Shows
"Unretired" & Inspired - A Retirement Planning Podcast106: Goodbye 'Awe-Inspired'! Join the '8000 Days' JourneyJoin Caleb and Riley for episode one of the newly named 8000 days podcast. Resources: https://www.hartfordfunds.com/insights/investor-insight/navigating-longevity/8000-days-of-retirement.html Email Caleb: cmiller@investordna.ca Text Riley: 403-393-8237 Hosted by Caleb Miller and Riley Anderson of InvestorDNA Meet Caleb and Riley Book a Call Subscribe on Apple Podcasts Subscribe on Spotify Subscribe on Google Podcasts
2024-03-2513 min
"Unretired" & Inspired - A Retirement Planning Podcast100: Leigh Vanderloo, PhD: The science behind active aging and the 150-minute ruleCaleb and Riley are joined by Dr. Leigh Vanderloo, Scientific Director at ParticipACTION. Dr. Vanderloo received her PhD in Health Promotion from the University of Western Ontario in 2016. Her area of research focuses on the objective measurement of physical activity and sedentary time, and how these behavior's impact physical, mental, and social well-being. Learn more about: The science behind why physical activity becomes even more crucial as you age, beyond just weight management. The national guidelines for physical activity and the surprising amount of Canadians meeting the standard. Discover the types and amounts of...
2024-02-1256 min
"Unretired" & Inspired - A Retirement Planning Podcast99: John Kralik: 365 Days of Thanks – Lessons in Gratitude and RetirementCaleb and Riley are joined by John Kralik, author of "365 Thank Yous, the Year a Simple Act of Daily Gratitude Changed My Life". The book that tells the story of how John wrote 365 thank-you notes to people he encountered in his everyday life over the course of a year. John was born in Cleveland, Ohio, and attended the University of Michigan, from which he received a B.A. (1975) and then a J.D. (1979). After that, John practiced law in Los Angeles for 30 years. In September 2009, John was appointed by Governor Schwarzenegger to be a Judge of the...
2024-02-0555 min
"Unretired" & Inspired - A Retirement Planning Podcast98: Nan Ives & Lisa Stornaielo: The Art of reTRYment and Finding Purpose Again.Caleb and Riley are joined by Nan Ives and Lisa Stornaielo, of "The Future of You", an organization with a mission to help individuals discover their ultimate life in retirement. Today we are going to make the case as to why you probably need to adopt a framework to help you figure out what your life in retirement will look like. Lisa and Nan are former financial services professionals who, upon taking early retirement, recognized the need for a holistic approach to retirement planning. While many services focus solely on finances, they saw retirement as an opportunity...
2024-01-2958 min
"Unretired" & Inspired - A Retirement Planning Podcast97: Dena Silverberg: The Power of Social Prescribing in Retirement WellnessCaleb and Riley are joined by Dena Silverberg for a deep dive into world of social prescribing and senior wellness. In this episode Dena is going to help us really define this idea for us today, and even the role it can play in finding fulfillment, connection and ultimately living life more richly. Our ultimate goal for you in today's episode, is to help you to uncover a new pathway for your retirement, one that gives you a more connected and engaged life as an older adult. Prior to joining OACAO, Dena was the Vice...
2024-01-2240 min
"Unretired" & Inspired - A Retirement Planning Podcast96: Corey Mackenzie, PH.D: Debunking Myths of Mental Health in AgingCaleb and Riley are joined by Corey Mackenzie from the Centre on Aging at the University of Manitoba. Corey is a Professor and Director of Clinical Training in the Department of Psychology, Adjunct Professor in Psychiatry, and a Research Affiliate with the Centre on Aging at the University of Manitoba. He received his Ph.D. in Clinical Psychology from Queen's University and completed his predoctoral internship at Baycrest in Toronto. He is a registered Clinical Psychologist with the Psychological Association of Manitoba. Together with his collaborators and students, Corey has published 78 articles in peer-reviewed journals and 11 book...
2024-01-1552 min
"Unretired" & Inspired - A Retirement Planning Podcast95: Christene Gordon: Demystifying Dementia - Stories, Strategies, and Societal SupportCaleb and Riley are joined by Christine Gordon, Executive Director at the Alzheimer's Society. Christene has been with the Alzheimer's Society in various roles for over 30 years delivering consistent, person-centered programs and partnerships. Unfortunately, experiencing a form of Dementia is common, and can often emerge as we progress in our retirements. The annual cost of dementia to the Canadian economy and healthcare system is over 10 Billion dollars, and it's affecting over half a million people in Canada alone. So we all need to have compassion. And to borrow a quote I came across "Those with...
2024-01-0857 min
"Unretired" & Inspired - A Retirement Planning Podcast94: Cynthia Covey Haller: Living Life in Crescendo - The 'R' Word RedefinedCaleb and Riley are joined by Cynthia Covey Haller, co-author of Live Life in Crescendo. Cynthia is an author, teacher, speaker, and active community member. She has contributed to the writing of several books, two with her brother Sean, and most recently she co-authored her late father, Stephen Covey's 'last big idea' and final book titled: "Live Life in Crescendo". Learn more about: Why Cynthia Covey Haller believes your most important work is always ahead of you, and how this mindset can revolutionize your approach to life and retirement. The transformative power of service...
2024-01-011h 05
"Unretired" & Inspired - A Retirement Planning Podcast93: Fritz Gilbert: The Retirement Manifesto - Navigating Blind Spots and Commandments in RetirementCaleb and Riley are joined by Fritz Gilbert, the producer of the award winning blog, The Retirement Manifesto. His mission is to Help People Achieve a Great Retirement. On the blog he provides practical financial independent and retirement planning guidance for people within ten years of retirement.... Fritz has thought about retirement, a lot! He has been thinking and writing about retirement while he was preparing for, transitioning into and now living in retirement! His 400+ articles are full of wisdom and in this episode we dig deeper into some of his biggest learnings. Learn more...
2023-12-251h 01
"Unretired" & Inspired - A Retirement Planning Podcast92: Dr. Riley E. Moynes: From Vacation to Reinvention - Mastering the Four Phases of RetirementCaleb and Riley are joined by Dr. Moynes is a successful author and public speaker with several best-sellers to his credit. Whereas most retirement-focused books emphasize the investment, insurance and estate planning aspects, Riley emphasizes the psychological changes and challenges that almost every person experiences when they retire. His 2022 TEDx Talk based on this best-selling book is fantastic and was viewed by over 3.5 million people in just 11 months. Learn more about: The Psychological Side of Retirement: Delve into the emotional and psychological challenges faced during retirement, beyond just the financial. The Four Phases of...
2023-12-1858 min
"Unretired" & Inspired - A Retirement Planning Podcast91: Jamie Hopkins: The Power of Guardrails - New Solutions for an Age-Old ConcernCaleb and Riley are joined by Jamie Hopkins, co-author of Find Your Freedom: Financial Planning for a Life on Purpose. Jamie also wrote the book Re-wirement: Rewiring the Way You Think About Retirement! Jamie specializes in modern retirement income planning, estate planning and tax efficiency; helping clients get the most out of their retirement income. Jamie is a nationally recognized writer, podcaster, researcher and educator; and a regular contributor for Forbes, InvestmentNews and MarketWatch. He has been published in dozens of financial, educational and legal journals, and he's a go-to expert on retirement income planning and tax...
