I'm A Single 65 Year Old With $500,000 — Can I Retire?
Parallel Wealth
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Helping simplify and educate Canadians on managing their financial affairs. Our goal with this channel is to help everyone – regardless of age and stage of life – reach the next level of financial freedom. 2nd Channel: https://www.youtube.com/@ParallelWealthMoneyMastery ABOUT US: Parallel Wealth Financial Group Inc. has been helping Canadians with their Financial, Retirement and Estate Planning since 2006. We have office in BC, Alberta and Ontario - but help Canadians Coast to Coast. DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Our Advisor, Planners and guests are not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Parallel Wealth is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.
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Learn more about our services at https://www.parallelwealth.com/planning What does retirement really look like for a single 65 year-old with $500,000? In this video, we’ll go through a real-life case study and show our planning process that allowed this individual to retire comfortably. If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services: ➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning ➡️Retirement Income Program™: https://www.parallelwealth.com/investments ➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education Additional 3rd Party Links and Resources: 🔗Retirement Income for Life: Getting More without Saving More (Second Edition): https://amzn.to/3tvIdVN 🔗Free Credit Report with Borrowell: https://bit.ly/borrowellPWFG 🔗CPP Calculator: https://research-tools.pwlcapital.com/research/cpp The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each product and service we provide links to. DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes. The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content. TIMESTAMPS: 0:00 - Intro 0:26 - Default scenario 3:37 - CPP at 70 with no planning 5:44 - CPP at 70 with proper planning 6:49 - Key ideas
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