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Courses/Finance/Retirement Planning

How to Retire in 10 Years or Less 2025

This course provides a step-by-step plan to build significant retirement savings in 10 years or less.

Created byDavid Trahairworkspace_premium
5.0
(828 reviews)
BeginnerUpdated Sep 22, 2025
How to Retire in 10 Years or Less 2025

What You'll Learn

check_circleImplement the most important step for personal finances: tracking your spending
check_circleOptimize your retirement accumulation and drawdown strategy using a FREE spreadsheet
check_circleDecide what is the best option: RRSPs, TFSAs, pay down debt or use a regular investment account
check_circleNavigate retirement tax planning opportunities effectively.
check_circleStrategize for healthcare, death, and probate costs.
check_circleMake informed decisions about credit and investments.

About This Course

This "How to Retire in 10 Years or Less 2025" course, based on the #1 Globe and Mail bestselling book "The Procrastinator's Guide to Retirement," offers a comprehensive, step-by-step process for individuals who may be starting late but are determined to secure a comfortable retirement. Even in today's expensive world with high inflation, this course provides hope and a clear plan to build significant retirement savings.

You'll learn to play your cards right by meticulously tracking your spending and identifying discretionary cash outflows. The course emphasizes basing retirement calculations on projected spending rather than arbitrary income percentages, offering a personalized approach to financial planning. You'll gain practical skills in using tools like Excel, including features like Copilot, to analyze your financial situation and optimize savings.

Key topics covered in this course include:

  • Tracking your spending and analyzing cash outflows.
  • Optimizing the use of excess funds: RRSP, TFSA, mortgage paydown, or regular investment accounts.
  • Utilizing the "Procrastinator's Number Cruncher" spreadsheet for strategic financial planning.
  • Understanding retirement tax planning opportunities, including pension income splitting and spousal RRSPs.
  • Assessing your length of retirement and navigating sequence of return risk with conservative investment strategies.
  • Exploring options like RRIFs versus annuities and their implications for lifelong income.
  • Addressing old age healthcare risks and strategies for travel insurance.
  • Minimizing death taxes and probate fees through effective estate planning.
  • Making informed decisions about credit cards and managing debt effectively.

By the end of this course, you will have a clear understanding of your financial landscape and a tailored strategy to achieve your retirement goals in ten years or less, ensuring peace of mind for your future.

Your Instructor

David Trahair
David Trahair

Writer, Trainer, On-demand Course Developer and Acclaimed Author

menu_book35 courses
star12,352 reviews

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.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

5.0
Student's Choice
828 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.