Should You DIY Your Retirement Investments (EP 56)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedMany successful DIY investors feel confident managing their own portfolios during their working years, but retirement introduces a completely different set of financial challenges and decisions.In this episode of Retiring Canada, we break down the pros and cons of DIY investing in retirement and discuss when working with a full service advisory team may begin to add meaningful value.You will learn about the typical traits and concerns of retirement DIY investors, including tax efficient decumulation strategies, CPP and OAS timing, estate planning complexities, and retirement income design. We also discuss the major advantages of DIY investing such as lower costs and full control, along with several hidden risks that become increasingly important later in life.We also outline 10 things retirees should expect from a high quality advisory relationship, including tax planning, estate coordination, behavioral coaching, personalized service, and long term retirement strategy integration.This episode is for DIY investors, retirees, and pre-retirees who want to better understand the tradeoffs between managing retirement independently and partnering with a professional advisory team. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!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✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca⁠Value of Personalized Advice⁠