February 2023 – The Ride: Life, Work and Wealth

Preparing For Taxes in Retirement, Part 1 (Ep. 64)

By theridelifeworkandwealth | February 22, 2023

Taxes can have a much bigger impact on your retirement planning than first assumed. It is important to take a dive into your portfolio and understand how the different sources of income in retirement, government and personal can go into your planning process.

In this episode, Kris Dureau discusses a number of ways you can understand these income sources and plan for the tax implications you might have to deal with these. Through planning ahead, you can set yourself up to retire with ease and have no fear of losing a generous amount of your assets to taxes.

Kris discusses:

Most common types of retirement income and the tax challenges they present
How you can get further in-depth advice based on your personal circumstances
Retirement income basics
The three buckets of retirement income for Canadians and how they all play into your portfolio
And more

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The End of Life Checklist (Ep. 63)

By theridelifeworkandwealth | February 8, 2023

In our last episode, we sat down with the Caring Hearts Support Network to discuss all things grief and the support they made available for those people going through these tough times.

In this episode, we are going to unpack what you can do to prepare for uncertain times and what exactly should be on your end-of-life checklist. Whether you are creating your own or understanding the details of this plan for a loved one, it is important to understand where all of this information is as well as how you can use it to seamlessly transition into your next stage of life.

Kris discusses:

The importance of communicating to your family members where your will is and when was the last time you updated it
Some important life changes that should encourage you to update your will
How life insurance comes into play during someone’s death (not all life insurance policies are the same)
How you should be picking your power of attorney
The benefits of having a wealth organizer
And more

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