2023-12-1150 min
"Unretired" & Inspired - A Retirement Planning Podcast90: Susan Williams: The 60 Before 60 Challenge and Embracing the Encore of LifeCaleb and Riley are joined by Susan Williams, the Founder of Booming Encore – a website and social media network dedicated to providing information and inspiration to help Baby Boomers create and live their very best encore. Being a Boomer herself, Susan loves to discover ways to live life to the fullest. On this episode she shares her experiences, observations and opinions on living life after 50, her 60 before 60 project and how she tries to embrace Booming Encore's philosophy of making sure every day matters. Learn more about: The reasons behind Susan's retirement transition and learn about the in...
2023-12-0458 min
"Unretired" & Inspired - A Retirement Planning Podcast89: Judy Oppenheim: The science of happiness and new perspectives on retirementCaleb and Riley are joined by Judith Oppenheim. The topic is happiness. Judy has a BA in psychology, an MBA in marketing and over 20 years of experience in consumer insights, research, marketing, strategy, and product development. She has worked with major financial services companies and leading advertising and digital agencies. In 2019, Judy obtained her certification as a Happiness Trainer from Tal Ben Shahar's Happiness Studies Academy. She is actively involved in the education committee and is a founding member of the HSA business club. Learn more about: Insights into the science of happiness and how it...
2023-11-271h 00
"Unretired" & Inspired - A Retirement Planning Podcast88: Tom Lashnits: The "3 key likes" that will help you embrace change and thrive in retirementCaleb and Riley are joined by Tom Lashnits, producer of the award winning blog "Sightings Over Sixty" which covers health, finance, retirement — and all the concerns of people who realize that somehow they have grown up. In this episode Tom shares his story of being unceremoniously laid off in his mid 50's and his transition into a thriving retirement. For Tom, a thriving retirement is one where you have found the answer to 'the three likes'. Learn more about: How to navigate major life changes during retirement with resilience and grace. Practical advice on, finding ne...
2023-11-201h 02
"Unretired" & Inspired - A Retirement Planning Podcast87: Karen Wagner and Erica Baird: Reinventing retirement with Lustre - A new perspective for professional womenCaleb and Riley are joined by Karen Wagner and Erica Baird, the co-founders of Lustre, a community of women who are redesigning what retirement looks like. Erica's journey is nothing short of remarkable. Erica attended NYU Law School and became the first female partner in the General Counsel's office of one of the Big 8 accounting firms. Karen, on the other hand, nurtured a deep-seated ambition to live in the heart of New York City from her globe-trotting childhood years. This desire led her to also attend NYU Law School, and led to an illustrious career as a...
2023-11-131h 03
"Unretired" & Inspired - A Retirement Planning Podcast86: Caryl and Jay Casbon: How aging couples are thriving and finding meaning in retirementCaleb and Riley are joined by Carol and Jay Casbon. They have a really interesting story about travelling across the country in their RV, interviewing hundreds of couples about their committed aging relationships. They are the co-authors of Side by Side: The Sacred Art of Couples Aging with Wisdom & Love, released June 27, 2023. Their book, offers a rare window into the intimate challenges and joys of couples fiercely committed to thriving and evolving in long-term partnerships, especially while aging. Learn more about: Discover the intimate challenges and joys of long-term partnerships as couples age and evolve together...
2023-11-061h 18
"Unretired" & Inspired - A Retirement Planning Podcast85: Sue Phillips: An end-of-life doula redefining end-of-life care with planning and purposeCaleb and Riley are joined by Sue Phillips, Vice President of the End of Life Doula Association of Canada. Sue Phillips has been supporting people who are dealing with a critical illness or approaching death since 2019. Her primary supports include pre-planning, advocacy, legacy project facilitation, compassionate companioning, caregiver respite, post-death assistance and grief and bereavement peer support and resources. Sue's training includes the Douglas College End of Life Doula Training as well as the Visiting Volunteer Training at Dr. Bob Kemp Hospice in Hamilton. NOTE: Since the recording Sue has completed her term as the VP End...
2023-10-3046 min"Unretired" & Inspired - A Retirement Planning Podcast84: Beyond Investing: Three Things You Can Do Now to Prepare your perfect retirement lifestyleCaleb and Riley are talking about 3 things that you can do to craft your perfect retirement lifestyle. This episode goes beyond investing here. We are not talking about what we invest in, the tax planning or any trading or tax strategies. Instead we lay out three things you can do yourself, in three areas of your life to have the biggest impact in preparing for retirement. Turn on the TV if you want to be entertained by what's happening in the markets (largely uncontrollable), but listen to this episode if you want some real actionable steps that you can...
2023-10-2332 min"Unretired" & Inspired - A Retirement Planning Podcast83: Understanding a Retirement Buyout PackageCaleb and Riley discuss retirement packages and the various legal contracts we sometimes call buyout contacts. For example, Telus recently announced some downsizing they were doing this year, offering buyout package to 2,000 employees. If there is a desire for your employer to send you off into retirement, then we want to make sure you maximize your compensation and benefits, and really understand the lay of the land and what you should consider. So let's talk buyout packages Learn more about: The financial benefits and implications that are commonly found in buyout packages Insights on why they...
2023-10-1637 min
"Unretired" & Inspired - A Retirement Planning Podcast82: Rick Irvine: Journey to Conquer Everest and Embrace RetirementCaleb and Riley are joined by Rick Irvine, a retired engineer that summited Mount Everest at age 59. At 59-years-old, Rick Irvine from Minto New Brunswick was the first New Brunswicker to scale Mount Everest. On May 24, Rick reached the 8,848-metre summit of the world's tallest mountain. What I found particularly amazing about Rick though is that he wasn't always a die-hard mountaineer. Reaching the top of Mount Everest wasn't a lifelong goal for him. In fact he only started climbing about 10 years prior. Learn more about: Drawing inspiration to try and do something new as Rick...
2023-10-0950 min"Unretired" & Inspired - A Retirement Planning Podcast81: This order of operations will optimize your savings strategy for successCaleb and Riley discuss the optimal order of operations for saving. If you ever asked yourself, where should I save my money and what type of savings plan do I prioritize over others, then this episode is for you. And bonus points if you are a math junky, and you want your savings strategy to follow some algebraic like principles, because Riley is going to present us a framework that you can follow to ensure you are maximizing the potential of your savings. Learn more about: The 'Financial Order of Operations' strategy, a powerful framework for...
2023-10-0237 min"Unretired" & Inspired - A Retirement Planning Podcast80: Myron Littman: The essential insurance ingredients for a secure retirementCaleb and Riley joined by Myron Littman, owner of Foresight Financial. If you have ever asked yourself questions like, "Do I still need this insurance policy?" Or "What coverages do I actually need as I get older?" Then this episode is for you. Surprisingly, insurance can be used as a creative planning tool to help you to increase your savings and wealth and take you to the next level. Other times, insurance is your saving grace and provides financial support for a potential serious illness, disability or a death. So if you would like to make informed insurance decisions...
2023-09-2557 min"Unretired" & Inspired - A Retirement Planning Podcast79: Dr. Ken Dychtwald: On Meeting Jimmy Carter and Redefining Legacy and the Treasure of Old AgeCaleb and Riley are joined by Dr. Ken Dychtwald, a renowned psychologist, gerontologist, and CEO of Age Wave. He's authored 19 books and is a celebrated public speaker, having shared stages with figures like Barack Obama and Nelson Mandela. Featured on platforms like 60 Minutes, The Oprah Winfrey Show, and The New York Times, he's a Fellow of the World Economic Forum and has keynoted White House Conferences on Aging. Recognized by Investment Advisor as a leading thought influencer in financial services, he's been honored multiple times by the American Society on Aging, recently receiving their President's Award in 2023 for reshaping...
