Retirement Straight Talk With Paul & William

This week, Paul & William cover a wide range of tax planning strategies and ways to help you pay less taxes. Paul & William share practical advice and insights on how to optimize your tax planning efforts. They cover a wide range of topics, including tax-efficient investment strategies, retirement planning, estate planning, and more. If you have any feedback, questions, or topics you'd lik...

As we enter tax season, Paul & William discuss some of the most common high level tax planning mistakes that individuals often make. We will provide you with tips and strategies to help you avoid these pitfalls and ensure that you're not paying more than you need in taxes. This is a two-part episode- Next weeks episode will discuss more specific strategies you can implement to help lower your...

As humans, we're all victims of several different psychological biases that cause us to make irrational decisions. This week, Paul & William share their insights and real-life experiences in dealing with the biases that can lead investors astray. From the overconfidence bias to the confirmation bias, we will cover a range of psychological biases that can impact investment decisions. While it's...

This week, Paul & William dive into Individual Pension Plan's (IPPs), discussing the pros and cons and explaining how you can determine if it's beneficial to set one up for yourself and/or key employees. IPPs can offer huge benefits to business owners looking to build wealth and save for retirement outside of their business. The IPP offers the availability of massive tax deductions for your bu...

Join Paul & William as they dive in and explore 5 lessons learned from 2022. 2022 was a generationally bad year for investing. Stocks, bonds, and real estate all experienced steep declines leaving little place to hide. They share insights on the key factors that impacted the market, the successes and failures of various investment strategies, and the valuable lessons that can be applied. If yo...

If you're a business owner, it's important to make smart planning decisions to secure your financial future. Unfortunately, many business owners fall into common traps that can prevent them from achieving their goals. In our podcast, we explore these common mistakes and provide actionable insights to help you avoid them. Join us and ensure that all the hard work you put into your business doesn't...

We're getting close to the RRSP deadline, so this week, Paul & William break down everything RRSP related. They discuss common RRSP misconceptions and many little-known benefits that can make a huge difference. While RRSPs are a fantastic investment vehicle, they aren't for everyone. Paul & William review what situations they aren't appropriate for. If you have any feedback, questions, or...

This week, Paul & William discuss the unprecedented year that was 2022. 2022 was one of the worst years for the stock & bond markets in history. Why did this happen? And how does this affect your portfolio and long-term planning? Paul & William also look forward on what to expect in 2023, and what investors should be doing to position themselves for success. If you have any feedback, q...

This week, Paul & William review different ownership structures for joint assets like real estate and investment accounts. With proper planning, the right ownership structure could save you huge amounts of taxes and time. Before implementation, there are important considerations to factor in based on your specific situation. Please note that this a high level discussion and should not be consi...

On this week's episode, Paul & William break down dividend investing and how it affects the return of your portfolio. Dividend investing is one of the most popular styles out there. People love the feeling of getting cash for seemingly no work. A single-minded focus on dividends can lead to lower total returns for your portfolio and unnecessary taxation problems. If you have any feedback, ques...

Want to have continued clarity, and confidence in your financial situation? Do you want freedom and the ability to withstand all the unforeseen speedbumps that life inevitably throws at you? Retirement planning can help provide for all of this. But the work doesn't begin a couple of years before retirement.  On this week's episode, Paul & William discuss how retirement planning is a process th...

This week, Paul & William discuss GICs as an investment.  Today, GICs are being marketed with much more alluring sounding rates than in recent years. But there, are important factors to consider making GICs, not as attractive an investment as they appear on the surface. Paul & William analyze this and review what type of investor GICs make sense for and in what circumstances. If you have a...

2022 has been a terrible year for investors. Stocks, bonds and real estate have all seen significant declines.  Years like this can lead to very expensive and emotionally driven mistakes.    In this week's episode, Paul & William review what you should do to ensure you remain on track.  If you have any feedback, questions, or topics you'd like us to cover, send us an email at info@westendwealt...

In this week's episode, Paul & William review different tax planning strategies you should consider as we approach the end of the year. Tax planning is one of the most overlooked aspects of financial planning. Ignoring it can mean massive amounts of money needlessly lost to taxes.  Feel free to email us at info@westendwealth.com with any questions, feedback, or topics you'd like us to discuss...

On this week's episode, we outline and discuss four questions you need to ask before hiring a Financial Advisor.  Hiring an Advisor is a big decision. You need someone with the right skills, and temperament, and who shares similar values. Asking these questions will help you find the right Advisor, and provide the basis for a successful relationship. Feel free to email us at info@westendwealth.com...

This week, Paul & William discuss the concept of market timing. Is it possible to execute successfully? And how much of a difference can market timing make to your long-term financial well-being?  If you have any feedback, questions, or topics you'd like us to cover, send us an email at info@westendwealth.com The views and opinions expressed in this podcast may not necessarily reflect those of...

This week, Paul & William discuss the volatile year in the markets. Normally, bonds are able to reduce some of the volatility in a balanced portfolio when stock markets decline, but that hasn't been the case this year. Paul & William explain why this has happened, and also look ahead at the outlook for fixed-income investments, and how you should be positioning yourself moving forward.  If...