Enough Bull: How to Retire Well Without the Stock Market, Mutual Funds or Even an Investment Advisor

Duration: Full day
Level: Introductory
Subject Area: Wealth Management
Instructor: David Trahair
 
DESCRIPTION:
The stock market crash of 2008 has proven one thing: traditional retirement planning advice is way too risky. Trusting the stock market is like gambling with your family’s future. But how does one plan for retirement without the possibility of losing up to 50 per cent of their investment value within a matter of months?
 
The simple truth is that it is possible to retire financially well using guaranteed, safe fixed-income products like GICs that can never decline in value combined with government defined benefit pension plans including CPP and OAS. This course will detail the non-traditional view to money management that many investment advisors don’t want to talk about.
 
TOPICS
Stock market versus GIC returns. We’ll look at historical returns of the Canadian S&P TSX Composite Total Return Index over the last 50 years, as well as those of the US S&P 500 TR Index for the last 30 years versus plain ol' safe GICs. Find out who wins and by how much.
The laddered GIC Strategy. Explore how to use a strategy of rolling over shorter term GICs to five-year GICs to maximize your retirement savings with zero risk since it’s all covered by CDIC insurance.
Retirement planning. Receive and work with a free easy-to-use Excel spreadsheet called “The Money Maximizer” to see if you are saving enough for retirement and how to maximize your retirement income. Get a free spreadsheet to help you decide when to elect to start receiving your CPP (from age 60 to 70). Learn how to protect yourself against fraud.
Can anything beat an RRSP? Compare equity investing inside RRSPs vs outside in a regular investment account, TFSAs, rental properties, paying off debt, and retained earnings in a corporation.
NEW: Guide to investing. Learn about the main investing options: mutual funds, a full-service broker, a discount broker (with or without a fee-only financial planner) and robo-advisors. You’ll get a FREE spreadsheet that will calculate how much you’ll pay in fees under each of the options depending on how much and how long you invest. You’ll also see a demonstration of a robo-advisor and a discount broker account and we’ll look at borrowing to invest.
The “Tax Turbo-Charged RRSP” strategy. Work through a spreadsheet to compare the traditional advice to invest in RRSPs early, to waiting until later in life, when all debt is gone. It may be possible to beat the old way by starting late and using 100% safe GICs using all that unused RRSP room that has built up over the years.
 
WHO WILL BENEFIT
Those interested in helping their friends, family and clients to retire well without having to take excessive risks.
 
Special Instructions/Notes:
This is a hands-on workshop. Though not mandatory, you are encouraged to bring a laptop to work along during the course on the spreadsheets including the “RRSP vs OS vs TFSA Calculator,” “RRSP vs Retaining Profits in Corporation,” the “Tax Turbo Charged RRSP Calculator,” the “Investment Option Cost Analyzer,” the “Borrow to Invest IRR Calculator,” the “CPP Elect Age Calculator” and the “Money Maximizer” to plan for retirement. All spreadsheets are FREE with the course.

Each attendee will get a FREE copy of the newly updated second edition of David Trahair’s book "Enough Bull".


Return to Courses