There isn’t a wealth of information on retiring single. However, it’s not uncommon to enter retirement on your own for a variety of reasons. The reality is that single people don’t have as many planning options as couples, but there are some options.

Unretirement is the phenomenon of people returning to work after retiring from their careers or jobs. It’s a trend that’s becoming increasingly common. This might mean returning to a former position or starting a new career or business. It might also mean working part-time or taking on consulting or freelance work. People are living longer, healthier lives. This means that some retirees continue to look for the emotional, social, and financial fulfillment that work brings – but on their own terms.

Retirement planning for business owners means creating and telling a good story for the sale of their company. Transitioning into the sale of a company and into retirement also means having a great long-term plan. In this episode, Bob Gauvreau, founder, and CEO of Gauvreau Accounting Tax Law Advisory, joins us to lend us his wealth of knowledge on retirement planning for business owners.

How can we pursue a better investment experience? Knowing how to invest is one thing but understanding how to get the most from your experience is another. As a result, there are many components that go into being a successful investor including knowledge of the market, practicing smart diversification, and focusing on what you can control.

New research published on safe withdrawal rates from Morningstar indicate a 3.8% safe withdrawal rate. Building on our earlier podcast: Do I Need $1 Million to Retire? We thought it was worthwhile taking a close look at this research and asking the more relevant question: Does my $1 million retirement portfolio really only support $38,000 of annual income per that Morningstar article and the 3.8% safe withdrawal rate?

16 years into 25-year career in the insurance industry, Jane’s 39-year-old husband was killed in a plane crash. She decided to share her story to help families avoid what she went through and to effect change. She encourages everyone to have courageous conversations. Courageous conversations may take you out of your comfort zone but help they help us to understand and come to decisions about what is most important to us. Jane reminds us that it doesn’t have to be a scary conversation – it just has to be a conversation.

Whether you’re new to the podcast or a returning listener, Joe and Lindsay discuss the most popular topics, questions, and guests on the show in 2022. This is a great episode if you’re looking for a place to jump in – or just want a general refresher on all things retirement planning!

60% of Canadians don’t have a will, leaving many families in a precarious situation. Putting a plan in place for your estate means giving thought to the people you are leaving behind because a legacy isn’t what you leave people, but how you leave them. In this episode, David Edey, Certified Executor Advisor (CEA) and author of “Executor Help: How to Settle an Estate – Pick an Executor and Avoid Family Fights” and podcast host of “Executor Help”, joins the show to share his own experience with being an executor and the common missteps that many make in estate planning and how to avoid them

Charitable giving supports many communities directly. Giving locally means a donation can be made to a specific interest that’s important to a donor or that has touched their lives. In this episode, Lesley Heighway, President & CEO of Peterborough Regional Health Centre Foundation, joins us to share all the ways that donating to a community foundation can have a huge and direct impact on the health and well-being of a community.

Mark Halpern, CFP, is a Trust and Estate Practitioner who has helped business owners, entrepreneurs, and professionals in affluent families for over 30 years. As CEO of Wealth Insurance, he and his team specialize in tax-advantaged insurance solutions to protect families, create charitable legacies, and preserve estates. He is also building a national community of 100 financial professionals and charities with the goal of creating $1 billion in philanthropy annually. In this episode, Mark joins the show to inspire you to start thinking about your charitable planned giving.

Donor-Advised Funds help philanthropists and their families fund their preferred charities however and whenever they want with the help of their advisors. Canada Gives offers the same choices and privileges as a private foundation but with lower costs. In this episode, Denise Castonguay, CEO and Founder of Canada Gives, will be joining the show to share the benefits of dealing with Donor-Advised Funds so that you have a clear idea of where your money is going.

Planned giving allows individuals to gift large sums to charitable organizations, in life or at the time of passing, as part of the donor’s financial and/or estate planning. Gift plans use estate and tax planning to provide for charity and heirs in ways that maximize the gift and/or minimize its impact on the donor’s estate. So, what do you need to know about charitable planned giving as you plan for and enter retirement? We will share everything you need to know on this topic in this episode.

Anxiety around retirement is completely normal. You may feel concerned about how you will fill your time, financial worries or even feeling a loss of your identity. Retirement readiness is less about money and more about mindset. So, how can we shift our mindsets to feel more prepared for retirement? Tammy Vigue, Retirement Coach, will join the show to share how to achieve a mindset beyond money as you approach what should be the most exciting time of your life.

Rather than trying to predict the future, wouldn’t it be great if there was a way to draw information about expected returns from the market itself? Luckily there is. Through scientific and evidence-based investing, you can take a less subjective and more systematic approach to investing. In this episode, Christian Newton, Vice President of Dimensional Fund Advisors, joins the show to discuss the scientific perspective on investing, particularly how it relates to the investor.

Trusts, when understood properly, can help people successfully plan their finances, provide security for their families, and even invest more confidently. Trusts allow for one person (or a company) known as the trustee to hold money for the benefit of another person (or a group of persons) known as the beneficiary. There are a number of different trusts and it is important to understand which type of trust will best suit your goals. So, in this episode, Joe and Lindsay will be sharing the main types of trusts in estate planning and who they are for.

You’ve decreased your spending and cut all of the costs you possibly can, but somehow you still find you’re not saving enough for retirement. Where can you go from there? In this episode, Joe and Lindsay share several options you have if you are concerned about the amount of money you will have for retirement and want to ensure you’re not having to rely on your family to support you.

Many Canadians are concerned about inflation’s impact on retirement savings, and rightly so. Without the correct plan in place, it can be easy to miscalculate how much you will need to have a good retirement. With a new report from Aon stating that the average 45-year-old Canadian will need to accumulate $1.4 million in retirement savings to retire comfortably, people are even more concerned and confused. Is this an accurate number for Canadians to aim for? In this episode, Joe and Lindsay take a look at this report and break down everything you need to know about retirement savings.

Oftentimes, people mistakenly think that once they hit retirement, they no longer need to invest. They believe that retirement is the time to live off of their savings and simply avoid financial risks. Although you no longer are earning a working income once you hit retirement, this doesn’t mean you should stop investing. So, in this episode, Joe and Lindsay will be discussing how to continue investing in retirement to ensure you don’t run out of money long-term.

At Matthews & Associates, we get a lot of questions about Canadian Pension Plan and Old Age Security timing. Our clients want to know what these are, what the difference between the two is, and how to go about calculating them. So, in this episode, we have Lindsay Wilson, Client Care Coordinator, joining the show to help me shed light on these very important but sometimes misunderstood government benefits.

Without the right planning in place, new retirees often find the financial aspect of the retirement transition to be somewhat daunting. Although we can plan for retirement for years, estimating actual cash flow needs can be pretty tricky. So, in this episode, I will be explaining how to figure out how much you will likely need to keep up the same lifestyle in retirement that you have while you are still working.