The Canadian Money Roadmap

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.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your question here and you could be featured on an upcoming episode of the podcast ✨ 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.

🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your question here and you could be featured on an upcoming episode of the podcast ✨ 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.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your question here and you could be featured on an upcoming episode of the podcast ✨ 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 Thoughts🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your question here and you could be featured on an upcoming episode of the podcast ✨ 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 Thoughts🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your question here and you could be featured on an upcoming episode of the podcast ✨ 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!

Get ready for some significant changes in Canadian income tax for 2025! The government is rolling out a 2.7% increase to tax brackets to keep pace with inflation. While many benefits like tax credits will see adjustments, some areas, including CPP death benefits and RRIF withholding tax, remain stagnant. Discover how these shifts could impact your financial landscape and the importance of proactive planning for future investments and retirement.

Explore practical strategies to save money effectively for 2025. Learn how reassessing regular expenses can lead to significant savings. Discover tips for finding cheaper alternatives without sacrificing quality. Uncover ways to cut non-essential recurring costs, and save on travel expenses. Techniques for maximizing your savings are shared to help you achieve your financial goals. Start your New Year's resolution with powerful insights that enable you to spend less and save more.