Unconventional Wisdom

♦Retirement Tax Shock: Why Many Canadians Pay More Tax Than Expected♦ Most Canadians expect to be in a lower tax bracket in retirement. But many end up paying more tax than they expect. How do tax brackets change after age 65 and why can common assumptions about RRSPs and retirement income lead to higher lifetime taxes? Here are practical strategies to reduce tax over time, including how to use RRSPs, TFSAs, income timing and how to plan for a tax-efficient retirement. This might be a real eye opener for some people because I think a lot of people that do some basic tax planning are doing it all wrong. In my latest video, podcast episode, and blog post I'm going to give you tax planning made easy using tax brackets. Some basics of tax brackets, and briefly how tax planning is done, so you can get the concept. Then we're going to talk about why tax brackets for seniors are way different than you think – and how this completely changes tax planning. And how to plan for low tax through your retirement. You'll learn: Tax planning made easy using tax brackets. Why are tax brackets for seniors way different? What are the three main clawbacks on seniors? What are the actual effective tax brackets for seniors? How is tax planning very different with the actual effective tax brackets? Which is better for you - TFSA or RRSP? How can you plan for your retirement income to be taxed at only 22% or less? How does your financial plan become the GPS for your life?

The longevity movement is transforming how we think about aging—not as an inevitable decline, but as a challenge we can overcome with science, technology, and smart choices. Many experts believe we're on the cusp of dramatically extending healthy lifespans. I'm on a longevity and healthspan journey. I'm not an expert in longevity, but I'm continuously learning, and it's all exciting. I'm simply passing along some of what I've learned. I am, however, an expert in retirement planning. Living healthier for longer can have a huge impact on your retirement. What kind of life do you want if you remain healthy for decades longer? In my latest video, podcast episode, and blog post, you'll learn: Why science suggests we could add healthy decades to our lives within the next 10–20 years. How Peter Diamandis and the $101 million XPRIZE Healthspan are accelerating breakthroughs. The 9 key hallmarks of aging, with clear explanations and promising solutions. A close-up look at Lake Nona, Florida—a purpose-built longevity hub—and what it could mean for all of us. What we can do today to stay healthier for longer. An optimistic vision for a future of vibrant, extended healthspan.

Ever been terrified by those retirement calculators showing a scary chance of running out of money? That's Monte Carlo simulations at work—spinning wild "what-if" scenarios that often paint a doom-and-gloom picture far worse than reality. In my latest video, we'll debunk why most of these simulated failures could never happen in real life, how they push you toward boring bond-heavy portfolios that slash your retirement lifestyle by an average of 15-35% in annual spending, and why simply planning flexible actions during market dips is a game-changer for staying wealthy without the fearmongering. Ignore Monte Carlo panic porn for empowered planning. Focus on adaptability over probabilities. Retirement isn't about avoiding every storm—it's about sailing through them smarter. You will learn: What are Monte Carlo Simulations? Why most simulated failures are myths that can't happen in real life. Why the stock market is not a "random walk". How the solution of more bonds can make your retirement miserable. Why action plans for market downturns are a better solution. Why failures are not catastrophic – just temporary lifestyle adjustments. Retirement isn't about avoiding every storm—it's about sailing through them smarter.

What is the meaning of life? What truly makes it worth living? How can having a meaningful life help you become financially independent? It comes down to responsibility. Choosing what you want to be responsible for gives your life structure, direction and purpose. It's also the same mindset that can help you become financially independent. In my latest podcast episode you'll learn: What is the meaning of life? What makes life worth living? How do many people avoid taking responsibility for their life? How can having a meaningful life help you become financially independent? How can you become wealthy? If you've ever wondered how to align your deeper "why" with your financial success, this post is for you.

♦Go Big or Go Slow: Why 10x Wealth Is Easier Than 2x♦ This title may be hard to believe, but it is a common theme in coaching for small business entrepreneurs. The concept is from the popular book "10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less" by Dan Sullivan and Dr. Benjamin Hardy. Most of us think about incremental improvements in our lives, not dramatic life-changing improvements. That would require a completely different way of thinking. The 10X concept works for entrepreneurs. You can also use the 10X concept to dramatically improve your finances. In my latest podcast episode you'll learn: Why does this concept work for world class entrepreneurs? Stories of how and why it worked. Why can becoming 10 times wealthier be easier than 2 times? How can this idea be used for your finances? What specific concepts can give you 10X wealth? How can you figure out what 10X concepts might be right for you? This is a unique post that is a completely new way of thinking. It includes some insight into my mind and my life.