Tag: Financial Freedom
The Retirement Crisis Beyond Money: Purpose, Identity, and Life After Your Career (Ep. 71)

The Retirement Crisis Beyond Money: Purpose, Identity, and Life After Your Career (Ep. 71)

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You’ve spent decades building a career and preparing financially for retirement. 

But what happens when you’ve reached your number and still aren’t sure you’re ready to walk away?

In this episode of Prescribing Prosperity, John and Alex Soutsos explore the retirement challenges that extend far beyond investment balances and withdrawal strategies. They discuss why retirement is as much a psychological transition as a financial one, examining the loss of purpose, identity, routine, and relationships that many professionals experience after leaving their careers. 

They also explain why longevity, inflation, portfolio design, and thoughtful planning all play important roles in creating the freedom to enjoy retirement on your own terms instead of simply leaving the workforce.

Key takeaways:

  • How purpose and identity often become the biggest retirement challenges after a long career
  • Why financial independence doesn’t automatically make retiring the right decision
  • How longer life expectancy changes retirement planning and income needs
  • Why losing a spouse can create emotional and practical challenges later in retirement
  • How retirement planning should prepare you for both financial and personal transitions
  • And more!

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Navigating the Complexities of the Canadian Economy with Kim Moody (Ep 21)

Navigating the Complexities of the Canadian Economy with Kim Moody (Ep 21)

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Part one left off the conversation on taxation and policies with new questions to be answered. Discover even more answers to some of those new questions. 

John and Alex Soutsos sit down once more with celebrated CPA and Amazon bestselling author, Kim GC Moody. They delve into the recent unveiling of the Canadian budget, its implications on the economy, and particularly its impact on the healthcare sector and business owners across Canada.

John, Alex, and Kim discuss: 

  • The profound implications of the recent Canadian budget on professionals and business owners.
  • A deep dive into the capital gains inclusion rate debate and its potential repercussions.
  • The controversial aspects of governmental subsidies in sectors such as electric vehicle production.
  • Strategies and insights for financial planning amidst shifting economic policies.
  • And more

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About Our Guest: 

The antithesis of the status quo, Kim is driven to innovate new and better ways to do things for the clients he serves, the advancement of the firm, and other professionals in tax. His relentless obsession with getting to know everything in the Tax Act makes him a highly sought-out resource for peers and clients. In March 2020, Kim published his first book, Making Life Less Taxing: Pay Attention To Your Taxes So You Can Pay Less Tax and Build a Strong, Smarter Canada – an Amazon bestseller in a number of categories.

FEATURE
The Truth Behind Taxation Myths with Kim Moody (Ep. #20)

The Truth Behind Taxation Myths with Kim Moody (Ep. #20)

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Did you know that a pinch of tax wisdom and strategic investment could potentially transform your financial landscape?

In this episode, John and Alex Soutsos speak with Kim Moody, founder of Moody’s Private Client, to dissect the layers of Canada’s tax system and its competitiveness on the global stage. From the tales of individual taxpayers to the boardrooms of big corporations, gain unparalleled insights into how tax policies affect not only the wealthy but every Canadian citizen.

John, Alex, and Kim discuss: 

  • What are Canada’s corporate and personal tax rates, and how do they compare globally
  • What is the true narrative surrounding capital gains taxes and to what extent do they affect the average citizen 
  • How do tax policies influence consumer spending, corporate expansion, and international investment
  • What are the psychological and economic consequences of high taxation on Canadians and how does it influence their decisions
  • And more

Connect with Med-Wealth Financial Services: 

Connect with Kim Moody:

About Our Guest: 

The antithesis of the status quo, Kim is driven to innovate new and better ways to do things for the clients he serves, the advancement of the firm, and other professionals in tax. His relentless obsession with knowing everything in the Tax Act makes him a highly sought-out resource for peers and clients. In March 2020, Kim published his first book, Making Life Less Taxing: Pay Attention To Your Taxes So You Can Pay Less Tax and Build a Strong, Smarter Canada – an Amazon bestseller in a number of categories.

FEATURE
Navigating the Waves of Currency Exchange with Shael Stolberg and Jeffrey Dorfman (Ep 18)

Navigating the Waves of Currency Exchange with Shael Stolberg and Jeffrey Dorfman (Ep 18)

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Are you ready to navigate the complexities of foreign exchange risks and unlock the secrets behind savvy investment strategies in the film industry?

John and Alex Soutsos speak with Shael Stolberg and Jeffrey Dorfman of Global QFX Inc. as they unravel the intricacies of financial freedom and ambition. We explore the battleground of the foreign exchange market and its profound impact on investors and business owners alike.

John, Alex, Shael and Jeff discuss: 

  • Understand the hidden dangers and opportunities in foreign exchange risk.
  • Learn from the personal triumphs and insights of our esteemed guests.
  • Discover how the film industry leverages financial strategies for production success.
  • Gain expert advice on navigating market fluctuations and investment planning.
  • And more

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Connect with Shael Stolberg:

Connect with Jeffrey Dorfman:

About Our Guests: 

Shael Stolberg is a multi-dimensional business facilitator, producer and creative problem solver who has published three books, created and taught two college level courses and associate produced three feature films with more in development. At present, he is also helping businesses limit their exposure to fluctuations in the currency market, thereby protecting their budget and bottom line with a focus on the film business.

Jeffrey Dorfman, based in Toronto, ON, CA, is currently a Director at Global QFX Inc, bringing experience from previous roles at AXEPAY Inc. China Cross-Border RMB Services, KYC & AML Verifications, AFEX, GFX Partners Inc. and Bendix Foreign Exchange Corporation. Jeffrey Dorfman holds a The University of British Columbia.

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