Planning for Early Retirement: Key Concepts for Financial Freedom
Table of Contents
1. Overview and Introduction
2. Financial Decision Making
Analytical tools
Types of return
The mathematics of finance
3. Credit, Debt and Cash Management
Fundamentals of credit
Types of credit
Securing credit
Debt management strategies
4. Insurance and Risk Management
Insurance basics
Life-insurance - term and permanent
Life insurance contracts and policy provisions
Disability insurance
Homeowners insurance
Automobile insurance
Insurance checklists
5. Canadian Retirement Accumulation Programs
Government sponsored pension plans -OAS and CPP
Employer sponsored registered pension plans -defined benefit and money purchase
Deferred profit-sharing plans
Registered retirement savings plans
Retiring allowances
Evaluating early retirement packages
6. Basic Economic Concepts
Supply and demand
Interest rates and yield curves
Inflation and unemployment
The business cycle
The Bank of Canada
Foreign exchange rates
7. Managing Investments: Drawing it All Together
Building an investment portfolio
Asset allocation and diversification
Risk and return relationships
Making investment choices
The industry life cycle
The mathematics of portfolio management
Ratios used to evaluate financial statements
8. Estate Planning
Objectives
Basic tools
Planning techniques
9. Retirement Lifestyle Choices and Snowbirding
Residency issues
Taxation issues
Health-care issues
Real estate issues
Immigration and citizenship issues
Vacation planning checklist
10. Strategies
11. Useful Websites
12. Index