Where to Pull Your Money Out in Retirement: How to Make Your Money Last
You saved, invested, and planned, but now comes the real question: How do you actually use your money in retirement?In this episode of Retirement Straight Talk, William and Paul break down the often-overlooked - but critical - concept of income sequencing: the order you draw from accounts like RRSPs, CPP, TFSAs, pensions, and corporate assets in retirement.You’ll learn:• A 5-step framework to build your personalized drawdown plan• The risks of generic advice (like “always delay CPP”)• Why RRIF shocks and OAS clawbacks catch retirees off guard• When the “RRSP meltdown” strategy makes sense - and when it backfiresª Real-world case studies that show how timing changes everythingWhether you’re 5 years from retirement or already drawing income, this episode will help you avoid costly mistakes and give you more peace of mind.🔔 Like, subscribe, and share! Have questions after today's episode? Let us help. Book a call: https://calendly.com/westendwealth/introcall?month=2025-10👉 Check out Our Free guide: “How to Build Your Dream Retirement Plan—and Avoid 7 Pitfalls That Can Derail It”: https://www.westendwealth.com/build-your-retirementTrademarks owned by Investment Planning Counsel Inc. and licensed to its subsidiary corporations. Investment Planning Counsel is a fully integrated wealth management company. Mutual funds available through IPC Investment Corporation and IPC Securities Corporation. Securities available through IPC Securities Corporation, a member of the Canadian Investor Protection Fund. Insurance products available through Tribar Financial Inc. Hosted on Acast. See acast.com/privacy for more information.
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Joint Ownership With Your Kids: Estate Planning Shortcut or Costly Mistake?
Thinking of adding your child to the ownership of your home, bank accounts, or investments to “make things easier”? This common estate planning shortcut could cost your family far more than you realize. In this episode of Retirement Straight Talk, William and Paul dive into: • What joint ownership really means (and why it's often misunderstood) • When it works and when it can cause major tax and legal issues • The surprising risk of losing control of your home • Real-life stories of family conflict, CRA penalties, and unintended fallout • Better alternatives: powers of attorney, trusts, clear documentation, and more This is one of those episodes that could save your family thousands and a whole lot of heartache. 🔔 Like, subscribe, and share! Have questions after today's episode? Let us help. Book a call: https://calendly.com/westendwealth/introcall?month=2025-09 👉 Check out Our Free guide: “How to Build Your Dream Retirement Plan—and Avoid 7 Pitfalls That Can Derail It”: https://www.westendwealth.com/build-your-retirement Trademarks owned by Investment Planning Counsel Inc. and licensed to its subsidiary corporations. Investment Planning Counsel is a fully integrated wealth management company. Mutual funds available through IPC Investment Corporation and IPC Securities Corporation. Securities available through IPC Securities Corporation, a member of the Canadian Investor Protection Fund. Insurance products available through Tribar Financial Inc. Hosted on Acast. See acast.com/privacy for more information.
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How to Choose A Financial Advisor And Not Get Burned
Not all advisors are created equal and picking the wrong one can cost you far more than a few bad investments. In this episode of Retirement Straight Talk, Paul and William break down what real financial advice should look like, how compensation models shape recommendations, and the red flags that should have you walking away. 🧠 What you’ll learn: • When you actually need an advisor (and when you don’t) • What good advisors really do (it’s more than returns) • Types of advisors & how they get paid • Key questions to ask before hiring • 7 red flags to never ignore • Why great advice often pays for itself Choosing the right advisor is one of the biggest financial decisions you’ll ever make. 🔔 Like, subscribe, and share! Have questions after today's episode? Let us help. Book a call: https://calendly.com/westendwealth/introcall?month=2025-09Trademarks owned by Investment Planning Counsel Inc. and licensed to its subsidiary corporations. Investment Planning Counsel is a fully integrated wealth management company. Mutual funds available through IPC Investment Corporation and IPC Securities Corporation. Securities available through IPC Securities Corporation, a member of the Canadian Investor Protection Fund. Insurance products available through Tribar Financial Inc. Hosted on Acast. See acast.com/privacy for more information.
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6 Retirement Risks That Could Derail Your Plans (And How to Avoid Them)
Retirement isn’t just about saving enough. It’s about avoiding the hidden risks that can quietly undo everything you’ve built.In this episode of Retirement Straight Talk, Paul and William unpack 6 retirement risks most Canadians miss and how to plan smarter so you can protect your freedom and peace of mind. What you’ll learn:• Why taxes may rise, not fall, in retirement - and what you can do about it• Why dividends can mislead you• Market timing almost always backfires• How playing it “safe” too early costs you later• How diversification is resilience• And why purpose is as vital as money👉 Protect your retirement. Download your free guide here: https://www.westendwealth.com/build-your-retirement🔔 Like, subscribe, and share! Have questions after today's episode? Book a call: https://calendly.com/westendwealth/introcall?month=2025-08“Trademarks owned by Investment Planning Counsel Inc. and licensed to its subsidiary corporations. Investment Planning Counsel is a fully integrated wealth management company. Mutual funds available through IPC Investment Corporation and IPC Securities Corporation. Securities available through IPC Securities Corporation, a member of the Canadian Investor Protection Fund. Insurance products available through Tribar Financial Inc. Hosted on Acast. See acast.com/privacy for more information.
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Six Ways Your Business Can Fail
Businesses rarely fail for lack of ambition. More often, it’s the hidden gaps in strategy that quietly lead to their downfall.In this episode, William and Paul share six strategic reasons even successful businesses fail. Plus, the two often-overlooked personal traits that can make or break you over the long run.You’ll learn:✅ The 6 most common strategic gaps that quietly put businesses at risk✅ Why passion and persistence matter just as much as your business plan✅ How to protect both your company and your personal financial futureDon't forget to check out our free guide: How to Build Your Dream Retirement Plan—and Avoid 7 Pitfalls That Can Derail It📥 Download here: https://www.westendwealth.com/build-your-retirement🔔 Like, subscribe, and share!Have questions after today's episode? Book a call: https://calendly.com/westendwealth/introcall?month=2025-07 Hosted on Acast. See acast.com/privacy for more information.
About Retirement Straight Talk With Paul & William
Welcome to Retirement Straight Talk with hosts Paul & William Barreca, the podcast tailored for the unique needs of Canadian Gen Xers. Paul is an award winning Wealth Advisor at West End Wealth Planning, IPC Securities Corporation, and celebrated radio personality, most recently as host of the Sunday Money Show on Newstalk 1010. William adds a fresh perspective to Paul's more than 3 decades of experience. In this podcast, we will break down and simplify complex financial topics relevant to Gen Xers. Join us as we inform and empower you with real facts so you can avoid common money mistakes and build a worry-free retirement. The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. Hosted on Acast. See acast.com/privacy for more information.
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