Financial Planning Wisdom
Don’t Let Today’s Headlines Wreck Your Retirement
Gas prices are up from about $1.30/litre to $1.75/litre across Canada this year. There is conflict in Iran. Markets are reacting to geopolitical uncertainty once again. So what should investors actually do during times like this? Should you move more conservative? Or is reacting emotionally what hurts investors most? In my latest video, podcast episode…
Read MoreMulti-Millionaire’s Dilemma: Stay in Stocks or Go Conservative After Retiring?
You’ve worked hard, built up a few million dollars, and now you’re seventy-five, retired, and staring at your portfolio wondering — do I really need to keep riding the stock market rollercoaster? Or is it finally time to play it safe? That’s the multi-millionaire’s dilemma, and it’s a lot more common than you might think.…
Read MoreNational Post article: How can an Ontario couple ensure their disabled son is taken care of after they die?
Planning for your own future is one thing. Planning for a child who may never be able to manage their own finances is something else entirely. That’s the situation one Ontario couple is facing. They’ve done what most people would consider “all the right things” — a will, savings, insurance, and government benefits, but they’re…
Read MoreHow to Live with Health & Vitality Past Age 100
Is it really possible to live with health & vitality past age 100? I am on a longevity journey to try to achieve it. In my latest video and blog post, I will explain what I have learned & experienced so far and why I believe humans routinely being healthy past 100 is in our…
Read MoreMost Inside article: Toronto-based Financial Planner Ed Rempel Debunks The Random Walk Theory
“The stock market is random.” That’s what Random Walk Theory suggests. But when you look at market history, the evidence tells a very different story. In periods of extreme market stress, something interesting often happens. Large losses are usually followed immediately by large gains. A few things investors often overlook: Markets may feel unpredictable in…
Read MoreBusiness News This Week article: Toronto Financial Advisor Ed Rempel on Exponential Thinking – How Major Wealth Happens
Most people misunderstand how wealth is actually created. Most people think about wealth linearly. Save a bit each year. Earn a few percent return. Gradually build your nest egg. But most major wealth actually happens exponentially. For example: $100,000 growing at 4% for 30 years becomes about $324,000. The same $100,000 growing at 10% becomes…
Read More100% Equities Through Retirement? What the Research Shows (Canadian Financial Summit 2025)
I recently presented at the Canadian Financial Summit on a topic that questions one of the foundations of conventional investment advice. Should investors really reduce their stock exposure as they age? The presentation was based on a newly published academic study titled: “Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice.” The study…
Read MoreNational Post article: Should Ottawa couple defer CPP and OAS if they retire early next year?
The National Post asked me to look at the retirement plan for Arnold, 56, and Heather, 60, an Ottawa couple hoping to retire as early as next year. They both have strong, inflation-indexed defined benefit pensions, but they’re not sure they’ll actually have the retirement they want if they stop working now. They’re also not…
Read MoreWhat Canadians Are Really Asking About Money Right Now
Today’s episode is a bit different from the usual format. I want to take some time to speak directly to you — to say thank you, to reflect on what you’ve been listening to most, and to ask for your input on what would be most helpful going forward. Recently, Unconventional Wisdom was listed near…
Read MoreRRSP/RRIF Meltdown Strategies Explained (Canadian Financial Summit 2025)
Ever wondered how you can get the money out of your RRSP with a minimum of tax? RRSP/RRIF Meltdown Strategies can allow you to withdraw from your RRSP or RRIF with little or no tax. However, there are some tricky complications, several options, and these strategies are not for everyone. In my latest video for…
Read More