Sign up to save your podcasts
Or
Share #54 — Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
#54 — Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More
Our guest this episode is Frederick Vettese — former Chief Actuary at Morneau Shepell (now Telus Health), longtime Globe & Mail columnist and one of Canada’s leading voices on retirement planning. Fred is also the author of four books on retirement, including the bestselling “Retirement Income for Life.”
In this episode, Dave and Frederick cover a wide range of retirement topics from why many Canadians may be more prepared than they think to how annuities can fit into a retirement income plan. They also discuss reverse mortgages, whether it makes sense to delay OAS, RRSP meltdown strategies and how thinking around withdrawals has evolved over time. Along the way, Frederick shares thoughtful perspectives on carrying a mortgage into retirement, gifting to adult children, universal life insurance and his own estate planning approach.
Whether you’re approaching retirement or simply want to better understand the key decisions that shape it, this episode is packed with practical insights and real-world advice from one of Canada’s top experts.
Show Notes
(00:00) Intro & Disclaimer
(00:55) Intro to Fred Vettese
(02:21) How Fred Comes Up With Writing Topics for The Globe & Mail
(04:30) Fred’s Career as an Actuary & Author
(06:45) Why Many Canadians Are Better Prepared for Retirement Than They Think
(10:31) Longevity Risk & the Case for Delaying CPP to 70
(12:15) The Role of Annuities in Retirement Income
(14:29) When Reverse Mortgages Make Sense
(16:32) Delaying CPP: Why Canadians Are Finally Coming Around
(18:47) Should You Also Delay OAS to Age 70?
(21:10) RRSP Meltdown Strategy & Income Smoothing
(23:20) How the Industry Shifted on RRSP Withdrawal Thinking
(25:27) Will People Get Married for the Financial Benefits in Retirement?
(27:12) Insurance Products: Universal Life & When They Make Sense
(29:38) Carrying a Mortgage Into Retirement
(31:13) Gifting Money to Adult Children & The Risk to Your Own Retirement
(34:02) Fred’s Own Estate Planning & Will Strategy
(35:43) Fred’s Personal Investment Mistakes & Lessons
(39:31) How the Financial Advice Industry Has Improved
(41:10) Some Grandparents are Upsizing
(42:14) Conclusion
View all episodes
By The Wealthy Barber Inc.
5
44 ratings
Our guest this episode is Frederick Vettese — former Chief Actuary at Morneau Shepell (now Telus Health), longtime Globe & Mail columnist and one of Canada’s leading voices on retirement planning. Fred is also the author of four books on retirement, including the bestselling “Retirement Income for Life.”
In this episode, Dave and Frederick cover a wide range of retirement topics from why many Canadians may be more prepared than they think to how annuities can fit into a retirement income plan. They also discuss reverse mortgages, whether it makes sense to delay OAS, RRSP meltdown strategies and how thinking around withdrawals has evolved over time. Along the way, Frederick shares thoughtful perspectives on carrying a mortgage into retirement, gifting to adult children, universal life insurance and his own estate planning approach.
Whether you’re approaching retirement or simply want to better understand the key decisions that shape it, this episode is packed with practical insights and real-world advice from one of Canada’s top experts.
Show Notes
(00:00) Intro & Disclaimer
(00:55) Intro to Fred Vettese
(02:21) How Fred Comes Up With Writing Topics for The Globe & Mail
(04:30) Fred’s Career as an Actuary & Author
(06:45) Why Many Canadians Are Better Prepared for Retirement Than They Think
(10:31) Longevity Risk & the Case for Delaying CPP to 70
(12:15) The Role of Annuities in Retirement Income
(14:29) When Reverse Mortgages Make Sense
(16:32) Delaying CPP: Why Canadians Are Finally Coming Around
(18:47) Should You Also Delay OAS to Age 70?
(21:10) RRSP Meltdown Strategy & Income Smoothing
(23:20) How the Industry Shifted on RRSP Withdrawal Thinking
(25:27) Will People Get Married for the Financial Benefits in Retirement?
(27:12) Insurance Products: Universal Life & When They Make Sense
(29:38) Carrying a Mortgage Into Retirement
(31:13) Gifting Money to Adult Children & The Risk to Your Own Retirement
(34:02) Fred’s Own Estate Planning & Will Strategy
(35:43) Fred’s Personal Investment Mistakes & Lessons
(39:31) How the Financial Advice Industry Has Improved
(41:10) Some Grandparents are Upsizing
(42:14) Conclusion
More shows like The Wealthy Barber Podcast
View all
Build Wealth Canada Podcast
14 Listeners
Michael Campbell's Money Talks
76 Listeners
At Issue
112 Listeners
The Big Story
87 Listeners
The Rational Reminder Podcast
472 Listeners
Front Burner
458 Listeners
Cost of Living
27 Listeners
The Bridge with Peter Mansbridge
273 Listeners
The Dose
92 Listeners
The Canadian Investor
82 Listeners
The Decibel
116 Listeners
Angry Mortgage
12 Listeners
The Canadian Real Estate Investor
30 Listeners
The Loonie Hour
10 Listeners
In the Money with Amber Kanwar
20 Listeners