In this course, you will learn how to plan for retirement based on market history since 1900. Retirement issues such as the luck factor and lifelong income security are covered.
This course will be particularly valuable to financial practitioners who have advice on retirement planning.
Topics covered are:
• market history and retirement, • common myths and pitfalls in retirement planning • the impact of luck on retirement math • contributors of luck factor: sequence of returns, inflation, reverse-dollar-cost-averaging • the impact of asset allocation strategies, withdrawal strategies • math of loss, time to recover • optimum asset allocation • purpose-driven sustainable withdrawal rates and stress test • the zone strategy • how much income is enough, how do you determine if savings are insufficient, sufficient, or abundant • income from other sources, such as CPP, OAS, SPP, annuities • epilogue: five-year checkup
The course covers everything you need to know about the math of retirement income. After completing this course, you will have a better understanding of retirement concerns and the proper tools necessary to plan for retirement.
Mathematician of Retirement
Jim was a financial planner and a professional engineer until his retirement in 2018. His past articles on retirement planning won the CFP Board Article Awards in 2001 and 2002. He is the author of over one hundred articles and several books. He has been giving courses, workshops and presentations on the topic of retirement income planning since 2003 since 1997. In his retirement, he continues writing articles and giving workshops on advanced retirement income planning. He is also learning creative writing in his spare time.
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.
