Provincial Life Credits: 7 credits (BC, AB, SK, MB, ON)
Provincial A&S Credits: 7 credits in (BC, AB, SK, MB, ON)
CFP® Certificants: 7 credits (Financial Planning)
Institute Members: 7 credits
IIROC credits: 7 credits (Professional Development)
It will not come as any surprise that retirees worry about their money. Rightly so. They face a unique set of risks due to age and circumstances.
This course identifies seven significant threats to retirees and their income:
- Change to marital status;
- Unexpected expenses (including healthcare);
- Declining cognitive abilities;
- Sequence of returns.
We explore these risks — giving you background and analysis — and go on to provide useful risk management ideas and strategies.
You will find hard facts on the safe withdrawal rate for savings and how it translates into the lump-sum needed on retirement. You’ll learn shock therapy for the over-spender. And, you may learn some surprising information about the cost of healthcare for Canadians.
Focus on Retirement Risks gives you a wealth of meaningful and practical ideas and solutions for safeguarding retirement income.