https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9 Made with a creative frenzy en-us 2020-11-29 00:29:06 UTC 2025-12-11 20:22:58 UTC hello@padlet.com kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967637298 Throughout my Padlet you will find many educational resources including websites, videos, and some informational images about retirement and financial security. This Padlet will inform you about how to prepare for retirement and when you should start taking action. It will also provided some options you have when it comes to planning your retirement.]]> 2020-11-29 00:32:23 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967637298 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967640415 This website gives the reader a brief overview of what they need to take into account before they start planning their retirement and after they start planning their retirement. Some of the main things you must take into account are; determining your time horizon (how much time you have to meet your goals) and assessing your personal risk tolerance (how much risk are you willing to take?) ]]> 2020-11-29 00:38:16 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967640415 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967646955 This image shows how many other aspects of life relate to retirement planning and what those aspects are. It shows how all the pieces fit together to plan your retirement.]]> 2020-11-29 00:50:05 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967646955 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967649484 This website explains and goes into depth about the pillars of retirement and the significance they each have in relation to your retirement. It goes over healthcare plans and what it means to choose the right plan for you when you retire. It also goes over things like; long-term care options, tax planning, and successful aging. These are all pillars of retirement and they all should be considered when planning your retirement.]]> 2020-11-29 00:55:03 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967649484 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967652434 This video explains why you should start planning your retirement earlier rather than later in life and discusses some of the common misconceptions about retirement planning such as "you need a lot of money to start making a lot of money". This video explains this simply isn't true and you can start retirement planning with no money and at an early age (not too early of course).]]> 2020-11-29 01:00:20 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967652434 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967655748 This video goes over some important things to know about retirement investing, including the differences from your employment retirement plans and self directed plans and explains how each one is beneficial and how they are not. This will help give you some insight to which type of plan you may choose when you start to plan for your retirement. ]]> 2020-11-29 01:06:53 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967655748 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967660184 In this image you can see some statistics about Canadians and there retirement plan choices. As you can see over 1/3 of Canadians do not have any savings for retirement between the ages of 45 - 64.]]> 2020-11-29 01:16:20 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967660184 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967661656 This video breaks down the reasons why Canadians are stressed about their future and their life after retirement. In this video, they go in depth about the 3 reasons why a lot of people feel stressed about retirement. These reasons are; 1) They never think about retirement planning, 2) They have no clear financial strategy, and 3) They focus on assets but not income.]]> 2020-11-29 01:19:14 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967661656 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967664971 This website looks in depth about the different retirement savings plans you have at your disposal and looks at the different brokerage systems you have to chose from when you start saving and investing for retirement. This website also offers some thoughts about combining multiple plans together to form one big plan to enable you to live life after retirement quite comfortably.]]> 2020-11-29 01:26:15 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967664971 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967668007 This video goes over the 3 most common mistakes Canadians make when planning their retirement and it explains why they are mistakes and how you should avoid them. This video also explains why these mistakes occur and it is simply because most retirement plans take on a "cookie cutter" approach, meaning they are understood as universal to all situations and factors. This is far from the truth.]]> 2020-11-29 01:32:00 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967668007 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967671675 This next website goes over eight of the core strategies to ensure you are financially stable after retirement. It is stated that you may not have the opportunity to use all eight of these strategies, but it is advised that you try and use as many as you can when making a plan to create the financial security you want during retirement. These "vehicles" include but is not limited to; Tax free savings accounts, Canadian pension plans, and Old age security. ]]> 2020-11-29 01:39:10 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967671675 kyle_woodland https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967674963 Q) What did you learn about your topic that surprised you the most?
A) I think the thing that surprised me the most about retirement plans and financial security was that we should start planning for retirement soon. Between our mid to late 20's. This came as a shock to me because I have no started to think of myself as an "adult" per say, let alone plan for my retirement.

Q) Provide a real life example of how this topic is relevant or interesting to you.
A) This topic is relevant to me because my parents plan to retire in the next 4 years, but have yet to create a solid retirement plan. Their plan so far is to sell and move back to Newfoundland. Now with my newly acquired knowledge of retirement planning, I can suggest some things for them to consider and look into.

Q) If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?
A) I believe the most important thing to pass on is to START RIGHT NOW. There is no time like the present and we can not get back lost time. It is imperative to start planning as soon as possible to ensure you have enough time to meet all of your goals and expectations before heading into retirement.]]> 2020-11-29 01:45:58 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/967674963 harpreetkochhar1 https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/992211939 2020-12-06 21:38:06 UTC https://padlet.com/kyle_woodland/j4qhwmqiokjy2va9/wish/992211939