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DurhamCitizen.ca June 21, 2021 15

“ Do You Know Someone Retiring in 2021 and Can Use The Advice of a 32 Year Experienced Retirement Specialist? MONEY
Go to: www.retire-rite.ca and Like/Share @: www.facebook.com/retireritelifestylesolutions

Canadians who are motivated to
achieve financial wellness or
independence must climb the Climbing the Stairwell
required sequential steps,
regardless of their current age and
or financial status. The process of
climbing the stairwell should be to Financial Wellness…
systematic, structured, organized,
and measurable.
Financial Uncertainty: Sadly,
COVID-19 created a health
mayhem here in Canada, which waiting around for your financial encourage them to increase their
triggered an unprepared calamity advisor to contact you, simply does knowledge and become more
and although we did comparatively not work anymore; advisors are financially confident. Thankfully,
well, when compared to other asking their investors to maintain a there are adequate online services
countries, such as the USA and keen sense of intuition and ensure on becoming more financially
India; COVID-19 spurred corelated they are kept aware of what is confident; simply google search;
problems; it created a dangerous happening around them with ‘gaining financial confidence’.
state of Financial Uncertainty. respect to their money and the Financial Liberty: Can you
Canadians lost confidence, capital markets. Now, intuition i m a g i n e t h e fi n a n c i a l
became more money conscious, propelling risk is not necessarily a independence of winning millions
restricted cash-flow which bad thing, however, calculating in a lottery? Well, the odds of
prompted a halt in spending and and or mitigating risk is possible as winning a major national lottery
unfortunately, investing. However, we all become more aware of what range from 1 in 14 million to 1 in 33
everyone is now fast-tracking their is working and what is not. million. The only financial
recovery and we have the ability to Awareness is no longer solely an independence I am aware of, is the
fully recover. Remember; we need advisors job, advisors must help one you create, work diligently at leaving assets to your beneficiaries suspended.
cash-flow and spending to bring their clients stay apprised of the and control. One of the benefits of can have favorable tax advantages. Join us for the next session
our economy back to pre-COVID economic landscape, educate creating a financial plan or Over and above, our clients do not
levels. them to become more intuitive and roadmap is regaining critical have to die to have their children
Avoiding Financial Pitfalls: It is achieve and maintain a high level financial control. benefit; we have products which For more info; email me at:
extremely easy to be derailed of awareness. This is critical and a Financial Achievement: You make this possible right now, while riyadm@themoneycafe.ca or visit
without realizing it, hence, the necessary exercise for everyone. have made it; you are now entering you’re alive and can witness the joy us at: www.themoneycafe.ca
reason to work with a financial Financial Foundation: Do you the final stages of your lives and your legacy and generosity brings… and share/like at
advisor who has seen market have a Financial Plan? A Financial have achieved your goals, the goals As we wrap up this article on www.facebook.com/
uncertainty, understand financial Plan is the corner-stone or concrete in which you meticulously planned ‘Climbing The Stairwell to retireritelifestylesolutions.
pitfalls and have the roadmap to foundation of your financial lives. for 25-30 years. Now what? Financial Wellness’, we have to To learn more about elevating
avoiding pitfalls and the skillset to It will provide a roadmap to Maintenance and jurisprudence remind ourselves to be more your retirement, go to:
reverse any negative effects. In all achieving your goals, however, are more than necessary, as we still diligent, be more aware, take-back www.retire-rite.ca
honesty, people do not go about most importantly it lays out the have 20-25 years to live after and maintain self-controlled
looking for pitfalls, it happens preferred pathway, allowing you to turning 65. One of the strategies we management of your financial
naturally. As an example, investors not only be apprised of your implement in my financial practice lives. Remember, pitfalls are always Riyad K Mohammed
relying on an 8% fixed rate of financial life, but empowers you to with our retired clients, is to ensure lurking in the dark waiting to FA; PWA; RMS
return for the next 25-30 years is a grab the bull by the horn and take they have a sizeable portion of your pounce, so, do not let your guard Advanced CaseSpecialist/
financial pitfall. Why? If you are control of your financial lives funds invested, in order to keep down; ever! Financial Advisor
banking on your retirement Financial Confidence: The ONLY their portfolios growing. Are you interested in attended a The Money Café Corp
portfolio generating an 8% rate of way to gain confidence is to Financial Legacy: More and more F R E E , F i n a n c i a l L i t e r a c y 1-813 Dundas Street W
return, will be sorely disappointed increase your knowledge base, via a Canadians are leaving financial Workshop? The Money Café has Whitby; On; L1N 2N6
a n d w i l l 1 0 0 % d e ra i l yo u r Financial Literacy Course or legacies for their children and been hosting virtual workshops C: 647.554.2307
retirement. The income you Workshop. I am going to refer to an grandchildren with the intention and as much as we are not yet out of E: riyadm@themoneycafe.ca
perceived, will sadly, not be there. earlier point, today’s consumers of making their financially lives a the woods with COVID-19, the
Financial Intuition: The days of c a n n o t wa i t o n a nyo n e to bit less stressful and in some cases, need for education cannot be W: www.themoneycafe.ca