2023-09-1857 min"Unretired" & Inspired - A Retirement Planning Podcast78: Resilience in Retirement: A Deep Dive into Emergency FundsCaleb and Riley discuss emergency funds and how to be ready for unexpected expenses. Perhaps you've always heard that you need an emergency fund, but have never actually taken the time to build one or even be intentional about how much to have in one. Given the stats you are about to hear, I would bet there is a high chance the size of your emergency fund (if you have one at all) has had little thought put into it. Emergency funds make us more resilient and independent. How much do you need to have to feel resilient? It's...
2023-09-1142 min"Unretired" & Inspired - A Retirement Planning Podcast77: Joan MacDonald: A 77-year old fitness influencer shaping a new retirement narrativeCaleb and Riley are joined by Joan MacDonald, "a 76 yr old fitness fanatic defying expectations on every level" - that is what shape.com wrote about Joan in 2022. Joan (aka @trainwithjoan on Instagram) is proving that it's never too late to make big life changes. At 70 years old, she was on multiple medications for high blood pressure, high cholesterol, and acid reflux. She was getting winded walking up the stairs. Today, Joan has lost over 60 pounds, her doctors have given her a clean bill of health and she inspiring millions of followers on social media across the world.
2023-09-0447 min"Unretired" & Inspired - A Retirement Planning Podcast76: Laura Tamblyn Watts: Beyond age 65 - policy, practice, and possibilitiesCaleb and Riley are joined by Laura Tamblyn Watts, CEO of CanAge, Canada's national seniors' advocacy organization and a global expert on aging. Laura is one of the leading voices in Canada on issues related to aging. She is a lawyer, a frequent media commentator, an author, an academic researcher and well-known community activist. Learn more about: The societal and economic implications of our rapidly aging world, and how these shifts will impact your retirement. Practical strategies for a robust retirement, from financial planning, the effects of social isolation to combating ageism. The origin of "retirement...
2023-08-281h 12"Unretired" & Inspired - A Retirement Planning Podcast75: MP Greg McLean: Parliament Decisions Affect Your RetirementCaleb and Riley are joined by MP Greg McLean, the Conservative Member of Parliament for Calgary Centre and a Member of the Standing Committee on Environment and Sustainable Development. Before being elected as MP for Calgary Centre in 2019, Greg worked as a financial professional for 20 years. His work put him in close contact with Alberta's vital oil and gas sector and with technology start-ups, giving him a first-hand understanding of what it takes for hard-working Calgarians to invest, take risk, build, and succeed. Learn more about: How the parliamentary process works, the different types of...
2023-08-211h 09"Unretired" & Inspired - A Retirement Planning Podcast74: Michelle Bullas: Decoding tax law (Bill C-208) for business ownersCaleb and Riley are joined by Calgary Lawyer, Michelle Bullas to discuss unique tax savvy strategies for business owners. Michelle specializes in tax planning and has more than 20 years of experience helping her clients pay less tax. In this episode we discuss Bill C-208 and how business owners may want to take advantage of the introduced changes in 2023, 2024 and beyond. If you or your spouse owns a business and you are considering selling that business to a family member, this episode is for you. Learn more about: Why you should begin planning a business transition...
2023-08-1458 min"Unretired" & Inspired - A Retirement Planning Podcast73: Patricia Faust: Enjoy Aging with a Younger, Sharper BrainCaleb and Riley are joined by Patricia Faust, a gerontologist specializing in the issues of brain aging, brain health, brain function, and dementia. Patricia has a Masters in Gerontological Studies from Miami University in Oxford Ohio. She is certified as a brain health coach and received a certification in Neuroscience and Wellness through Dr. Sarah McKay and the Neuroscience Academy. Learn more about: Strategies for maintaining cognitive health in retirement and Patricia's favourite ways to exercise her own brain to maintain her cognitive reserve The science behind what happens to our brains as we age...
2023-08-071h 00"Unretired" & Inspired - A Retirement Planning Podcast72: Jane Heller: Bestselling author turned caregiver, on love, resilience, and caregivingCaleb and Riley are joined by Jane Heller, a best selling author who has written many books, romantic novels, and comedies. In this episode we discuss her most recent book of nonfiction, You'd Better Not Die Or I'll Kill You: A Caregiver's Survival Guide To Keeping You in Good Health and Good Spirits, which features her trademark humor as she tackles the subject of caring for loved ones with a chronic or progressive illness. Learn more about: How to turn cranky nurses into buddies and other strategies for dealing with the challenges of caregiving and communicating...
2023-07-311h 02"Unretired" & Inspired - A Retirement Planning Podcast71: Ted Klontz Ph.D: Untangling our relationship with money and creating new money scriptsCaleb and Riley are joined by Ted Klontz Professor of Financial Psychology and Behavioral Finance at Creighton University. Ted helps people find and understand their individual "money scripts". Whether you know it or not, you have a unique perspective on the role of money and what it means to you. In this episode Ted walks us through just a few of the key questions that are likely to improve our relationship with wealth. Don't be surprised if these questions uncover something in you that you didn't even know existed. Learn more about: Master the art of...
2023-07-2454 min"Unretired" & Inspired - A Retirement Planning Podcast70: Bonnie Kaplan Ph.D: The Better BrainCaleb and Riley are joined by Bonnie J. Kaplan, Ph.D, Professor Emerita in the Faculty of Medicine at the University of Calgary. Bonnie co-authored The Better Brain. The book is a complete guide to a healthier, happier brain. What if the key to treating mental illness can't be found at the pharmacy, but lies in the very foods and nutrients we eat? In this episode Bonnie shares the results of some fascinating studies and what it means for our brains. Learn more about: The important but under appreciated connections between nutrition and brain health...
2023-07-1759 min"Unretired" & Inspired - A Retirement Planning Podcast69: Your big 4 retirement levers and the true impact of saving 1% moreCaleb and Riley discuss the potential impact of saving just 1% more each month. How much earlier do you think it would allow you to retire? In this episode we walk you through this calculation as well as describe the four biggest levers you have control over to get closer to your ideal retirement. Learn more about: The impact of saving 1% more every month versus working 1 more year Your 4 biggest levers when trying to improve your financial situation for retirement How to determine which lever will have the biggest impact on getting your ideal retirement Resources
2023-07-1046 min"Unretired" & Inspired - A Retirement Planning Podcast68: Peter Blomfield: Snowbirds, dual citizens and unraveling U.S. tax mysteries for CanadiansCaleb and Riley are joined by Peter Blomfield, a U.S. tax advisor focused on international tax issues for U.S. citizens living in Canada. If you spend many months a year in the US, are a dual citizen or thinking about purchasing U.S. real estate, this episode is full of really great information and advice on how to navigate U.S. taxes and avoid common potential traps. Learn more about: Dual citizenship and the associated tax dilemma. Uncover the complexities of U.S. tax filing for dual citizens and learn about potential paths...
2023-07-0355 min"Unretired" & Inspired - A Retirement Planning Podcast67: Susan Bradley: Mastering Life Transitions for a Fulfilling RetirementCaleb and Riley are joined by Susan Bradley, the Founder of the Sudden Money® Institute. For 16 years Susan has been teaching people how to successfully navigate the big and small transitions in life. She is the author of Sudden Money: Managing a Financial Windfall, and TEDx Wilmington Women talk called, "Change launches you into the next great chapter of your life, whether you like it or not." Learn more about: How to navigate major life transitions for a more fulfilling retirement experience. The different phases of retirement transition and how to effectively approach each stage to e...
