Name: Financial Myths That Will Ruin Your Retirement Dreams
Price: 199 CAD
Rating: 4.5 (176 reviews)

What You'll Learn

check_circleThe 5 main myths the financial industry uses to make themselves rich

check_circleCalculate how much you'll need to retire using a FREE spreadsheet

check_circleCalculate the money-weighted rate of return for any portfolio for any period of time

check_circleDiscover the advantages of paying off debt over investing in retirement savings

check_circleFind out about the effect of the stock market crash on short- and long-term returns

check_circleUncover the dirty details of permanent life insurance and why term is better

About This Course

There is a lot of confusion when it comes to retirement planning. How much will a family need to retire comfortably? Are RRSPs the best answer? Can the stock market be trusted?

The standard answers from the “experts” include: start an RRSP early and maximize your contributions, use the stock market and mutual funds for the best returns, put faith in a financial adviser. But what if those answers are wrong?

The problem is that much of the common advice is from people with a conflict of interest. Many are simply trying to sell financial products that make them money… at your expense. This course is designed to cut through the sales pitches and get to the simple truths.

You’ll learn the five main myths of retirement planning:

If I had $1,000,000 I could retire. Why much less than a million might be sufficient.
RRSPs are the holy grail of retirement. Explore an alternate strategy that is guaranteed, has no-risk, and eliminates fees.
Don’t worry about your investments: You’ll be fine in the long run. Why you may not be making the eight to ten percent a year they often talk about. What your adviser doesn’t want you to know, and how to calculate your own investment personal rate of return.
Income taxes are the enemy. How tax schemes and shelters sabotage your personal finances and why they should be avoided at all costs.
Buy permanent life insurance to secure your financial future. Who really needs it, who doesn’t, the perils of whole and universal life, and how to get term life cheap.

The course comes with seven free spreadsheets including the “Retirement Optimizer” to help you figure out how much you’ll need to save to retire well, the “Personal Rate of Return Calculator” to calculate your money-weighted personal rate of return on any portfolio, the “Mutual Fund Fee Calculator” so you can see how fees eat into your returns and the “Car Lease vs Buy Analyzer” so you can make your car decision with confidence.

This course is a completely updated and enhanced version of David Trahair’s prior course: Smoke and Mirrors: Busting Financial Myths.

Your Instructor

David Trahair

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

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star12,318 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

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5

Student's Choice

176 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.