A step-by-step guide to retiring starting later in life
Let’s face it, planning and saving for retirement is not easy. We are told that the earlier we start, the better, and that the “magic of compounding” will make our dreams come true. But for most people, that’s simply not possible. In our twenties through our forties, we are busy paying for our housing, our cars, our kids, and all the other costs of living. Out of necessity, many of us become procrastinators when it comes to saving for retirement. But there is hope. This course will take you step-by-step through planning and saving for retirement starting later in life, even as late as your fifties, and show you the best way to fund your retirement years.
It is an easy-to-follow plan for retirement that can be done in ten years or less. It all starts with the most important step you can take to improve your finances: tracking your family’s spending. You’ll see how to do just that using a free online resource called Mint.com.
You will also see demonstrations of spreadsheets including “The Procrastinator’s Number Cruncher” to optimize your investment accumulation and drawdown strategies, the “Estate Planning Record Keeper” to make estate planning simpler, the “RRSP Needed for Mortgage Calculator,” and the “RRSP vs Pay Down Debt” calculators. All spreadsheets are free with the course.
And don’t worry if you are younger, as all the concepts will still be useful to you. This course is a completely updated and enhanced version of David Trahair’s prior course of the same title.
5 activities • 4 videos • duration: 4h 10m
Acclaimed Author and On-demand Course Developer
David Trahair, CPA, CA, is an author 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.
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.
This was an excellent, well presented course with amazing resources. The retirement spreadsheets will be extremely useful as I plan for my retirement. Thank you
Great content! Everyone should take this course!
Great course with a lot of financial advise and useful spreadsheets
Course covered a lot more detail then was expecting.
