People today are stressed out about retirement. With the mortgage, car payments, the kids’ education and credit card bills there never seems to be enough to pay the current bills let alone save thousands in RRSPs. At the same time, we are told over and over again by the large financial institutions and the people who sell their products that we must stash away millions of dollars by maximizing our RRSP contributions no matter what or we’ll face a retirement full of despair. But Enough Bull blows apart that conventional wisdom and reveals how Canadians are being led down the path to financial ruin by most conventional financial planning. David Trahair offers a message of hope for average, cash-strapped Canadians: You can retire comfortably, and likely on far less money that the financial industry and advisors would have you believe. And he shows you how. In Enough Bull, he explains step-by-step how people can secure a comfortable retirement without risk. It does not require you to be good at math. It does not require you to trust the stock market, invest in mutual funds that pay high fees to advisors or even to start saving early. In fact, it is so simple you could even follow it without an investment advisor. And here is something investment advisors are really going to hate: Trahair shows clearly that a comfortable retirement is within reach even if people start as late as five years before retirement. This book details a simple strategy that ignores conventional wisdom. It will point out all the traps to avoid and explain in plain English why literally doing the exact opposite of what we have been told for years will leave you much further ahead while reducing the risk of losing your hard-earned money.
Book Details:
- Author: David Trahair
- ISBN: 9780470675748
- Year Published: 2009
- Pages: 224
- BISAC: BUS050040, BUSINESS & ECONOMICS/Personal Finance / Retirement Planning
About the Book and Topic:
People today are stressed out about retirement. With the mortgage, car payments, the kids’ education and credit card bills there never seems to be enough to pay the current bills let alone save thousands in RRSPs. At the same time, we are told over and over again by the large financial institutions and the people who sell their products that we must stash away millions of dollars by maximizing our RRSP contributions no matter what or we’ll face a retirement full of despair. But Enough Bull blows apart that conventional wisdom and reveals how Canadians are being led down the path to financial ruin by most conventional financial planning. David Trahair offers a message of hope for average, cash-strapped Canadians: You can retire comfortably, and likely on far less money that the financial industry and advisors would have you believe. And he shows you how. In Enough Bull, he explains step-by-step how people can secure a comfortable retirement without risk. It does not require you to be good at math. It does not require you to trust the stock market, invest in mutual funds that pay high fees to advisors or even to start saving early. In fact, it is so simple you could even follow it without an investment advisor. And here is something investment advisors are really going to hate: Trahair shows clearly that a comfortable retirement is within reach even if people start as late as five years before retirement. This book details a simple strategy that ignores conventional wisdom. It will point out all the traps to avoid and explain in plain English why literally doing the exact opposite of what we have been told for years will leave you much further ahead while reducing the risk of losing your hard-earned money.
Author Platform: Well known to the media as a contrarian, Trahair is regularly called upon to provide a quote from “the other” point of view. He has given over 75 print, radio and TV media interviews over the last four years, largely spurred by the release of his previous book, Smoke and Mirrors. His appearances have included CTV News, CityTV, Global News, CBC Radio One, The Globe and Mail, the Toronto Star and the Toronto Sun. He also speaks or delivers half-day courses regularly to groups such as the Certified Managements Association of Ontario (CMA Ontario), CMA chapters in Toronto, Windsor and London, and the Institute of Chartered Accountants of Ontario (ICAO), to which he belongs. Contrarian and Controversial: Trahair overturns the conventional wisdom about retirement planning, even going as far as asserting that Canadians are being led down the path to financial ruin by the traditional advice proffered by the financial industry and institutions. A Message of Hope for Average Canadians: The book’s advice – you can start to save for retirement later, retire comfortably on less money, and incur less risk – will be a comfort to many Canadians who are anxious about their retirement and having enough money to fund it. Simple, Sound Advice: Trahair offers a clear and simple plan for reducing the risk of personal financial disaster and planning for a comfortable retirement, even if you so start saving for it late.
About the Author
David Trahair is a Chartered Accountant who operates as a sole-proprietor, offering a broad range of accounting and tax services to a variety of businesses and individuals. Prior to opening his own public accounting practice, he worked for the firm of Clarkson Gordon (now Ernst he spent several years in two multi-national companies in various finance-related functions; then became part of a public accounting partnership before going out on his own. Trahair belongs to the Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants of Ontario. He is a frequent speaker, appears regularly in the media, contributes regularly to financial publications, and is the author of the bestseller Smoke and Mirrors, which sold over 30,000 copies in five editions. He has also been a director of Credit Canada, a non-profit organization dedicated to helping people deal with credit problems, for the last four years.