A Complete Retirement Plan Build - Step By Step Guide

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.


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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.

[Berit-Cathrine]

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...

[neilrankin]

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.

[robertdewalt]

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.

[dmd]

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.Perignon]

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!🤑✌

[tterrian]

Congrats on the 100k! Well deserved. You're sharing quality content here, and I for one really appreciate it.

[lobstahchowdah]

Congratulations Adam. I have learned a great deal from watching your videos. The banking industry and its “financial advisers” (what a joke!) have trained consumers to think that they can’t or shouldn’t touch their RRSPs until long after they’re retired and well into old age. So many folks who scrimped and saved their whole lives, and barely touched their retirement savings except to withdraw the annual minimum RRIF payment, have no clue that the CRA is going to take a major chunk of that money when they die. Thanks for helping to educate us about the importance of creating a drawdown plan.

[Supe]

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

[James_]

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.

[daviddrouillard]

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.

[christinehcanada]

Thank you Adam for sharing your knowledge with us. My plan to retire at age 55 from the federal government is going to happen in 2025! Your videos have given me insight I never had before. I look forward to hiring your company to create a financial plan for me. Congratulations on 100, 000!

[jonathoncollins]

Best video yet, thanks for sharing the name of the software you use. Question: wouldn't it be 'smarter' to avoid touching the TFSA at all costs? Increase the dependance on the RRSP and have more tax-free income to draw on for expenses or to give to your kids. Keep up the great work!!

[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.

[Monte-lwin]

Congratulations on 100k! Always great information, thank you for sharing your knowledge with everyone. Hopefully we can all have a richer and fuller retirement thanks to your advice and strategies. Cheers.

[wd]

You rock…..the best videos EVER (and for the record I work for an FI)

[johnfrankes]

Congrats on the 100K subscribers Adam. Looking forward to seeing the YouTube plaque soon. Good for you. Well deserved.

[jaxwylde]

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!

[terryloubelle]

Adam, I share your videos with all my friends. Education from experts is key to success.

[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!

[colinmagee]

Watched this video more than once since so many good points in one place. This last time however, based on the fears scenarios, made me wonder do you have a video that show and example of a plan like this but one spouse dies earlier? So, CPP at 70, RSP meltdown, etc but one spouse dies before 70, say 68, and another where they die at say 75, 76. So one scenario, never go old enough for delayed CPP and other only for 5 or 6 years. What does the financial situation become for the surviving spouse. If don't have one like this, there's your next video idea 😁👍