Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode of the Canadian Money Roadmap Podcast, host Evan Neufeld shares his personal journey to becoming a certified financial planner at an independent investment firm in Canada. Evan discusses his edu…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In today's episode, we're tackling one of the biggest challenges pre-retirees face: accurately calculating their retirement income needs. Many people underestimate their expenses, leading to potential shortfall…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode of the Canadian Money Roadmap Podcast, Evan Neufeld addresses a wide range of listener questions. Topics covered include understanding capital gains on property sales, taxation of CPP payments, …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Can You Retire at 55 in Canada with $500,000? Watch this episode on YouTube In this special Tuesday edition of the Canadian Money Roadmap Podcast, host Evan Neufeld shares the audio from his recent YouTube vide…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode I explore why a significant number of investment funds fail to outperform their benchmarks (let alone survive for the long term). This episode breaks down the critical factors of high fees and h…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode, I introduce my new Fan Mail feature where you can text me your questions. Depending on the questions I receive, I might be able to feature it in a future episode! Click on the link above the de…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Gain a clear understanding of trusts and how they can be leveraged for estate planning with tax expert Amanda Doucette, my insightful guest and fellow podcaster from The Tax Chick. We take the mystery out of tr…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) On this week's episode, I was delighted to be a guest on Amanda Doucette's The Tax Chick Podcast to talk about all things Tax-Free Savings Accounts (TFSAs). As we delve into the nuanced world of TFSAs, you'll g…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Could the financial strategies that appear flawless on paper be leading us astray in the real world? We're peeling back the layers of investment principles to reveal why some inefficiencies might just be your p…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) This week I'm joined by Mark McGrath as we dig into segregated funds. These investment vehicles blend mutual funds with insurance and offer unique guarantees but….. the benefits to investors are less clear. We …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) The stock market has looked great recently! Is it time to take some money off the table? In this episode, I walk you through the considerations you need to make to decide whether it is time to sell or stay the …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) This week, I'm tackling a few topics that were popular on Reddit over the last month. 1. What should you use for return assumptions in your planning? 2. Becoming a TFSA multi-millionaire 3. What should be your …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this week's episode we walk through the two phases of your RRSP: accumulation (RRSP) and spending (RRIF).By Evan Neufeld, CFP®

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) If you could split your income with your spouse, there is a pretty good chance you could drastically reduce your tax bill. In this episode, I show you how that will be possible for you in your retirement years.…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) This episode comes from The Canadian Money Roadmap YouTube channel from a video I posted on March 8 2024. If you want more content like what you find here on the podcast, the YouTube channel is the place for yo…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) **I usually keep my episode descriptions pretty minimal but this AI generated description was too flavourful to keep to myself. Enjoy.** Ever find yourself marveling at grandma's mouthwatering dishes, only to d…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode I will discuss the ideas of "safe" investments and how risk can be viewed differently depending on your perspective.By Evan Neufeld, CFP®

