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Frederick Vettese

๐Ÿ‘ค Speaker
392 total appearances

Appearances Over Time

Podcast Appearances

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

Don't look at them every time.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

And my will is fully up to date.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I actually rewrote the will a few months ago.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

And being an actuary, I actually did this with parameters.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

So what I did was I figured I want to give money to certain people.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

These would be basically my kids, my stepdaughter, my wife.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

But rather than say how much I want to be getting, I did say, but these are essentially parameters.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I can change those percentages at any point in time.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

So I don't want anyone to be pissing me off anytime soon.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

These are parameters that's very easy to change, right?

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

All it takes is one email to my lawyer.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I'm pretty much on top of that.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I actually bought an annuity a bunch of years ago with a smallish amount, like about 10% of my assets.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I did buy an annuity.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I'm glad I bought it.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

You might say, what if I die young?

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I could have said that like 81 months again.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

I shrugged my shoulders.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

So my assets would have been 10% less.

The Wealthy Barber Podcast
#54 โ€” Frederick Vettese: Retirement Planning Advice on CPP, Annuities and More

That's something that my estate would have to worry about.