COVID-19 financial literacy: I’m retired. What now?

Trying to manage your investments and finances in retirement during the COVID-19 crisis? Get resources to help you do that successfully.

Managing on a fixed income can be a challenge. In the bull markets of the past, keeping a steady amount of cash on hand seemed unimportant but hindsight is always 20/20. The important thing is not to panic or sell off stocks at a loss. CPA Canada has curated expert advice and resources to help you manage what should be one of the best phases of your life.

Webinars

These webinars are made possible by the generous support of Canada Life, our national development sponsor.

Protecting yourself from fraud during COVID-19 
Get tips on how to protect yourself from fraudsters during this crisis

Coping with stress during COVID-19 
Learn how to take control of your stress during this uncontrollable time

Ten healthy habits to have during COVID-19 (French only)
Learn how the ten healthy habits of financial management will help you better manage your money during and after this crisis.

Podcasts

Mental wellness during a pandemic

Financial wellness and mental wellness are connected. It’s no secret that COVID-19 has left many individuals struggling mentally. Mary Ann Baynton, director of strategy and collaboration, Workplace Strategies for Mental Health, at Canada Life, helps us tackle these mental health hurdles by providing insight and strategies to take control in this uncertain time. This episode was recorded via Skype.

Apple Podcasts | Podbean | Google Podcasts | Spotify

Dealing with debt during a crisis

Debt can be debilitating. Add COVID-19 into the mix and the problem gets bigger for many. With an East-meets-West approach, this episode uncovers the debt situation in Canada as well as provides solutions to help combat this financial crisis. Join Sandy Lyons, CPA, CA, CIRP, LIT, senior manager, Licensed Insolvency Trustee at Grant Thornton Limited, Frank Fabiano, CPA, CA, CIRP, LIT, partner at Grant Thornton Limited and Robert Hunt, CIRP, LIT, managing partner at Grant Thornton Limited for an insightful conversation on dealing with debt during this difficult time. This episode was recorded via Skype.

Apple Podcasts | Podbean | Google Podcasts | Spotify

Tax in turbulent times

Tax season comes every year, but this year looks a bit different given the pandemic circumstances. In this episode, we talk all things tax with Fabio Bonanno, CPA, CA, principal, Taxation at CPA Canada, as he walks us through some of the government benefits available and what we need to know about tax during the COVID-19 crisis. This episode was recorded via Skype.

Apple Podcasts | Google Podcasts | PodBean | Spotify

Saving with volatile incomes

The pandemic has caused many to re-evaluate their financial situation and closely analyze their expenses and needs versus wants. In such unpredictability, some are even wondering what they can do now to benefit their financial situation long-term, including saving. Join entrepreneur Garth Sheriff, CPA, CA, as he shares his story on how he and his family are tracking costs during COVID-19 and provides listeners with practical strategies for saving during this volatile time. This episode was recorded via Skype.

Apple Podcasts | Google Podcasts | PodBean | Spotify

Tools

Cash Flow Organizer
Get a clear picture of your cash flow — what is coming in and what is going out. 

Net Worth Worksheet
Get a snapshot of what you own (your assets) and what you owe (your liabilities).

Document Organizer
Organize your documents in preparation for filing your taxes.

Financial Wellness Guide
Our interactive questionnaire helps you understand money basics and how they apply to you.

Just the facts – Seniors
Get access to educational materials on multiple financial topics for seniors, from better managing personal finances in retirement to protecting yourself against fraud.

Articles

Avoiding fraud and identity theft in times of crisis
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.

Habits to improve financial wellness
Many of us find ourselves in the same financial rut over and over again. The following blog post offers tips on improving your financial wellness.

Being financially savvy will help you sleep better at night
Financial wellness has less to do with how much money you earn, and more to do with how you manage it.

Federal government support

View a complete list of support and up-to-date information on the Federal Government’s COVID-19 Response Plan

Provincial support

Alberta

British Columbia

Manitoba

Newfoundland & Labrador

New Brunswick

Northwest Territories

Nova Scotia

Nunavut

Ontario

Quebec

Prince Edward Island

Saskatchewan

Yukon

 

For questions, please email us.