• Daryl Diamond - Buying Time
    Interview about Retirement Planning!

    In our upcoming Canadian Money Advisor series, I will be talking to Daryl Diamond the author of Buying Time - Trading Your Retirement Savings for Income and Lifestyle in Your Prime Retirement Years.

    This book, written in 2008 is the second edition which means that it's popular and practical enough to write another edition.

    This is the interview we did, have a listen!

    Listen Now! - Part 1: Duration: 15 minutes
    Listen Now! - Part 2: Duration: 15 minutes
    Listen Now! - Part 3: Duration: 13:40 minutes


    ABOUT DARYL DIAMOND:
    This is on the back of the Buying Time book cover.
    Daryl Diamond is a recognized leader in the financial services industry. His practice, Diamond Retirement Planning Ltd., focuses on advising preretirement and retirement clients on the income structures, investment strategies, and estate conservation issues that are unique to that group. He is also active in educating both advisors and their clients on retirement planning. Daryl Diamond develops educational materials for the financial services clients, and isa frequent speaker at industry conferences. He has also created a training program for financial advisors on retirement income planning, called Maximum Income Strategies.

    This discussion goes to people who have set aside funds for their retirement so that they can financially afford to live the lifestyle that they're used to.

    This book is specifically for Canadians as it deals with Government Retirement Plans, Pension Plans, Life Income Funds (LIFs) and Locked in Retirement Funds (LRIFs). These are all regulated by Canadian government which makes them different than retirement books from other countries.

    As the title "Buying Time - Trading Your Retirement Savings for Income and Lifestyle in Your Prime Retirement Years." says, you've got to spend money while you're retired, and the more money you have , the better lifestyle you'll be able to afford. As the book says, "you'll want to have a more meaningful retirement."

    This means that you can have, but have to plan for a more meaningful retirement.


    Get your copy of Buying Time today!

    In this interview with advisor.ca's Geoff Kirbyson and Daryl Diamond, Mr Diamond says, "It's not uncommon for people to have this idea, "Boy, I'd like to retire. I'm going to have all this spare time." But what are you going to do with it?".

    This idea of retiremenet and spare time is pretty common with Canadians. Mr Diamond then continues by saying, "Clients have to tell us what's important to [them], what [they] want to accomplish in the next year, two years and five years. We need to make sure we structure financing to do it and use their resources and assets intelligently to help them do what they want to do while they have the health and ability to do it."

    I'm sure most people know people who retire and relax for a few months and then get bored. They then need activities and events to keep them alive and active.

    That is what this books Buying Time is all about. It's the nuts and bolts of what to do grow your money prior to retiring, and then what can do to grow and conserve your money after retirement.

    HAVE QUESTIONS FOR THE AUTHOR DARYL DIAMOND ABOUT MANAGING YOUR RETIREMENT SAVINGS?
    I will be interviewing Daryl Diamond in the near future and am collecting questions that you can ask, and listen LIVE to the answers!

    Post Your Questions Here for Daryl Diamond here


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