What is Findependence? An interview with a financial columnist, blogger and author


What is Findependence and how did the term originate?
What’s the difference between Findependence and Retirement?
How about the difference between Findependence and Victory Lap
Retirement? How did that book come about?
What does Canada’s two-tiered retirement system mean?
How to pensionize a nest egg?
What is the role of annuities?
How to enhance retirement income, delay CPP or OAS?
What are the 4 stages of Retirement?

 

Jonathan Chevreau is a veteran financial columnist, blogger and author based in Toronto.

In 2014, he launched the Financial Independence Hub, aka FindependenceHub.com, which covers the topic from a North American perspective. It is aimed at both baby boomers and their children, the millennials.  The site has now published more than 1,000 blogs.

He published the financial novel Findependence Day in Canada (Power Publishers, 2008) and a US edition of Findependence Day in the United States (Trafford, 2013, also on Kindle).

Both books make a distinction between traditional “full-stop” retirement and the more useful term, Financial Independence, which the books contract to simply Findependence. In 2014, he also published two concise e-books (also in US and Canadian editions) that summarize the plot and the major financial lessons learned by the characters:  A Novel Approach to Financial Independence (Amazon.com).

Jon has also authored several books with traditional book publishers, including The Wealthy Boomer and several editions of Smart Funds, all published by Key Porter Books.

His latest book, co-authored with Mike Drak, is Victory Lap Retirement, was published this fall, and is available at Chapters Indigo and major independent book stores, or online at http://www.victorylapretirement.com/

He has a large Twitter following at @jonchevreau and uses most other major social media platforms.

What is Registered Disability Savings Plan (RDSP)? Who should have one?

-What is RDSP?
-What is Disability tax credit? Who can qualify? Who would get tax credit if the parents are divorced?
-How much money can a person contribute to RDSP?
-What is the difference between bonds and grants and how much are they?
-What bank can I open an RDSP with? What are the investment options?
-Who will be the owner of RDSP if the owner passes away?
-Can both parents be the owners of RDSP? Can the ownership be transferred to the child after s/he is an adult?
-How to use an RDSP?
-How much does it cost to open and maintain an RDSP?
-How to withdraw money from RDSP?

Steven Williams has 20 years experience in financial services, bookkeeping and accounting. Steven specializes in presenting and opening the Registered Disability Savings Plan (RDSP).
With a blended family that includes eight children, Steven proudly displays an entrepreneurial attitude evident in many Alberta business owners. True to his community roots, Steven volunteered for over 6 years on the McKenzie Towne Resident’s Association Board. Steven is also a dedicated plasma donor for Canadian Blood Services.

Email Steven at steven [AT] rdsplan.ca

Mutual Funds vs Segregated Funds vs ETFs, advantages and disadvantages of both

Topics discussed

-What are ETFs, mutual funds and segregated funds?
-What are the advantages and disadvantages to invest in them?
-What are the costs associated with each investment?
-Why does the media like ETFs?
-What are the tax implications of owning each of those investments in registered and non registered accounts?
-Who should or should not buy ETFs, mutual funds, segregated funds?

An interview with Richard Knowles – Sr. Associate and Independent Financial Advisor and Planner, Customplan Financial Advisors Inc.

About Richard Knowles:
As a multi-licensed and certified Financial Professional in Wealth and Risk Management and Financial Planning since 1994, Richard has been successfully shaping the financial well-being of individuals, incorporated professionals and executives and companies by successfully utilizing the most advanced areas of tax engineering, wealth creation, debt reduction and estate planning possible in the world today.