In this podcast episode, hosts Joe Curry and Lindsay Wilson discuss common mistakes in retirement planning, cautioning against relying solely on advice from friends and family who may lack expertise in financial matters. They emphasize the importance of seeking professional guidance tailored to one's unique situation, highlighting scenarios such as CPP payment timing and asset allocation during market downturns.

The hosts stress the necessity of comprehensive planning, including considerations of retirement income sources, tax strategies, risk management, and estate planning. They advocate for conducting a "dress rehearsal" for retirement expenses and budgeting for potential cost increases in future projects or expenses, underscoring the multifaceted nature of retirement preparation and the need for careful analysis and professional assistance.

Read the full show notes and find more information here: EP 81 Show Notes