A Complete Retirement Plan Build - Step By Step Guide

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Published 2024-03-01
Thank you for 100,000 subscribers!

In this video we go through a full retirement plan build, which breaks down the fundamental pieces that any retirement plan should have. This includes, CPP timing, RRSP meltdown, laddered income strategy, and more.

➡️Our financial planning services: www.parallelwealth.com/planning

If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your retirement plan on track.  You can learn more about our services at www.parallelwealth.com/planning

Financial Resources I personally recommend:
➡️Retirement Income for Life: Getting More without Saving More (Second Edition): amzn.to/3tvIdVN
➡️Parallel Wealth Masterclass: www.parallelwealth.com/education
➡️Future Value Calculator: amzn.to/3EA6Qqv
➡️Neo Mastercard – no annual fee and average 5% back! - join.neo.cc/parallelwealth
➡️Free Credit Report with Borrowell: bit.ly/borrowellPWFG
➡️Maximize your Savings with EQ Bank - bit.ly/EQBankPWFG

The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each product and service we provide links to.

OUTLINE
0:00 - Intro
0:33 - Base Plan
3:34 - CPP Timing
6:55 - RRSP Meltdown
12:24 - Laddered Income Strategy
16:08 - Planning For Fears

This presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Every effort has been made to ensure the accuracy of its contents. Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Returns are not guaranteed and past performance may not be repeated.
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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

All Comments (21)
  • I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
  • @neilrankin9945
    Bravo Adam!!! I’m 64 years old. I have been using financial planners for at least thirty years. I can say unequivocally that I learned more from your UTube videos than all the financial planners I have used combined. Thank you very much.
  • @1983dmd
    These courses/videos should be mandatory for everybody entering the work force ! And yes,yes,yes, major banks don't even come close in terms of financial planning...They are a joke....They mainly want you to put your savings in their home products...That's it. Who here remembers Liberty 55 !!!!??????????? LOL!!!
  • @Dom.Perignon123
    Congrats on hitting the 100K plateau Adam! and thanks for providing reliable, in depth and trustworthy knowledge and peace of mind to fellow Canadians on an important chapter in our lives! I've always been a number cruncher and your channel greatly puts my mind at ease!🤑✌
  • @robertdewalt8711
    My plan is to convert RRSP to RRIF and keep DPSP in RRSP when I retire. Then delay CPP and OAS to age 70. Then convert remaining RRSP to RRIF and use TFSA to supplement income past age 70.
  • @tterrian1
    Congrats on the 100k! Well deserved. You're sharing quality content here, and I for one really appreciate it.
  • @DoneByD
    I like the process very much, along with your willingness to provide variations and use your experience and expertise to provide the most net income throughout retirement's 3 phases. So much better and more meaningful than hit run and done plan.
  • @waffles1ca
    Great information, thanks for the video.
  • @jaxwylde2139
    Congrats on 100K subscribers Adam! I've been watching you guys since mid 2020, when you only had a few thousand subscribers. I considered myself to be fairly well versed in this area but subscribed after watching several of your videos. I was looking for some additional information as I approached my retirement. The amount of information and best practices I learned, from your channel, has been eye-opening. I can humbly admit I wasn't as 'informed/knowledgeable' as I thought I was. Keep up the outstanding content!
  • 100k subscribers because the videos have great content and you provide them frequently and consistently. Well done. Please keep up the great work. Helped me feel much more confident in early retirement.
  • @James_48
    Adam! Amazing achievement to hit 100k subscribers! I’ve been watching since summer 2021 and I look forward to every new video. I’ve thoroughly enjoyed being a part of the Parallel Wealth community in the comments.
  • @Supe063
    Nice!! ... This ONE video sums it all up! There isn't another channel out there (Canada or anywhere) that teaches and trumpets making a plan, detailing a plan and implementing a plan like yours Adam. And big congrats on the 100k mark! Cheers
  • @BusterDarcy
    Phenomenal video and an incredible milestone for your channel. With 100k subs I can only imagine how many more people you’ve helped over the years with your incredibly helpful advice. Here’s to the next 100k!
  • @johnfrankes8992
    Congrats on the 100K subscribers Adam. Looking forward to seeing the YouTube plaque soon. Good for you. Well deserved.
  • Congratulations and thank you for your knowledge and services and we will be using your service again in the future 👏👍