How to Afford the Life You Want

11/05/2023 48 min Temporada 1 Episodio 20
How to Afford the Life You Want

Listen "How to Afford the Life You Want"

Episode Synopsis

If you're worried about your finances & your future – you are not alone.  Many people are worried about their finances. I receive daily notices from people pouring their hearts out about their finances, what they worry about and not knowing what to do on the "Free 30-Minute Consultation" form on my website.  They want financial advice on the Smith Manoeuvre, cash flow & debts, investing, and if they are on track to retire comfortably. In my Financial Post articles I look at people's finances to see their situations and if they are set up to retire. And in my practice, I work with my clients with an "Interactive Financial Plan," so they have the confidence to afford the life they want. I want you to have that too! In my latest podcast episode you'll learn: Why you need to be clear on your "why" Why you must be realistic on your investments and goals The importance of planning for your future How the Financial Independence Retire Early (FIRE) community saves money Why you don't need a budget Four options to help you if you can't get you to your retirement goal How to think about Investment returns, equities, stock market and fixed income How to think about diversification and "de-worsification" The details of pensions, CPP & Old Age Security in Canada Why getting professional help with your retirement plan is key How to find out how much money you need to retire comfortably Why you should learn to have a higher risk tolerance The magic of compounding over a long period of time

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