A vast majority of individuals approaching retirement age feel uneasy about whether they will be able to live comfortably during their retirement years. Many have resounding questions about the retirement planning process, government and employer-sponsored sources of retirement income and the financial considerations that must be made prior to retirement. Replete with helpful strategies, practical tips and examples and hands-on tools, this course will help individuals preparing for retirement track their current spending, maximize their savings, reduce debt and improve their overall investment strategy, as well as optimize their retirement asset draw-down approach.

Through case studies and step-by-step guidance, participants will gain a deeper understanding of the crucial issues that must be considered in the years before and during retirement and begin developing a retirement plan that works for them. This course will likewise help equip financial advisors with the knowledge and tools they need to optimize key retirement planning strategies and concepts with their clients. All participants will receive free access to a number of comprehensive spreadsheets to help them maximize their pre-retirement investment assets and minimize post-retirement income taxes.


By the end of this module, you will be able to:

  • Track your current spending, assess spending patterns, and calculate the amount of money you will need to fund your retirement
  • Distinguish between Tax-Free Savings Accounts (TSFAs), Registered Retirement Savings Plans (RRSPs) and determine which is the better investment option for saving for retirement
  • Determine which is the better financial option for you - investing in RRSPs or paying down your mortgage or other debt
  • Outline strategies for maximizing your pre-retirement savings strategy
  • Describe the “start saving later” approach and the tax turbo-charged RRSP strategy to heighten your savings
  • Explain how to optimize all of the income tax credits and income splitting options to help reduce income taxes during your retirement
  • Assess your retirement income needs
  • Outline your retirement draw-down strategy


Individuals approaching retirement or seeking a deeper understanding of how to plan for retirement.