How to Avoid the Financial Traps Set by the Sellers.
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 your expense. This course is designed to cut through the sales pitches and get to the simple truths.
You’ll learn the five main myths of retirement planning:
The course comes with seven free spreadsheets including the “Retirement Optimizer” to help you figure out how much you’ll need to save to retire well, the “Personal Rate of Return Calculator” to calculate your money-weighted personal rate of return on any portfolio, the “Mutual Fund Fee Calculator” so you can see how fees eat into your returns and the “Car Lease vs Buy Analyzer” so you can make your car decision with confidence.
This course is a completely updated and enhanced version of David Trahair’s prior course: Smoke and Mirrors: Busting Financial Myths.
Writer, Trainer, On-demand Course Developer and Acclaimed Author
David Trahair, CPA, CA, is an author, trainer, and eLearning developer who creates on-demand video courses for CPAs across Canada. His courses cover topics including personal finance, ethics, AI, and Microsoft Excel. David is also the author of six personal finance books, three of which are national bestsellers. Through his firm, he helps CPAs build practical skills through engaging, self-paced learning.
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