TEAM will be offering a two-part webinar on topics related to personal financial and retirement planning, presented by certified financial planner, Darryl Robinson. The webinar is designed to assist members with VRTIP planning and is scheduled for Wednesday, March 12th and Thursday, March 13th, from 6:00pm to 9:00pm. You may attend either Part 1 or Part 2 or both – for optimum benefit, it is recommended that you attend both parts.
Here is a brief summary of the topics to be covered:
EVRTIP Part 1: Planning and Preparation (3 hrs)
- Review and assessment of your current situation
- “How much is enough?”
- Understanding your primary retirement income sources – Pension, CPP and OAS
- General tax planning and strategies
- RRSPs – Basics and Tips
EVRTIP Part 2: Implementation and Strategies (3 hrs)
- RRSPs – Retiring Allowances and VRTIP Planning
- Retirement income planning: RRIFs, TFSAs, Annuities and other sources
- Commuted value vs monthly pension overview
- General pension pointers
- Dealing with the investment community: Basics and Consumer Tips
To participate, you will need a device with internet access, a web browser, and speakers or headphones. The platform being used for the webinar is Microsoft Teams.
The webinar is open to all TEAM members to attend; however, as there is limited space, if interest exceeds capacity, preference will be given to signed members who did not attend the last sessions held in March 2024.
Important Note: TEAM is sponsoring the financial planning seminars to assist members in gaining a better understanding of the financial choices they face when planning for their retirement. The information is being shared for education purposes only, and must not be considered as investment advice. TEAM strongly recommends that members seek independent professional assistant, such as from a fee-for-service Certified Financial Planner, prior to making any significant financial moves, and in particular, where they are contemplating “cashing-out” their defined benefit pension.