Learning Partner

Advanced Retirement Income Planning (2020 Edition)


  • CFP® and QAFP® certificants: This course qualifies for 8 CE credits as accredited by FP Canada Standards Council in the Financial Planning category.
  • Life Agents (provincial requirements): 8 hours in ON; SK (subject to a maximum of 5 in non-insurance subjects)
  • CPAs: 8 verifiable CPD hours
  • CLUs: Not Institute accredited, but will likely qualify for 8 Institute-approved Professional Development credits. See What's the difference?

FORMAT: Course Notes in PDF format (print them or read them online) and an online Quiz. 

COURSE DESCRIPTION: Your client is about to retire and needs to draw a specified amount from his savings each year to be able to maintain his lifestyle. Using conservative assumptions about the rate of return on his investments, inflation, life expectancy, etc., your firm’s retirement income calculator forecasts that the client has enough money to retire. The forecast assumes that the numbers you used hold true over the retiree’s lifetime - but how realistic is that?

Jim Otar’s course, Advanced Retirement Income Planning, explores the probability of a retirement income forecast going awry by applying over 100 years of market history to stress test the plan. You will learn how “aftcasting” can highlight vulnerabilities in your client’s retirement income plan, and help you make recommendations to provide a more secure retirement income.

The 2020 edition of this course has been expanded to include a Chapter on when and how the newly proposed advanced life deferred annuities (ALDAs) might be used to address vulnerabilities in a retirement income plan.

Jim is the author of “Unveiling the Retirement Myth” and has written many articles for Investment Executive, Advisor.ca, Canadian Money Saver, financialplanning.com, and more. His articles on retirement planning won him the prestigious CFP-Board Award in the United States two years in a row!

As a BONUS, when you successfully complete this course, you can receive the following by sending your Certificate of Completion to Jim:

  1. Jim's e-book “Unveiling the Retirement Myth”, valued at $9.99 at amazon.com
  2. The latest edition of Jim’s retirement calculator spreadsheet (simple version), valued at $9.99
  3. Jim's ALDA calculator spreadsheet, valued at $29.99

    NOTE: You have one year from time of purchase to complete this course.

    AUTHOR: Jim C. Otar

    PUBLISHED: October 2020

    FP Canada and the FP Canada CE logo are trademarks of FP Canada

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