Skip to main content
by learnformula
search
For Business
Team license & compliance management
For Higher Education
Academic partnerships
For Government Agencies
Government training solutions
For Instructors & Course Creators
Teach on our marketplace
Become a Sponsor
Reach professionals where they learn
Log inStart 7-Day Free TrialStart Free TrialStart Free Trial
search
  1. Courses
  2. /Finance
  3. /Retirement Planning

Smoke and Mirrors: Busting Financial Myths

Smoke and Mirrors: Busting Financial Myths by Dave Trahair

Created byDavid Trahairworkspace_premiumBest Instructor
IntermediateUpdated Apr 15, 2025

What You'll Learn

  • check_circleUnderstand the common myths surrounding retirement planning.
  • check_circleLearn the potential downsides of traditional RRSP advice.
  • check_circleEvaluate the risks and realities of relying on the stock market.
  • check_circleRecognize conflicts of interest in mainstream financial advice.
  • check_circleDiscover alternative approaches to planning for retirement.
  • check_circleGain confidence in making independent, informed financial decisions.

About This Course

Retirement planning is filled with conflicting advice and confusion. From RRSPs to stock market strategies, many so-called "expert" recommendations are shaped by sales incentives rather than your best interest. This course challenges the conventional wisdom and helps you uncover the unbiased truths about what it really takes to retire comfortably.

Led by financial author David Trahair, this course is designed to help you separate fact from fiction and avoid costly mistakes. You'll walk away with a clearer understanding of retirement planning based on objective insights—not sales pitches—so you can make smart, informed decisions for your financial future.

Course Content

9 activities • 51 videos • duration: 2h 4m

remove
Introduction-Part15 videos • 10 min
  • videocam1. Intro
    Duration 4:04
  • videocam2. The Myths
    Duration 0:23
  • videocam3. Learning Outcomes
    Duration 0:41
  • videocam4. The Spreadsheets
    Duration 1:19
  • videocam5. Personal Finances: Why do people simply believe what they are told?
    Duration 4:06
add
Myth 1. If I had $1,000,000 I Could Retire-Part110 videos • 25 min
add
Myth 2. RRSPs, IRAs and 401(k)s are the Holy Grail of Retirement-Part19 videos • 20 min
add
Myth 3. Don't worry about your investments; you'll be fine in the long run-Part16 videos • 10 min
add
Myth 4. Income taxes are the enemy-Part11 videos • 3 min
add
Myth 5. Buy Permanent Life Insurance to Secure Your Financial Future-Part17 videos • 16 min
add
The Retirement Optimizer-Part110 videos • 24 min
add
Behavioral economics-Part12 videos • 12 min
add
Conclusion-Part11 videos • 0 min

Your Instructor

David Trahair

Acclaimed Author and On-demand Course Developer

menu_book39 courses
star13,044 reviews

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.

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 out of 5
Student's Choice
435 reviews
  • JS
    Joanne S.
    starstarstarstarstar

    Great content and resources. Thanks Dave. I enjoy all your courses.

  • GD
    Gordon D.
    starstarstarstarstar

    Excellent presenter and I liked the spreadsheets. An updated version would be good as it is now seven years old. Also delete US content.

  • SH
    Sheila H.
    starstarstarstarstar

    Nice that instructor shares spreadsheets

  • BN
    Bruce N.
    starstarstarstarstar

    Well presented by David, clear with good examples and practical ideas with helpful spreadsheets.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 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.

You May Also Like

  • Ethics: Business Ethics

    2026 Ethics and Corporate Compliance

    starRated5.0out of 5,(556 reviews)
    2 CPD hrs
  • Finance: Budgeting & Financial Forecasting

    Critical Skills for CFOs & Controllers: Budgeting & Forecasting Strategies for Today’s World

    starRated5.0out of 5,(113 reviews)
    2.5 CPD hrs
  • Accounting & Tax: Technology for Accountants

    Claude Fundamentals for Accountants (2026 Update)

    starRated5.0out of 5,(646 reviews)
    2.5 CPD hrs