Jason Evans, CFP®

Helping Canadians 50+ create secure retirement income.

Certified Financial Planner® specializing in retirement planning.

No investment or insurance sales.

[Jason Evans, CFP® @Jason_A_Evans]

Planning for retirement can be overwhelming for many Canadians.

Here are some solutions to 3 common obstacles to making a retirement plan:

[Jason Evans, CFP® @Jason_A_Evans]

Updated my list of the Best (and Worst) Free Canadian Retirement Income Calculators:
https://t.co/4VndLcqPEq

[Jason Evans, CFP® @Jason_A_Evans]

Do you know about the CPP Post-Retirement Benefit (PRB)?

It allows you to start your CPP and continue making contribution to increase your pension.

Why workers aged 65 and older may want to consider earning the PRB: https://t.co/ah4B9MinjO

[Jason Evans, CFP® @Jason_A_Evans]

Do you know about the CPP Post-Retirement Benefit (PRB)?

It allows you to start your CPP and continue making contribution to increase your pension.

Why workers aged 65 and older may want to consider earning the PRB: https://t.co/ah4B9MinjO

[Jason Evans, CFP® @Jason_A_Evans]

Great first episode! If you're looking for a trustworthy and approachable resource to learn about personal finance, check out @wealthy_barber 's new podcast.

[Preet Banerjee @preetbanerjee]

New Canadian personal finance podcast by @wealthy_barber launches TODAY: He made me an offer I couldn’t refuse (to be the first guest). Absolute honour as Dave’s advice over the years has likely made an impact to the tune of many billions of dollars for Canadians. Truly!

[Markus Muhs @CGWM_Muhs]

I updated my RESP🧑‍🎓 wiki post a bit early this year, as I’m already having discussions with clients about RESP withdrawals ahead of the upcoming school year. You’ll find a link to the post, which includes a couple of complementary podcasts, below. Executive summary first:

[FP Collective @FP_Collective_]

The Deathbed TFSA: Death, Taxes - and Lost Optionality.
by Jason Pereira
https://t.co/sV8A1JAooa

[CutTheCrapInvesting @67Dodge]

Common investor mistakes:

* Investing outside of risk tolerance
* Paying high fees
* Counting the dividends vs total return
* Lack of geographic diversification (home bias)
* A too-concentrated stock portfolio
* Improper use of account types
* Not maximizing employee plans - free money
* Tax perfection over diversification
* Not matching portfolio to time horizon
* No financial plan

What would you add? @Jason_A_Evans @AaronHectorCFP

[Jason Evans, CFP® @Jason_A_Evans]

@67Dodge Good list. Another I'd add is trading too much.

[Jason Evans, CFP® @Jason_A_Evans]

@HopeEcon Hagia Sophia?

[Jason Evans, CFP® @Jason_A_Evans]

@MJonMoney I think people can sometimes put too much emphasis on getting an "accurate" net worth (including pensions/CPP), but at a minimum an awareness that there will be tax to pay when the RRSP comes out is important.

Otherwise people risk missing the point of RRSPs in the first place.

[Michael James @MJonMoney]

It's important to remember that your RRSP will get taxed. It's better to guess the tax rate (perhaps 20% for many) than to just treat it like 0%.

[Preet Banerjee @preetbanerjee]

Yeah, Peloton’s stock chart would make for a good hill climb and descent class but there are Four Lessons from the 98% Stock Plunge for everyday investors https://t.co/qowctZejkU

[Jason Evans, CFP® @Jason_A_Evans]

@preetbanerjee A 98% drop is brutal. ☠️

[Jason Evans, CFP® @Jason_A_Evans]

@JarrettHolmesFP Putting together a PC isn't much harder than Lego. There are sites to make sure all components are compatible.

[Jason Evans, CFP® @Jason_A_Evans]

Repeated BSOD on main PC. Please send thoughts and prayers. 😢

[Jason Evans, CFP® @Jason_A_Evans]

@JarrettHolmesFP Had a macbook previously, but I think I'm going to stick with PC. Might turn it into a father-daughter activity if I have to build a new one.

[Jason Evans, CFP® @Jason_A_Evans]

@LooniesAndSense Everything important is already backed up and I've done some basic troubleshooting. Next step is to take it to a shop.

[Jason Evans, CFP® @Jason_A_Evans]

@BoomerandEcho This is the type of person who likes surprises.

[Jason Evans, CFP® @Jason_A_Evans]

@LooniesAndSense Exercise increases lifespan, so you'll be able to let those Loonies compound for even longer.