Ep 21 Recession Proof Your Retirement Savings
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Are you navigating the complexities of planning your retirement amidst today's economic uncertainties?
Whether you're nearing retirement or already enjoying your golden years, understanding how to effectively manage your Registered Retirement Income Fund (RIF) is crucial for financial security.
In this episode, we delve into actionable strategies to recession-proof your RIF. From high-interest savings ETFs to dividend-paying ETFs and real estate investment trusts (REITs), this episode offers invaluable insights into adapting your investment strategy to thrive in fluctuating markets. Join us as we uncover practical tips to safeguard your retirement income and make informed financial decisions for a brighter financial future.
Episode Highlights:
- Effectively managing Registered Retirement Income Fund (RIF) amid uncertainties of rising inflation, fluctuating interest rates, and market volatility.
- Importance of adapting investment strategy to thrive in uncertain economic times.
- Exploration of key strategies including high interest savings ETFs, guaranteed investment certificates (GICs), dividend-paying ETFs, and real estate investment trusts (REITs).
- Dividend-paying ETFs offer regular income and growth potential through dividends from equity investments.
- Risks associated with REIT investments
- The importance of aligning investments with individual risk tolerance and income needs.
And many more!
Stay Connected with Smart Wealth Podcast Hosts:
Brett Cranson: www.linkedin.com/in/brettcranson/
Omari Whyte: www.linkedin.com/in/omari-whyte/
LinkedIn Brett Cranson: linkedin.com/in/brettcranson
LinkedIn Omari Whyte: linkedin.com/in/omari-whyte
For business inquiries, please head over to
https://www.uptownwealthmanagement.com
https://www.familyfirstadvisors.ca
email:
brett.cranson@ipcsecurities.com
omari.whyte@familyfirstadvisors.ca
Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.
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