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How much fixed income should you hold? A financial planner based in Saskatoon reviews Q3 performance and what the data means for your retirement investing strategy.

The third quarter brought unique challenges for investors, particularly regarding the role of bonds and inflation protection. We break down some history of bond performance against inflation to help you determine if your current strategy aligns with your long-term objectives.

Effective financial planning requires more than just picking assets; it demands a clear understanding of how interest rates and market volatility impact your wealth. We analyze the numbers to provide clarity on your portfolio allocation and what adjustments, if any, you should consider to maintain your peace of mind.

Subscribe for financial planning breakdowns, and comment below on how you are currently viewing your bond exposure.

00:00 Q3 review
00:25 Q3 Market Performance
01:14 How Bonds Work
02:21 Bonds vs. Inflation: The Data
04:23 S&P 500 Comparison
05:41 What This Means for You

https://pages.stern.nyu.edu/~adamodar...

https://www.bls.gov/cpi/

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How do you know when you've saved enough? And what happens when your habit of saving starts getting in the way of enjoying your money?

In this episode, Tré and Sierra explore financial goal setting and why a good financial plan needs to start with something more meaningful than an investment target or retirement number.

Using a practical goal-setting exercise, they discuss how to identify what matters most, distinguish between financial security and financial independence, and prioritize what you actually want from life.

They also explore the difficulty some people have spending money, even when they're financially secure, and share a real-world planning example involving a couple with over $1 million in net worth who were questioning whether they needed to keep saving as aggressively.

Topics covered:

• How to discover your financial and personal goals
• Why money is a tool rather than an end goal
• Financial security versus financial independence
• The psychology of saving and spending
• Identifying critical, important and nice-to-have goals
• Finding the balance between enjoying today and preparing for tomorrow
• How financial goals inform investment and retirement planning

An exercise to try:

1. Write down as many personal and financial goals as you can.
2. Challenge yourself to double that list.
3. Think about relationships, experiences, security, health and your ideal lifestyle.
4. Rank your goals by priority.
5. Identify what is critical, important and simply nice to have.

About Tré

Tré Bynoe, CFP®, CIM®, is a financial planner based in Saskatoon, Saskatchewan. He shares practical financial education to help Canadians understand their options, evaluate trade-offs and make informed financial decisions.

Website: https://trebynoe.ca

This podcast provides general financial education, not personalized financial advice.

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How much investment risk can you really handle?

In this episode of the Plain English Finance Podcast, Tré and Sierra go through a risk tolerance questionnaire together and use it as a way to talk about the psychology behind investing, how advisors measure risk, and why risk tolerance is only one part of the picture.

Tré explains that risk tolerance is more about the emotional and behavioural side of investing, while risk capacity is more about the objective ability to handle market ups and downs. That means someone can have the financial ability to take more risk, while still feeling uncomfortable with it emotionally.

In this episode, we discuss:

- What a risk tolerance questionnaire is trying to measure
- Why risk tolerance and risk capacity are different
- Why some questionnaires feel vague or frustrating
- How financial psychology affects investing decisions
- Why it may matter when and how the questionnaire is presented
- Why advisor influence can affect client responses
- Whether people answer differently once they know more about investing
- Why market experience can shape risk tolerance better than theory
- Why some people have higher risk capacity than risk tolerance
- Why education may help close that gap
- Why personalized questionnaire insights may or may not feel accurate
- How emotions, values, guilt, stress, and safety beliefs can affect money decisions

A good investment recommendation should not be based only on how someone feels about risk. It should also consider whether they can actually afford to take risk.
That is why risk tolerance and risk capacity need to be looked at together.

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