Amazon's new network will

share your Wi-Fi with

neighbours unless you opt out

Amazon is raising security Users of the devices Ring Security Cams and customer newer); Echo Plus; Echo Spot;
concerns due to an upcoming Echo, Echo Show, and support can still troubleshoot Echo Studio; Echo Input; Echo
plan that automatically enrolls Ring doorbells will have the problems even if your devices lose Flex; Ring Floodlight Camera
users of its devices into Sidewalk, option to turn off Sidewalk. their Wi-Fi connection. Sidewalk (2019); Ring Spotlight Cam Wired
a program which will share your However, the device owners must “ can also extend the working range (2019); and Ring Spotlight Cam
Wi-Fi connection with your choose to opt out of Sidewalk, for your Sidewalk-enabled Mount (2019).
neighbors unless you opt out. otherwise Amazon will The tech giant claims devices, such as Ring smart lights, Tile, which makes tracking
The Sidewalk network shares "a automatically enroll its customers Sidewalk, a program which pet locators or smart locks, so devices for misplaced items using
small portion of your internet into the service. will share your Wi-Fi they can stay connected and Bluetooth, will reportedly join
bandwidth which is pooled Ring owners can opt out by continue to work over longer Amazon Sidewalk on June 14.
connection with your
together to provide these services visiting the control center in the distances. Amazon does not Sidewalk will also strengthen the
neighbours unless you opt
to you and your neighbors," Ring app or Ring website. charge any fees to join Sidewalk." ability to locate items in-home by
out will feature "multiple
according to a description on Customers with an Echo device The list of devices supported on incorporating Alexa.
Amazon's website. "And when can remove the service by going to layers of encryption" for Sidewalk are Echo Show; Echo Another partner will be
more neighbors participate, the settings in the Alexa app. added privacy and security (third generation and newer); CareBrand, a manufacturer of
network becomes even stronger." Amazon encouraged users to take for personal information. Echo Dot (third generation and wearable technology for people
The program, which was advantage of Sidewalk. "Amazon The company also noted newer); Echo Dot for Kids (third living with dementia.
originally announced in 2019, goes Sidewalk helps your devices get generation and newer); Echo Dot
online on June 8. The tech giant connected and stay connected. that all data shared is with Clock (third generation and - www.msn.com
claims Sidewalk will feature For example, if your Echo device automatically deleted
"multiple layers of encryption" for loses its Wi-Fi connection, every 24 hours.
added privacy and security for Sidewalk can simplify
personal information. The reconnecting to your router,"
company also noted that all data Amazon wrote. "For select Ring
shared is automatically deleted devices, you can continue to
every 24 hours. receive motion alerts from your