The Canadian Money Roadmap

Discover four essential habits to grow a $500,000 investment portfolio, from consistency to automation. Learn how a solid plan can set you up for success and why tracking the right metrics matters. Real-life client stories offer quick wins you can apply right away. Plus, find out the importance of knowing when to outsource and diversify your investments. This engaging discussion provides a clear roadmap to financial growth and retirement readiness.

If you have some extra cash every month, should you invest more or pay down your mortgage? The answer that is best for you is going to consider more than just the interest rate of your mortgage and the most recent returns on your investments.Want a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

In this episode of the Canadian Money Roadmap Podcast, we'll analyze the volatile start to the 2025 stock market and explore how different types of investors—aggressive, conservative, and balanced—are faring.  Note: This content is for informational purposes only and not specific investment advice.Want a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

Exciting changes are on the horizon for the host, including the launch of a new financial firm. There's an invitation for listeners to join a live event in Saskatoon, featuring discussions around a new book. The host expresses gratitude for support and emphasizes the importance of engaging in financial planning for a secure future. Overall, it's a time for new beginnings and opportunities in personal finance.

Want a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

Retirement is a time to enjoy the fruits of your labor, whether it's traveling, spending time with family, or fulfilling your bucket list. In this episode of the Canadian Money Roadmap Podcast, we present 15 critical questions to gauge if you're truly ready for retirement. From understanding your vision for retirement and calculating expenses to planning for healthcare costs and managing risk, these questions will help you plan a confident and fulfilling retirement.Want a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

In this episode of the Canadian Money Roadmap Podcast, Evan Neufeld discusses seven strategies to manage investment risk in your portfolio as you prepare for retirement. Topics include diversification, rules-based implementation, adding bonds, holding cash, annuities, deferring CPP, and using put options. These methods aim to help you retire with confidence while reducing the volatility and uncertainty of your investments. Remember to consult with a financial professional before making any changes to your portfolio.00:00 Introduction: Politics and Your Portfolio00:23 Seven Ways to Manage Investment Risk00:53 Diversification: Don't Put All Your Eggs in One Basket02:13 Rules-Based Portfolio Implementation05:26 The Role of Bonds in Your Portfolio06:09 Cash Wedge Strategy08:11 Exploring Annuities09:55 Deferring Your CPP for Better Returns11:06 Using Options for Portfolio Insurance12:17 Conclusion and Final ThoughtsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

Become a client in 2025In this episode of the Canadian Money Roadmap Podcast, we explore financial and retirement planning tailored for single individuals in Canada. With nearly 30% of Canadian households being single-person households, it's vital to highlight the unique benefits and strategies available for singles. From decision-making ease to agility in financial planning, we discuss the advantages and key priorities for singles aiming to retire with confidence. Additionally, we cover high savings rates, pensions, insurance needs, and the importance of professional financial planning. Tune in to get practical tips and insights specifically for single Canadians.00:00 Introduction: Financial Planning for Singles in Canada00:39 Understanding Singleness: Different Scenarios01:39 Advantages of Being Single in Financial Planning06:30 Successful Financial Strategies for Singles10:25 Priorities for Single Individuals20:09 Conclusion and Final ThoughtsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

Discover how spousal RRSPs can supercharge your retirement savings! Learn strategies for high-income earners to contribute under their partner's name for ultimate tax benefits. The discussion highlights real-life scenarios demonstrating how to navigate spousal attribution rules and the importance of minimum withdrawals. Plus, find out how to leverage these funds for TFSA contributions, keeping your money tax-free. Get ready to optimize your financial future!

Explore the upcoming changes in retirement income for Canadians in 2025. Discover how RRSP to RIF conversions will affect minimum withdrawals and tax implications. Delve into the nuances of LIFs and the impact of inflation on CPP and OAS benefits. Gain practical insights for navigating these financial shifts and ensure your retirement is well-planned and secure. This discussion is a must-listen for anyone preparing for their golden years!