Unpacked & Empowered Podcast by Marianne Agudo16 Sep

EP 31: What Will Your Retirement Really Look Like? The Things You Can Control

What do you actually want your retirement to look like? For me, it's not just about having a certain amount of money saved. I imagine simple walks with my husband, travelling, spending time with our children and grandchildren, and having the freedom to enjoy life without being financially dependent on our kids. But getting there involves thinking about both the things we can control and the things we can't. In this episode of Unpacked & Empowered Finances, I share some of the retirement-planning questions I've been thinking about as I continue my financial planning education especially as someone who started building my financial life in Canada later than I originally expected.

We talk about:

• Why your vision for retirement matters

• The amount you save and how your spending habits can affect your goals

• Thinking about when you want to retire • What you want your time to look like in retirement

• Health and longevity as factors we can't fully control

• How economic changes and job loss can affect a family's financial plans

• Investment performance and the role of emotions and consistency

• Why starting later doesn't mean you should give up on planning

• Questions you can ask yourself today to create more options for your future self

One simple exercise from this episode: look back at your last 30 days of spending. Not to judge yourself, but to ask: "If I keep spending this way, will I still be able to save for the things that matter to me?"

Retirement planning doesn't have to start with having all the answers. Sometimes, it starts with imagining the life you want and identifying the things you can begin working on today.

Disclaimer: This podcast is for general educational and informational purposes only. It is not personalized financial and investment advice.

Follow me on Instagram @marianneagudo.nb

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(45)

EP 32: You Know What to Do. So Why Aren't You Doing It? The Identity Gap Explained

You know exactly what you need to do financially. You've read the articles. You understand the strategy. But something keeps you from actually doing it. In this episode, I sit down with Myles Daniel, ...

24 Sep 32min

What To Do When You're 10 Years From Retirement (Canadian Guide)

You're picking a retirement number from thin air. Here's why that's a problem. Most Canadians decide they need "$1 million" or "$1.5 million" to retire without ever doing the math. In this conversatio...

31 Aug 28min

Money Stories: Why Your Childhood Beliefs Are Costing You Thousands in Growth | EP 29

Your Money Story is Holding You Back. Here's How to Change It. Do you know where your beliefs about money come from? Research shows your core money beliefs are formed by age seven and most of us inher...

12 Aug 33min

Mid-Summer Money Reset: A No-Guilt Financial Check-In for Busy Moms

Summer moves fast - swim lessons, beach trips, gas, and spontaneous ice cream stops! In this episode, we walk through a simple, no-guilt mid-year financial check-in: reviewing cash flow, auditing subs...

23 Jul 9min

Why You Keep Putting Off Money Decisions

If you're planning a big financial goal but keep putting it off, this episode is for you. In this episode, I break down the 4 most common reasons why people delay important money decisions and how to ...

15 Jul 3min

I Lost My Father at Five - Here's How It Shaped My Career in Financial Security

This episode is a little different. For once, I'm not the one asking the questions — my colleague and mentor Greg Keith, CFP, Senior Advisor at Wealth Plan Atlantic, is turning the mic on me. I talk ...

19 Jun 29min

Understanding Financial Planning: Tax System, Accounts, and Insurance with 16-Year Advisor Jeff Scammell | EP 25

Have you ever wondered how the Canadian tax system actually works? Why are two incomes sometimes complicated? What's the real difference between a TFSA and RRSP for YOUR situation? This episode provi...

5 Jun 23min