2023-06-261h 01"Unretired" & Inspired - A Retirement Planning Podcast66: Bad Questions Ruin Retirements: How to Avoid Common Finance Mistakes by Asking Better QuestionsCaleb and Riley discuss the most commonly asked bad financial questions. In this episode they explain why they are bad, and share the better questions we should be asking instead to get more value our of our meetings with advisors. Learn more about: The bad questions to avoid and the good questions to ask help you get the answer to what you truly want Learn how to better evaluate your retirements, your portfolio and your relationship with your advisor Why most questions about the investment markets tend to produce the worst answers Hosted by...
2023-06-1942 min"Unretired" & Inspired - A Retirement Planning Podcast65: Jocelyn Rempel: Age tech and remaining independent as we ageCaleb and Riley are joined by Jocelyn Rempel, Chair in Older Adult Health and Associate Professor at Mount Royal University. Jocelyn's experience as a gerontological nurse has spanned across the care continuum from homecare to long-term care and she is currently forging the way for innovation and technology in the aging space through her research and work with AgeTech and IoT companies. Learn more about: New technologies being developed to assist older adults in living independently. How to avoid social isolation as we age and the importance of 'replacement activities'. Insight into the often unexpected challenges...
2023-06-1248 min"Unretired" & Inspired - A Retirement Planning Podcast64: Joan Pagano: Secrets to preventing osteoporosis and keeping a youthful edge Caleb and Riley are joined by Joan Pagano the owner of Joan Pagano Fitness in NYC, who has specialized in strength training for women since 1988. As the former trainer to Jacqueline and Caroline Kennedy, Joan is dedicated to helping women manage the aging process with grace. At age 75, Joan continues to inspire as a healthy aging and women's fitness expert, proving that strength and vitality can be maintained through the decades. Learn more about: The top exercises and strategies for preventing osteoporosis and staying strong through the decades, tailored specifically for women's unique h...
2023-06-0555 min"Unretired" & Inspired - A Retirement Planning Podcast63: George Kinder: Three guiding questions to reveal your fulfilling retirementCaleb and Riley are joined by George Kinder, Author, international thought leader, and life-planning pioneer. George has been at the forefront of the financial services industry for more than 35 years, spearheading a movement to put the lives that clients desire to live at the center of their financial plans. Through books, workshops, and speaking engagements, George has trained thousands of professionals globally in the field of financial life planning. Learn more about: Having the emotional maturity and confidence to recognize and then pursue your aspirations How you can discover what you truly want out of...
2023-05-2951 min"Unretired" & Inspired - A Retirement Planning Podcast62: Dr. Rose Joudi: Ageless Ambition and Challenging Workplace StereotypesCaleb and Riley are joined by Dr. Rose Joudi to discuss aging, agism and how to think positively about who we are, what we can do and who we can still become. Dr. Joudi holds a Ph.D. in Psychology from Auckland, New Zealand and is a Certified Professional Consultant on Aging. She has more than 15 years of academic, research and training experience in the Psychology of Aging, and Social and Clinical Topics in Aging. Learn more about: Barbara Beskind and why you can still do what you dreamt of doing, even at age 85. How...
2023-05-221h 05"Unretired" & Inspired - A Retirement Planning Podcast61: Gary Saran: Is now the right time to buy or sell a house?Caleb and Riley are joined by Gary Saran to discuss what factors are most important to consider when purchasing or selling real estate. Monthly mortgage payments required to buy the median existing U.S. home has increased more than 75% since the beginning of the pandemic. How much should interest rates and housing markets play into your decisions? That's what we discuss today with Gary Saran of Calgary, Alberta, a licensed real estate advisor with the eXp Realty Family where he helps buyers, sellers and investors find and buy the right home. Learn more about: How...
2023-05-1546 min"Unretired" & Inspired - A Retirement Planning Podcast60: Learning to Embrace Retirement Disruptions: Lessons from Air Canada Flight 2088Caleb and Riley discuss the takeaways from the disruption in Caleb's flight from Maui, Hawaii to Calgary. We can be fairly certain there will be many disruptions throughout retirement. There are simply too many unknowns - the market, inflation, health, politics and more. One of the great things about working with a financial planner is that you have access to a 'financial life simulator'. A financial planner with the right software and tools can test a variety of different scenarios to ensure you plan can encounter unforeseen events and still succeed. Learn more about: Normalizing...
2023-05-0849 min"Unretired" & Inspired - A Retirement Planning Podcast59: Dino Camire: Winning power lifting championships at age 62Caleb and Riley are joined by Dino Camire, coach to Gail-Ann Breese who at age 62 has been setting local, national and world records in powerlifting. Dino is the owner of One Family Fitness Centre in Winnipeg where he trains people of all ages. Dino shares why weight training is so important, even more so in retirement and how it is vital to remaining independent as we age. Learn more about: The story of Gail-Ann, a 62 year old women who recently became a world champion powerlifter How to lift weights even at older ages, with out...
2023-05-0149 min"Unretired" & Inspired - A Retirement Planning Podcast58: Dave MacLean: Investment performance beats Investor performanceCaleb and Riley are joined by David MacLean, 30+ year now retired Senior Investment Advisor and Financial Planner. In this episode we dive into what he did to help his clients maximize their plan and successfully retire as well as what he didn't do! David helps us understand why most people ask the wrong questions, like "what funds should I own?" and a why portfolio is not a plan — but the last step in creating a financial plan. Learn more about: What David found over 30+ years to be the most important factors in being a successful in...
2023-04-2441 min"Unretired" & Inspired - A Retirement Planning Podcast57: How long will I live? The emerging risk of a long life.Caleb and Riley discuss how long you are expected to live! Maybe you're going to drop dead before this podcast episode even ends (maybe that's a bit too morbid ). Perhaps you will become the longest living member of your family. We don't know exactly when, but do know that your days are numbered. In this episode we talk about a major retirement risk that we all face; the risk of having a long and healthy life. Learn more about: How long might I live? What do current statistics say about how long you may actually...
2023-04-1744 min"Unretired" & Inspired - A Retirement Planning Podcast56: Joseph Curry: Favourite Strategies to Maximize Retirement IncomeCaleb and Riley are excited to be joined by Joseph Curry, President & Financial Planner at Matthews + Associates. Joe is passionate about helping clients create a good plan for a great retirement. He works to create retirement income strategies that assist clients to reduce their lifetime taxes, and ensures they don't outlive their money. Sound familiar? Caleb, Riley and Joseph are on a very similar mission to help retirees and people within a few years of retirement achieve what Joe calls, "True Wealth". Learn more about: The formula to determine how much to withdraw from your...
2023-04-1055 min"Unretired" & Inspired - A Retirement Planning Podcast55: Investment Success Belongs to the Fearlessly Disciplined, Not the BrilliantCaleb and Riley discuss what Nick Murray calls "The key to your investments outperforming most others" and how fear and our reactions are often the #1 wealth killer. There is no doubt that you want to come out ahead and maximize your returns. But maybe you are wondering how can you get there. Investment success belongs to the fearlessly disciplined not the brilliant. This was said by William Bernstein, a financial theorist and neurologist, and writer of financial literature. Remaining a disciplined investor, despite all the panic around us, is incredibly important as we plan for and live through our...
2023-04-0354 min"Unretired" & Inspired - A Retirement Planning Podcast54: Karen Henderson: Your guide to aging in place and assessing long term care optionsCaleb and Riley are joined by Karen Henderson. As the result of a challenging 14 – year dementia care experience, Karen founded the Long Term Care Planning Network, Canada's leading online and off-line resource centre for aging and long term care. Planning for aging and care needs can be daunting – but Karen's goal is to make it easy to take the first step. Learn more about: The impact of not being prepared for aging or declining health and the result that will have on you and your family members. What it takes to stay in you home throughout your...
