What your financial advisor isn’t telling you

As Canadians pour billions of dollars into savings for their retirement, financial institutions and investment companies are fighting for a bigger share of your wallet. Their marketing departments are giving advice - but are they giving you the right advice? New Rules of Retirement debunks many of the myths perpetuated by the financial service industry and provides an insightful and unbiased approach to planning for your retirement. New Rules of Retirement explains how:

A successful retirement is about more than the money.
There are many paths to retirement – you need to be sure you are on the right one.
To calculate how much money you “really” need to retire.
To understand and manage the risks to your retirement security. Stock market risk is one of them – but not necessarily the biggest.
To focus on the investing process not the investment products.
To determine the role you should take in managing your investments.
To create a simple low-cost well-diversified portfolio likely to outperform most individual portfolios.
Retirement income can come from up to 7 different sources.
To get the most out of working with your investment advisor.
Health is not only the number one priority in retirement but number two and three as well.
The conflict of interest of investment advisors who get paid for the quantity of advice, and not the quality, costs the investor.
The future retiree will have more choices and options available for them but making the correct decision more challenging.

Who Should Buy The Book

Those Contemplating Retirement

Typically most people start creating a vision of their retirement about 5 to 15 years before they retire. Initial planning and retirement preparation start taking place. New Rules for Retirement will identify and allow you to evaluate the important decisions and options to be considered. It will ensure you are on the right track.

Those on the Cusp of Retirement

For individuals who are less than five years from retirement, planning and preparation activities intensify. Many important decisions have to be made, such where to retire, how to best transition into retirement, lifestyle choices and determining your retirement needs. New Rules for Retirement will help you set the proper priorities and ensure important decisions are made after evaluating all the options.

Those Recently Retired

Planning and preparing for retirement does not end on the day of retirement. Many recent retirees have another 30 years of life to plan for. It is important to understand how needs and concerns change as you age. In many cases, a retirees wealth begins to diminish from the day they retire. Investing their wealth with proper due diligence is very important because once you've stopped working, you cannot afford to make serious mistakes. New Rules for Retirement provides guidelines for managing your wealth and adjusting to your changing needs.

Investment Advisors and Financial Planners

People approaching retirement or in early retirement are generally the best clients for most financial advisors. New Rules for Retirement will provide valuable insight into the issues surrounding retirement. Greater understanding of the need and concerns of retirees enable advisors to provide better service to their best clients. It will also provide an excellent framework for developing valid financial plans and ensure than investment portfolios are managed properly.

Corporate and Government Human Resource Departments

As your employees start approaching retirement, they will make many important decisions, such as when to retire and how to transition into retirement while being sure that they will have enough funds to support themselves and their families. New Rules for Retirement can be another resources for you to provide to your employees to help them transition into a life after work.