Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started

Many DIY investors do an excellent job building wealth during their working years. But retirement introduces a new set of challenges that go far beyond choosing investments and managing a portfolio.

In this episode of Retiring Canada, we discuss the five most common retirement planning mistakes we see DIY investors make as they approach retirement.

You will learn how overconfidence can create blind spots, why dividend focused portfolios may not be as efficient as many retirees believe, and how excessive cash holdings can quietly impact long term retirement outcomes. We also discuss retirement income planning, tax efficient withdrawal strategies, decumulation planning, any why many successful investors wait too long to seek professional advice.

We also compare fee-based and fee-only financial planning models, outlining the strengths, tradeoffs and ideal use cases for each approach so you can better understand which model aligns with your retirement goals.

This episode is for DIY investors, retirees and pre-retirees who want to better understand the retirement planning gaps that can emerge when managing retirement independently and how to avoid costly mistakes along the way.

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EPISODE RESOURCES:

📊 Work with Michael: https://fundamentalwealth.ca/get-started

💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter

👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide

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🌐 Retiring Canada Website: https://www.retiringcanada.ca