2023-03-2747 min"Unretired" & Inspired - A Retirement Planning Podcast53: How to Have Your Best Retirement, Feel Confident, and Never Run out of MoneyCaleb and Riley discuss the #1 thing you can do to be more confident that your money will last your entire retirement. You may be thinking, I have figured out to do this, It's called "I just wont withdraw/spend any money from my portfolio". Let them show you you, there is a much better way, you don't have to do that. You sacrificed throughout your life to work and save and now it's time to use it. If you want to maximize your wealth and spending in retirement then this episode is for you. Learn more...
2023-03-2035 min"Unretired" & Inspired - A Retirement Planning Podcast52: Jane Blaufus: The courageous conversations that changed my lifeCaleb and Riley are joined by Jane Blaufus, speaker, coach and best selling author. Jane has a mantra that: "We have an obligation to ourselves and to those we love to make sure we leave this world in an organized manner." Through her book, her speaking engagements, her writings, and her coaching, Jane empowers people to have courageous conversations and has started an international movement to help people get their personal and financial lives in order before it's too late. Learn more about: Janes personal story and why she believes having courageous conversations is so...
2023-03-1356 min"Unretired" & Inspired - A Retirement Planning Podcast51: 50 Episodes Deep: The Most Impactful Insights We've LearnedGet ready for a unique episode! Today Caleb and Riley share their most favourite moments, learnings, and research over the first year of doing this podcast. It's all killer no filler. If you want the cream of the crop; if you want to know what are those fantastic learnings, mysteries, insights that will elevate your retirement from zero to hero, then this episode is for you. Get a recap on the best learning from prior episodes and afterwards you may even want revisit those episodes and dig deeper into the discussion and the material. Learn more about:
2023-03-0638 min"Unretired" & Inspired - A Retirement Planning Podcast48: Tax Updates For 2023 That Reduce Inflation Pain!It's a new year, and with it comes new tax updates to take advantage of. In this episode Caleb and Riley identify the most impactful personal finance changes that are new or increased for 2023 to make sure you are ready to take advantage of them. Learn more about: Your new TFSA room for 2023 and the enormous potential tax benefit of having a funded TFSA in retirement. Which changes you can take advantage of that can help you save on taxes and combat rising inflation. The governments tax updates for 2023 including new tax credits to take advantage...
2023-02-1347 min"Unretired" & Inspired - A Retirement Planning Podcast47: Scott Armstrong: The blueprint to crafting an inspired retirementScott Armstrong, CEO of Mindswitch joins Riley and Caleb to discuss his blueprint to helping retirees craft an inspired retirement. Scott is a 'transition expert' and has taken his experiences with thousands of individuals to create Mind Switch, a program that helps individuals to retire and aspire. In this episode we learn about how Scott went from creating Canada's largest rehabilitation and education centre for abandoned exotic animals to a professional speaker and trainer, and published author, who has appeared on numerous television and radio programs helping people make the retirement transition. Learn more about: Why...
2023-02-0655 min"Unretired" & Inspired - A Retirement Planning Podcast46: Where are markets going? Our colleagues answer to thisDo you ever find yourself asking, "Where are the markets going? Are they going up? Are they going down? When will things change?" In this episode Caleb and Riley are joined by Joey Lam, a co-founder of InvestorDNA. Joey has been in financial services since 2008. He has had various roles over the years advising clients on their money. Joey is liaison between the portfolio management team and our clients. Investing can be complex and technical and Joey helps clients make informed investment decisions. Learn more about: A way to answer this question that places some control...
2023-01-3025 min"Unretired" & Inspired - A Retirement Planning Podcast45: Kate Bahen: A guide to giving with impactKate Bahen, managing director of Charity Intelligence (CI) joins Caleb and Riley to discuss how her work can help us make more impactful charitable gifts. Kate and her team research and post reports on over 800 Canadian Charities. They essentially hold charities accountable for the generous support they receive and expect them to be financially transparent. They also highlight exorbitant overhead costs, or charities that don't need more funding, and ultimately measure a charity's effectiveness. Learn more about: How you can multiply the impact of your charitable giving by up to 7x Reducing uncertainty about whether...
2023-01-2356 min"Unretired" & Inspired - A Retirement Planning Podcast44: Cracking the Code to Happiness in the Second Half of LifeCaleb and Riley discuss the strivers curse and how our intelligence transitions as we age and enter retirement. Research shows that at age 70 our happiness levels dramatically, for some they increase and others they decrease. Why is this? The authors found that it depends on how well we adapt to losing our 'fluid intelligence' and understanding our 'crystallized intelligence'. For retirees that are able to tap into their resources of crystallized intelligence, it because a retirement super-power. Learn more about: Real people that cling to the first half of life and failed to find success...
2023-01-1634 min"Unretired" & Inspired - A Retirement Planning Podcast43: Lysa Dixon: The surprising possibilities and benefits found in Co-housingCaleb and Riley are joined by Lysa Dixon, from her cohousing community in Vancouver. Cohousing represents a unique way of living, for all ages, but especially for those heading into or in retirement. What is cohousing? It's hard to describe, but think condo + dorm + seniors home. Not only does Lysa live in a cohousing community, she helps develop them. Don't be surprised if by the end of this episode Lysa has you convinced that cohousing is the way to go. Learn more about: Cohousing, what it is, what it isn't and what makes it unique...
2023-01-0950 min"Unretired" & Inspired - A Retirement Planning Podcast42: Running Out of Money is not the Problem, Running Out of Time isCaleb and Riley discuss new research indicating that there are three types of retirees when it comes to goal setting. Do you enjoy setting specific goals? Or do you prefer to have a more casual bucket list? Knowing our goal setting preferences can help us achieve the fulfilling and robust retirement we hope to have. Learn more about: Shifting your perspective away from focusing on money and instead to a focus on time A goal setting framework to help you in adopting this perspective shift The three retirement profiles and how to use your profile to...
2023-01-0245 min"Unretired" & Inspired - A Retirement Planning Podcast41: Tontines! Part 2: Fraser Stark: Spend without fear using the Longevity Fund by PurposeCaleb and Riley are discussing tontines again. But this time they are joined by Fraser Stark, President of the Longevity Retirement Platform at Purpose Financial. Fraser and his team are the first to launch an income-for-life mutual fund designed for Canadians in retirement. It's not exactly a tontine, but it's close! What is a tontine? Listen to episode #37 where we talk all about tontines and how they represent a new retirement innovation happening in Canada that we are really excited about. Learn more about: The nasty retirement problem we all face and how innovation at Purpose...
2022-12-2655 min"Unretired" & Inspired - A Retirement Planning Podcast40: The Four Phases of Your Retirement JourneyCaleb and Riley discuss new research that highlights four phases retirees go through in retirement. The researchers found that our experiences, priorities, and attitudes tend to change and evolve as we transition through each phase. Join us as we unpack these phases and understand them so that we head into retirement with more curiosity and a sense of adventure to explore new possibilities. Learn more about: The four retirement phases and how to pinpoint where you are on the retirement journey timeline so you can be prepared for what is coming next How to get unstuck...