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In our conversation we discuss the concepts of the Financial Independence Retire Early (FIRE) movement. If you're wanting to pursue FIRE for yourself, we go over a few challenges you might run into and things t…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Unlock the full potential of your retirement savings with our latest episode, where we unravel the power of spousal RRSPs. As the RRSP deadline looms, we delve into strategies that not only prepare you for a st…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode I walk you through the benefits of registering for your CRA My Account. It is an incredibly useful tool for understanding your tax situation and finding tax slips all in one place. I would highl…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Today, I'm joined by Aravind Sithamparapillai to discuss financial planning for people with variable incomes including sales professionals. Aravind has a wealth of personal experience in this area as a former m…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Welcome to Part 2 of my exploration of investing at "all time highs". This week, I'm looking into high valuations and what it means for investors nervous about investing when stocks are expensive.…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Have you ever felt uneasy about investing when the market is nearing all time highs? What if a crash happens or it declines right away? In this episode we look to history to help inform what investors should do…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) I don't like goals... I like processes and systems and rituals that will eventually lead to accomplishing goals. I just call them, Areas of Focus. In this episode, I will go through my personal areas of focus f…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode, I explore the Canada Child Benefit (CCB), a tax-free financial support for families. l lead off discussing who qualifies and how much you can receive before going over how household income affe…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Finishing off the year with a few of my top episodes of 2023! Thanks to all of you for being loyal listeners of the podcast. See you with some new episodes in 2024…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Finishing off the year with a few of my top episodes of 2023! Thanks to all of you for being loyal listeners of the podcast. See you with some new episodes in 2024…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Dealing with money topics with a partner can be stressful and particularly stressful for the person who is not the "money person" in the relationship. In this episode, I help outline a way that you can very sim…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) You might not want to hear it... but here are 7 inconvenient truths about investing: Low fees won't solve all your financial problems Any long term investment worth owning will go down at some point If you're p…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode, I'll discuss the new TFSA contribution limit for 2024 and why it might be a good idea to withdraw funds now if you're planning to use them early next year. We'll also look at the First Home Sav…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Are you well-armed against the 20 most common investing pitfalls? In this week's episode, I dive into the critical importance of setting reasonable expectations for returns, having clear investment goals, ensur…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Have you ever struggled with finding the perfect gift for that person in your life who seems to have everything? This week, fellow financial planner Jordan Arndt joins me to propose a unique and meaningful solu…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) November is Financial Literacy Month in Canada and this week's episode is dedicated to that! We talk about the importance and benefits of financial literacy and then walk you through a quiz to see where you'd l…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) November is Financial Literacy Month in Canada so this episode is a whirlwind tour through the big topics you need to know to master your money: 1. Cash flow 2. Budgeting 3. Taxes 4. Debt Management 5. Insuranc…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode, I walk through a real case study from clients of mine where I’m helping them prepare to make a $187,000 TFSA contribution. I use this real life example to explain some of the key TFSA concepts:…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this week's conversation with Jason Yee, we discuss all things related to the Canada Pension Plan (CPP). Jason helps unravel the diverse types of CPP benefits, eligibility rules, and how to leverage CPP's un…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) This week, I jumped onto Reddit to find a few topics that are top of mind for many Canadians. Here are the headlines for the posts I discuss on the episode: 1. So lost. Lost my high salary job. What do I do now…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Are you on the path of creating generational wealth, or perhaps in the throes of navigating a family business transition? If so, this episode holds keys to unlock some of your biggest challenges. I had the plea…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) How do perceptions, priorities, and goals shape retirement outlook for pre-retirees and retirees? And how does a written financial plan play into the picture? I am thrilled to dive into these intriguing questio…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Get ready for an enlightening journey into the world of behavioral finance with our special guest, Dr. Daniel Crosby. Not only is he a psychologist, but he's also a recognized expert in behavioral finance and t…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode, I review a few of the core ideas I share on this podcast about money. Many of you are new listeners so I want to give you an overview of some themes that you'll continue to hear from me going f…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Is 'free money' too good to be true? Allow us to clarify the often misunderstood world of dividend investing with my guest, Mark McGrath, a financial planner and investment advisor at PWL Capital. We're here to…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) It is so easy to spend countless hours learning about something without taking any action on it and financial topics are no exception. But the best way to learn something is to put down the books, podcasts and …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) I receive lots of emails from listeners asking questions but I rarely receive emails from 17 year olds trying to get a jump on their investing knowledge before turning 18! This episode goes over some of the ama…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) In this episode I lay out a simple 3 account strategy for managing your cash. It doesn't get much simpler than this! This approach will make sure you have cash set aside for monthly expenses, future expenses an…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Ever wondered how the cryptic language of finance can be decoded, specifically for Canadians? Looking to navigate the maze of tax-related terms and financial jargon? This episode will aid you in your quest. It'…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) I received a few questions after my last TFSA episode so I thought I would answer them for you here: 1. How do you invest in stocks in a TFSA? 2. What are the factors to consider between TFSA and RRSP for high …

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Better late than never! This episode goes through the first half of the year (ish) and how different stock markets around the world have performed. Next I explain why a viral TikTok video is completely wrong ab…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Ever wondered how two seemingly identical investments can lead to dramatically different outcomes? Ready to decode the mysteries of investment returns? Buckle up as we embark on an enlightening journey. We'll d…

Submit your comments or questions via text message (Evan CANNOT reply to your text but your question could be featured in a future episode) Imagine if you could transform a small monthly investment of $500 into a million-dollar nest egg for your retirement. Sounds unbelievable, right? Yet, that's exactly what we're exploring in this episode, where …