This course will be particularly valuable to financial practitioners who have advice on retirement planning.
Topics covered are:
• market history and retirement, • common myths and pitfalls in retirement planning • the impact of luck on retirement math • contributors of luck factor: sequence of returns, inflation, reverse-dollar-cost-averaging • the impact of asset allocation strategies, withdrawal strategies • math of loss, time to recover • optimum asset allocation • purpose-driven sustainable withdrawal rates and stress test • the zone strategy • how much income is enough, how do you determine if savings are insufficient, sufficient, or abundant • income from other sources, such as CPP, OAS, SPP, annuities • epilogue: five-year checkup
The course covers everything you need to know about the math of retirement income. After completing this course, you will have a better understanding of retirement concerns and the proper tools necessary to plan for retirement.