2022-12-1940 min"Unretired" & Inspired - A Retirement Planning Podcast39: Inheritance Debate: Giving While Living vs Giving at DeathThe question Caleb and Riley want to answer today is: Should you plan to leave an inheritance, and if so, should you plan to give your wealth away now, while you are alive, or at death? You may know 'who' you want to gift money to, or who you want to inherit any wealth, but it's uncommon for people to know 'when' they would like the wealth transfer to happen. Should you wait till death, or is giving while your alive (a living inheritance) a path to a more robust retirement? Listen in to hear the debate.
2022-12-1241 min"Unretired" & Inspired - A Retirement Planning Podcast38: How to Use Your Home Equity to Fix RetirementCaleb and Riley discuss home equity - often referred to as your 'retirement backup plan'. Home equity can be used like a parachute and keep your retirement from crashing into the ground. Many people don't consider their home an investment that can be used for retirement cash flow, they may even view it as as financial suicide. But if it is used correctly, home equity can add to the robustness of your retirement. Learn more about: The three different ways you can tap into your home equity Why you shouldn't feel guilty about using home...
2022-12-0545 min"Unretired" & Inspired - A Retirement Planning Podcast37: Tontines! Part 1: Canada's Latest Retirement InnovationToday, Caleb and Riley are talking about a brand new innovative retirement product that has hit the market. Canada's rollout of the "Tontine!" For North America it is a product that is exclusively available for Canadians. This is exciting because anything we can do to out do our American neighbours to the South is a win in our books. It's also exciting because it was developed to specifically address an area that is near and dear to our hearts, a problem coined as "the retirement dilemma". Learn more about: Canada's new innovative retirement solutions to...
2022-11-2839 min"Unretired" & Inspired - A Retirement Planning Podcast36: Angela Yee-Hamshaw: Don't write a fictitious willCaleb and Riley are joined by Angela Yee-Hamshaw to discuss all things wills and estates. Angela is a Wills & Estate Lawyer at Masuch Law. She has read thousands of wills, some great and some not so great. Together we learn what makes a good will and why Angela calls some wills "fictious". Do you have questions on probate, beneficiaries, handwritten wills or naming an executor? Angela helps us navigate all of these questions and more. Learn more about: What differentiates a good will from a bad will, and some stories of things that have gone really...
2022-11-2155 min"Unretired" & Inspired - A Retirement Planning Podcast35: Successful Retirees Have a Retirement Dream TeamCaleb and Riley discuss putting together your retirement advice team. A key to a robust retirement is having the right individuals on your retirement team. Many great things in this world have been accomplished when a team of extraordinary people work together for a similar purpose. Whether you are a family, a sports team, a company, or an entire country... this concept holds true. We certainly are better together. So why should this be any different for our retirements? Learn more about: Who are the primary team members that you need to create your robust...
2022-11-1445 min"Unretired" & Inspired - A Retirement Planning Podcast34: Michelle Sharpe: Retiring abroad in BelizeCaleb and Riley are speaking with Michelle Sharpe, a Canadian successfully moved her life to Central America to semi-retire in Belize. Michelle and her husband Ed are from a small town in Northern Ontario. After several winter getaways to the Caribbean, Michelle and Ed thought, why don't we just work and live somewhere warm. Join us to hear Michelle's advice on the logistics of moving abroad, purchasing real estate, becoming a resident, paying taxes, getting health care and much more. Learn more about: The important financial considerations and questions to ask and the trade-offs that are...
2022-11-0751 min"Unretired" & Inspired - A Retirement Planning Podcast33: Minimalism. Downsize your Life to a Fulfilling RetirementCaleb and Riley discuss the benefits of living a more minimalist life. A new Netflix documentary titled, 'Minimalism: Less is now' offers a fresh perspective on minimalism and the many ways it can help us find satisfaction in life. Learn more about: How a shift in perspective on wealth can possibly undo decades of corporate brainwashing Re-evaluating your life in terms of where you truly find happiness and how to incorporate small minimalist habits Finding a new sense of security in the idea that you have much more then what you need and your financial worries...
2022-10-3128 min"Unretired" & Inspired - A Retirement Planning Podcast32: Pay Off Debt or Invest? Use This Framework To Set Your PriorityCaleb and Riley discuss whether an individual with some 'extra cash' should pay off debt or invest. Often people are divided into two camps in how they think about this question. Some people are mathematical about it, they will choose the option that maximizes their wealth. Others approach it emotionally and choose the option based on how investments and debt make them feel. Which camp do you think you fall into? Do you know how to calculate which option is mathematically better? Let us share with you a framework for helping you make the best decision. Learn...
2022-10-2441 min"Unretired" & Inspired - A Retirement Planning Podcast31: Keep Your Retirement Assets in One PlaceWould someone describe your finances as 'having things everywhere'? Throughout life have you been opening accounts here and there and but never closing any? We're not here to judge you, actually having scattered accounts may work for you when your saving, but if you're close to or in retirement it's definitely not optimal. Today Caleb and Riley discuss asset consolidation and why it can be a wise and helpful financial planning decision. Learn more about: The cost of delaying the decision to consolidate, and the real detrimental financial implications How to be motivated to make the...
2022-10-1739 min"Unretired" & Inspired - A Retirement Planning Podcast30: Warren Kay: Retirement Living 101 and Introduction to Charis VillageCaleb and Riley are joined by Warren Kay to discuss senior housing, retirement community's and the various options available. Warren Kay is Marketing Manager at Charis Village, a unique senior housing and retirement community in Lacombe, Alberta. Warren also has a unique background, previous to Charis he was as a pastor for 40 years! In this episode we dive deeper into the various levels of care, what to expect for costs and highlight this specific new retirement community. Learn more about: The various retirement living options, levels of care and how to know what you...
2022-10-1036 min"Unretired" & Inspired - A Retirement Planning Podcast29: The Million Dollar Aging DecisionCaleb and Riley discuss aging, health and how this is often an underestimated area of our retirement planning. How long should we plan for our finances to last? Will we encounter daunting health care costs? The number of Canadians aged 100 or older has increased from just 1,065 in 1971 to 9,545 in the 2021. Listen in to understand how we can better navigate changing health as we age and maintain a robust retirement. Learn more about: How changing health affects lifestyle and finances in retirement The health related expenditures retirees may encounter in retirement in Canada and the living situation...
2022-10-0333 min"Unretired" & Inspired - A Retirement Planning Podcast28: David Blanchette: The Retirement Consumption GapIn this special episode Caleb, Riley welcome David Blanchett, head of retirement research at PGIM to discuss all things retirement. David has published over 100 papers on retirement and Money Magazine named him one of the brightest minds in retirement planning. If Marvel created a new superhero with retirement planning powers, it would be David and his alter-ego 'The Grey Gamma'. If you are retiring and feeling resistant to spend, or have a fear of the future uncertainty around markets, inflation or personal health, this episode is for you. Learn more about: How you can better utilize...
2022-09-2657 min"Unretired" & Inspired - A Retirement Planning Podcast27: Your One Page Retirement Plan and What It Should Monitor To Stay On TrackCaleb and Riley discuss what you should be monitoring in retirement to stay on track. Should it be year by year tax? Estate tax? Clawbacks? RRIF minimums? Rates of return? Research shows that we really have no idea what is most important as we enter retirement, so it should be of no surprise that we also don't know what metrics we should be tracking either. Join us as we dive into what is most important to keep tabs on in retirement. What things should be measured and what metrics should be tracked. Learn more about: The...
