Online Seminar

Financial Myths That Will Ruin Your Retirement Dreams

MAR 28 - Mar 29, 2023

Online

DATE

MAR 28 - MAR 29

2023

TIME

8:30 AM - 12:30 PM

WHO CAN ATTEND

All

PD HOURS

7.5 Hours

ETHICS HOURS

0 Hours

STATUS

Registration open until

Mar 23, 2023

EVENT DESCRIPTION

March flash sale! Receive 40% off our March seminars.


This newly revised course has shifted online into two, half-day, live, instructor-led sessions. We recognize that online learning a vastly different experience from an in-person seminar and our instructors have adapted the interactive sessions to include regularly scheduled breaks and digital breakout rooms for group discussions. Our goal is to make your experience more convenient as we navigate the new reality of virtual learning.

SCHEDULE

  • March 28, 2023, 8:30am - 12:30pm
  • March 29, 2023, 8:30am - 12:30pm
  • There is a lot of confusion when it comes to retirement planning. How much will a family need to retire comfortably? Are RRSPs the best answer? Can the stock market be trusted?

    The standard answers from the “experts” include: start an RRSP early and maximize your contributions, use the stock market and mutual funds for the best returns, put faith in a financial adviser. But what if those answers are wrong?

    The problem is that much of the common advice is from people with a conflict of interest. Many are simply trying to sell financial products that make them money… at the client’s expense. This course is designed to cut through the sales pitches and get to the simple truth.

    TOPICS INCLUDE:

    The five main retirement myths:

    • If I had $1,000,000 I could retire. Why less than a million might be sufficient.
    • RRSPs are the holy grail of retirement. Explore an alternate strategy that is guaranteed, has no-risk, and eliminates fees.
    • Don’t worry about your investments: You’ll be fine in the long run. Why you may not be making the eight to ten per cent a year they often talk about. What your adviser doesn’t want you to know, and how to calculate your own investment personal rate of return.
    • Income taxes are the enemy.. How tax schemes and shelters sabotage your personal finances and why they should be avoided at all costs.
    • Buy permanent life insurance to secure your financial future. Who really needs it, who doesn’t, the perils of whole and universal life, how to get term life cheap. Critical illness and long-term care insurance.
    • Other subjects:

    • Mortgages: All about the different types, how to optimize your mortgage strategy and find the lowest rates.
    • Behavioural Economics: Why we seem to be wired to be bad at finances and what to do about it.
    • Car Strategy: Whether to buy or lease your car and how to incorporate other options including ride hailing (Uber, Lyft), ride sharing (Zipcar, Car2Go).

    WHO WILL BENEFIT:

    Anyone who is interested in what they need to do to retire well.

    PRICING

    March Flash Sale until Mar 23, 2023

    $289.00 Personal Passport

    $289.00 Organization Passport

    $289.00 Member

    $289.00 Student

    $345.00 Public

    Status: Registration open until Mar 23, 2023

    LOCATION

    Online

    SPEAKER(S) BIO

    David Trahair, CPA, CA, is a financial writer, trainer and best-selling author. His other books include Enough Bull, Crushing Debt, Cash Cows, Pigs and Jackpots, and The Procrastinator’s Guide to Retirement. His views are totally independent because he does not sell any financial products. He currently operates his own financial training firm and offers seminars to organizations.

    SPECIAL INSTRUCTIONS

    • This is a hands-on workshop. Though not mandatory, you are encouraged to bring a laptop to work along during the program on spreadsheets including the “Retirement Optimizer” to calculate how much you’ll need to retire, the “Personal Rate of Return Calculator” to see how well your investments have been doing and the “Transportation Strategizer” to help you optimize your car strategy. All spreadsheets are free with the course.
    • This CPA Ontario course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time.

      Electronic material can be accessed one week prior to the course at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

      Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.