5CWYzR7M0
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11. Mortgage insurance Life insurance
• Usually pays rest of mortgage
• Medical questions after death
• Good until mortgage renews
• Price jumps, 5 years or sooner
• Terminates without notice
• No value for retirement
• Often costs 2x – 4x more
• Always pays full value of contract
• Medical confirmed when signing
• Secure to age 75 or for life
• Option: 10, 20, or permanent
• Continues as long as you pay
• Optional values for retirement
• May cost ½ – saving $ for other needs
Story of Jenn and John, Pam and Peter
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12. 8. Overcoming Debts
Pat has a debt monster
• $3000 cards at 29%
• 24% income tax  cost before tax is 38%
• $5000 cards at 19%
• 24% income tax  cost before tax is 25%
• $8000 cards at 11%
• 24% income tax  cost before tax is 15%
• $14,000 credit line 4%
• 24% income tax  cost before tax is 5.25%
• Monthly $272. Earning $358 pre-tax
but the monster is still breathing!
DESTROY THE MONSTER:
• Pay 29% first, then 19%, etc.
• Eliminate high % debts first; keep going.
• Faster to combine all at 4%
• Monthly $100 (pre-tax $132)
and paying $272 reduces
debt > $2000 per year.
12* Savings in life insurance, slide 11, can now also fast-track your debt-freedom.

13. 9. Inheritances?
• $750 Billion to $1 Trillion may reach the next generation.
• Family bequests may often range $100K to $300,000.
• But seniors are living longer – health costs accelerating.
• You may inherit a “bill” … parents depending on children.
• Inheriting wealth is really about “family values”.
• See SlideShare.net: “Inheriting Wealth & How Not to Lose It”
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14. 10. Avoiding the GAP . . .
• Running out of money is a massive threat in senior years.
• What would you trade while working, so you will never run out of $$ ?
• Think of life as a video … a movie: what will you put in your future?
• Goals: travel, friends, leisure, learning, purpose
• Fears: lonely, bored, no interests
• What choices can you make?
• When is best to make choices?
• Who else matters in this?
• How is your money?
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15. 11. A safer road to lasting wealth *
• Investing leads us to “Life Income Mandates”, suggesting that
70% to 100% of life-based investment income focus on:
• Global & Canadian Dividends
• Global/Cdn Real Estate income (four types)
• Global/Cdn Infrastructure income (types)
• Global/Cdn Govt & Corporate bonds (cautiously)
* Assumes effective life/health insurances
* GuaranteedIncome4Life.ca/blog/Sticky-Money/
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16. 12. Choosing an advisor . . .
• Certified, trusted, reputable team, unbiased guidance.
• Gives a Certified Financial Plan – “fee or free”(included)
• Personal goals, overcoming “gaps”, securing your desired destination.
• Managing the journey: reducing risks on your pathway to success.
• Dangers you want to avoid; overcoming
obstacles; capturing your strengths/interests.
• Making money work for you,
fitting it to your desired lifestyle.
• “Video” your lifestyle and future horizons.
• Ongoing confidence to age 55, 75, 95+
• Your words: “comfort, peace, happiness …”
* Over time, working with a certified advisor is shown to boost results 150% to 300%.
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17. FREE DOWNLOAD FOR NEXT TWO DAYS:
http://GuaranteedIncome4Life.ca/PLLOFD/
Q&A. Getting value you want.
Saving on insurances, investments.
Debt freedom. Financial Planning,
Wills/POAs. Inter-generational wealth.
Download and save now; review often to
increase your financial confidence and success.
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18. Let me know please: is this helpful for you?
Brian Weatherdon, MA, CFP, CLU, CPCA, CRC.
Certified Financial Planner, Certified Retirement Coach.
For a no-obligation consultation on your personal questions
or needs reach me freely at: Brian@SovereignWealth.ca
905-637-3500 x 223. 1 877 937-3500 x 223
Sovereign Wealth Management
627 Guelph Line, Burlington Ontario.
We are an advisory firm specializing to protect life, loved ones, and financial
resources. This presentation is not a recommendation or offer or specific
products or services, whether paid or unpaid, but offers general ideas and
concepts to discuss and confirm with your financial and tax professionals.
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