2022-09-1945 min"Unretired" & Inspired - A Retirement Planning Podcast26: Mosi Taylor-Cole: A Lawyers Advice on Marriage, Divorce and Remarriage in RetirementCaleb and Riley are joined my Mosi Taylor-Cole to discuss the importance of who you retire with or don't retire with and the implications of divorce on retirees. Mosi is a family law lawyer at Square Law Group and to date, has worked exclusively in family law. Learn more about: The phenomenon known as 'gray divorce'. Statistics show that a record number of people over the age of 50 are choosing to divorce. The Family Property Act and the division of assets and liabilities Alternative co-habitation agreements, implications of getting remarried in retirement, prenuptial agreements and why...
2022-09-121h 12"Unretired" & Inspired - A Retirement Planning Podcast25: Tax Bonuses For Being Married in RetirementCaleb and Riley are discussing the institution of marriage. Not just marriage, but how do we use marriage to our financial advantage. There are tax breaks, incentives and strategies that only the existence of our significant other provides us. So if your listening today, maybe hit pause and lean over to that financial goldmine of a partner and tell them "baby because of you, my bank account is a safer place". Learn more about: How married couples in retirement can spend more money by positioning their accounts to minimize taxes and clawbacks Why being single in...
2022-09-0536 min"Unretired" & Inspired - A Retirement Planning Podcast24: Overcoming The Psychological Barriers to Spending your WealthCaleb and Riley are discussing a problem they continue to encounter in retirement planning. The problem is that many retirees feel it is important to preserve their asset levels in retirement, and many will even go as far as to cut their spending to do it. This could because of fear or uncertainty about the future of using your wealth in retirement and not changing this mindset could lead to a sub-optimal or what we all a 'rubbish' retirement. Learn more about: How to overcome mental hurdles preventing you from spending their wealth on what it...
2022-08-2946 min"Unretired" & Inspired - A Retirement Planning Podcast23: Don't save too much! This is the robust way to calculate how much to save for retirement.Caleb and Riley discuss how you can know when you have saved enough. Pre-retirees make many flaws in trying to estimate how much they need in their accounts for retirement. For many reasons people often overestimate how much savings they will need! There are easy rules of thumb that may or may not provide a great prediction but we recommended a more robust calculation for an accurate check on your retirement readiness. Learn more about: All the ways in which people overestimate how much savings they will need for retirement How to properly calculate how much...
2022-08-2233 min"Unretired" & Inspired - A Retirement Planning Podcast22: A Retirement FarewellThis week is a unique episode where Caleb and Riley discuss three of their favourite retirement and farewell speeches. These speeches are compelling and offer inspiring advice for today and future phases of life. Learn more about: Three inspiring speeches by Dwight Eisenhower (34th President of the United States), Patrick Pichette (Former Google CFO) and Mary Schmich (Chicago Tribune) Ways we can practice a level of excitement and sense of hope for the next phase of life Taking time to look back on the things we accomplished with contentment, and and feel secure that we are...
2022-08-1544 min"Unretired" & Inspired - A Retirement Planning Podcast21: Markets are looking scary, is now a good time to retire?Caleb and Riley discuss how to know if it's a good time to retire and whether we should delay retirement during economic downturns. A lot of people have retired over the last 200 years and we dive into what made the best and worst times to retire in history. Having a robust retirement isn't about waiting for the best economic cycle, rather it's knowing what you can control and having a system in place to deal with the risks. Learn more about: What were the best and worst times to retire in the last 200 years Why trying...
2022-08-0839 min"Unretired" & Inspired - A Retirement Planning Podcast20: Dividends. The Rubbish Retirement Income StrategyCaleb and Riley discuss a popular 'dividend income' investing strategy. Dividend invests has many allures, like the ability to live off your dividends, and participate in both dividend income and growth of the shares. Some may feel dividend paying companies are the most stable and growth oriented companies. But what does the research say about this? With many years of stock market data and peer reviewed research let's find out. Learn more about: The research and data behind dividend investing strategies and why it was never meant to be an income strategy for retirees. The "free...
2022-08-0139 min"Unretired" & Inspired - A Retirement Planning Podcast19: Rich vs WealthyWould you rather be rich or wealthy? In this episode Caleb and Riley discuss what it means to be rich vs. wealthy and the impact each has on happiness in retirement. Learn more about: Why financial celebrities like Warren Buffet believe there is a difference between being rich and being wealthy The impact of being rich and/or wealthy has on your happiness Insights from research on how we can be more wealthy and happy in retirement Memorable Quotes: "That man is richest whose pleasures are cheapest" "People are consistently happier...
2022-07-2534 min"Unretired" & Inspired - A Retirement Planning Podcast18: The Benefits of Retiring Late. It Can Be Great!Caleb and Riley discuss retirement timing. In other words, what does the research say about the best age to retire. There tends to be a lot of negativity around retiring late; perhaps people feel they have failed if they don't retire early. Retiring late however can be a winning a strategy, take Warren Buffet for example, still working at age 91. There are many benefits to retiring later and they aren't just financial, so let's get into it! Learn more about: Walter Orthmann, who holds the Guinness world record for having the longest career at the same...
2022-07-1843 min"Unretired" & Inspired - A Retirement Planning Podcast17: How to identify good financial advice and if it's worth paying forCaleb and Riley are discussing the wide spectrum of financial advice and in particular what investors should expect to pay for financial advice. Financial advisors and financial planners can offer a wide range of services from tax planning to portfolio management, there can also be a wide range of fee's for these services. In this episode we talk about what is and isn't worth paying for (yes, some advice is not worth paying for) and how to get the biggest 'bang for your buck'. Learn more about: What type of financial advice are worth paying for...
2022-07-1136 min"Unretired" & Inspired - A Retirement Planning Podcast16: Annuities and guaranteed income. Should all retirees consider them?Caleb and Riley are discussing how to make a retirement more robust with guaranteed income. Research has shown that having a certain amount of guaranteed income in retirement allows you to maximize your spending while reducing the chances of running out. Essentially you can transfer the risk of 'living too long' to someone else! Learn more about: What is guaranteed or 'pension-ized' income and where do I get it? How the right amount of guaranteed income can move retirees closer to a robust retirement Case studies where guaranteed income made sense and where it didn't make...
2022-07-0438 min"Unretired" & Inspired - A Retirement Planning Podcast15: A retiree's guide to RRSP and RRIF accountsCaleb and Riley are discussing how to squeeze the most income from your retirement accounts, specifically RRSP and RRIF accounts. There are many misconceptions about how to use these accounts and rules of thumb that may not work well for everyone. Use this episode as your guide when considering when and how to draw from these accounts. Learn more about: The proper way to think about RRSP's and RRIF's and when to use them (and not use them) 5 questions to ask yourself when considering when to withdraw funds from a RRSP or RRIF account Common misconceptions...
2022-06-2740 min"Unretired" & Inspired - A Retirement Planning Podcast14: How to Manage Inflation in RetirementCaleb and Riley are discussing inflation and practical tips of what retirees can do to manage inflationary periods during retirement. Fidelity conducted a study and determined that 56% of Canadians nearing retirement age said the rising cost of living was holding them back from retiring. This is not very 'awe-inspiring' so let's change this! Learn more about: Using inflation to your advantage instead of your detriment. How to include inflation assumptions appropriately in your financial planning The ways you can 'inflation proof' your retirement plan Memorable Quotes: "I'm here today to tell you...
2022-06-2031 min"Unretired" & Inspired - A Retirement Planning Podcast13: Must know 2022-2023 tax updates and tax saving tips for retiree'sCaleb and Riley are discussing the newly released 2022 Federal Budget, specifically those updates that are relevant for retirees to cruise through retirement with a game winning plan to maximize tax savings. Learn more about: The proposed tax changes most likely to effect pre-retirees and those already retired Long standing tax saving tips that you may be missing out on when filing your tax return Which tax credits and deductions you should be taking advantage of at tax time Memorable Quotes: "There are certain deductions 'made for' the retiree. Sometimes they are just...
2022-06-1340 min"Unretired" & Inspired - A Retirement Planning Podcast12: Too old for your job, too young to stop working. How pre-retirees can stay in the workforceCaleb and Riley are identifying how the landscape of work is changing, and how those that are approaching retirement may actually be able to capitalize on current employment trends to have a more successful transition into retirement, or perhaps, work longer by finding workplaces that are aligned to their needs. Learn more about employment workplace trends affecting the pre-retiree: Multigenerational Workplace - Multiple generations in the workplace provide opportunities for mentorship and reverse mentorship Employer Upskilling - Employers looking to train up their senior workforce to in technology or other skills that may be lacking Voluntary...
2022-06-0640 min"Unretired" & Inspired - A Retirement Planning Podcast11: The Rule of 61Caleb and Riley talk about how to have realistic expectations for when you will actually retire. Data shows that we are bad at predicting when we will retire. To help us not over or underestimate how long we discuss how pre-retirees can apply the "Rule of 61" and adjust their plans accordingly. Learn more about: History/trends in retirement timing over the past 100 years Why we are bad at predicting how long we will work and what that means for our financial plans How to apply Blanchett's Rule of 61 to better predict our future retirement age Alternative...
2022-05-3035 min"Unretired" & Inspired - A Retirement Planning Podcast10: Retirement Mishaps and SetbacksCaleb and Riley are discussing common retirement mistakes and setbacks that they have seen clients make over the years. Caleb shares three stories from real people and their retirement situations, and what they could have done to better prepare themselves. Learn more about: Estate equalization and what to consider when dividing up your net worth among your beneficiares How to properly vet a Financial Advisor before deciding to do business with them The dangers of retiring early without a plan Memorable Quotes "I love talking about failures. They are life's way...
2022-05-2350 min"Unretired" & Inspired - A Retirement Planning Podcast9: Owning Rental Properties In RetirementCaleb and Riley are talking about the pros and cons of owning rental properties in retirement. While it might seem that owning real estate is a good opportunity at any point in time, there are additional things to consider when you are entering retirement age. Learn more about: Why real estate is appealing and potential downsides Investing vs owning a rental A real estate investors quiz to help determine if owning a rental in retirement is the right plan for you Retiree Real Estate Investor Quiz How comfortable are you having debt and using d...
2022-05-1641 min"Unretired" & Inspired - A Retirement Planning Podcast8: The Holy Grail of RetirementCaleb and Riley are on a quest for The Holy Grail of retirement - that is, the ability to maximize spending in a way that is sustainable without any uncomfortable changes, no matter how long you live. Learn more about: Accumulation vs Deaccumulation How does inflation and future tax rates factor in to your retirement planning Sequence of Return Risk and what volatile market performances can do to your long term investment performance Longevity Risk and trying to account for how long your retirement years may be Memorable Quotes "Retirement inc...
2022-05-0931 min"Unretired" & Inspired - A Retirement Planning Podcast7: Given what's going on, what should I do?Caleb and Riley are talking about what to do in the middle of a global crisis. It may be your instinct to try to adjust your investment strategies as a crisis emerges, but is it the best course of action? Learn more about: What to do with your investment strategy in times of uncertainty How people react to these market dips and how panic often drives it History of average market declines after major financial crises and where they were one year later When is the right time to invest extra money? Memorable...
2022-05-0224 min"Unretired" & Inspired - A Retirement Planning Podcast6: Your investments performance is less important than what you thinkCaleb and Riley are looking at successful retirement and your portfolio performance. While we know portfolio success is measured by rate of return, not many people understand the actual concept of rate of return. Learn more about: Understanding the difference between Accumulators (wealth builders) and Decumulators (retirees) Why performance is not a good measure of success and how people incorrectly compare performance Shifting focus from performance based investing to goal based investing Memorable Quotes "They hit this retirement point, and all of a sudden it's not about growing y...
2022-04-2525 min"Unretired" & Inspired - A Retirement Planning Podcast5: Plan for Retirement Like a Chess GrandmasterCaleb and Riley are discussing what the game of chess can teach us about preparing for retirement. Chess can offer some wonderful insights into preparing our savings in a way that allows us to squeeze the most out of retirement income. Understanding the rules of the game and focusing on what you can control are two key parts of a winning retirement strategy. Learn more about: - Putting the right pieces of retirement in the right spots - Understanding the rules and abilities of each piece of your retirement - Developing a plan...
2022-04-1819 min"Unretired" & Inspired - A Retirement Planning Podcast4: Investing Biases Facing Retirees and How to Eliminate ThemCaleb and Riley are looking at a wide range of resources examining behavioral finance and how it can impact your retirement. We all have cognitive biases that can manifest in our investing, and it is important to remove those emotions. The sensible approach to investing for retirement should look to eliminate behavioral bias and make decisions with a data driven algorithmic strategy. Learn more about: - Tactical Allocation Vs Static Indexing - The role human behavior plays in investing - Shifting from a short-term investment strategy to a long-term investment strategy
2022-04-1116 min"Unretired" & Inspired - A Retirement Planning Podcast3: The Best Decade to Work with a Financial AdvisorHow early is too early to start planning retirement? Should someone in their thirties look to work with a Retirement Advisor? Caleb and Riley of InvestorDNA are asking which decades in your life make the most sense to work with a Retirement Advisor and what the process may look like from decade to decade. Learn more about how to make your retirement planning more efficient and save you on taxes. Learn more about: - Income planning and withdrawal planning - Shifting your mindset from accumulation to decumulation - The top questions you...
2022-04-0416 min"Unretired" & Inspired - A Retirement Planning Podcast2: Finding a Purpose in RetirementWhere did the idea of retirement come from and what is the best reason to retire? In this episode of Awe-Inspired and Retired, Caleb and Riley are sharing more about the history of retirement, and the disadvantages of a forced retirement versus planning retirement with purpose. Learn more about: - The origin and purpose of retirement in Ancient Rome - Otto Van Bismarck - How increased life expectancy has impacted retirement and retirement planning - The 5 most meaningful reasons to retire Memorable Quotes "Don't buy your home gym...
2022-04-0413 min"Unretired" & Inspired - A Retirement Planning Podcast1: Many people retire the wrong way, but there is a right wayWelcome to Awe-Inspired and Retired! In this first episode, Caleb and Riley are sharing more about the purpose of the podcast and the importance of knowing how to retire. Why don't more people know how to approach retirement? Shifting your mindset from accumulation to deaccumulation and having the right personal retirement plan are pivotal to executing retirement effectively. Learn more about: - A story of someone in the Rubbish Retirement Zone - The importance of having a fulfilling purpose to replace your work with - The danger of underspending in retirement...
2022-04-0423 min
"Unretired" & Inspired - A Retirement Planning PodcastWelcome to Awe-Inspired and Retired - A Retirement Planning PodcastWelcome to Awe-Inspired and Retired! Caleb Miller and Riley Anderson of InvestorDNA are helping you understand how to plan for retirement, how to work with a Financial Advisor, finding purpose after retiring, and other retirement tips along the way. Be sure to rate and subscribe to Awe-Inspired and Retired on Apple Podcasts, Spotify, or wherever you listen for new episodes every week. Hosted by Caleb Miller and Riley Anderson of InvestorDNA Meet Caleb and Riley Book a Call Subscribe on Apple Podcasts Subscribe on Spotify Subscribe on Google P...
2022-03-2101 min