Financial Literacy for Mature Adults
Time & Location
About the Workshop
We will meet in Meeting Room #1 on the second floor of CSI Annex. Each participant will receive snacks & refreshments, a copy of “Linda’s Life Transition Guide”, a money journal, a writing instrument and ideas on how to personalize their tapestry. Please notify firstname.lastname@example.org if you have an allergy.
This workshop is designed for those that want to take charge and feel more knowledgeable and empowered about money and investing or are currently going through a transition in their life. In this informal and interactive discussion, you are encouraged to explore your money motto and hopefully gain valuable insight as to how to preserve and grow your personal wealth. You will get answers to some practical questions such as the following:
1. What are the differences between an RRSP and a TFSA?
2. When is the best time to Convert an RRSP to a RIF?
3. When is the best time to convert a LIRA to a LIF?
4. What are the differences between a RIF and a LIF?
5. What are the tax advantages of non-registered investments versus registered?
6. When might be the best time to start receiving my CPP? Age 60, 65, 70?
7. What is the difference between Mutual Funds, Segregated Funds and Exchange Trade Funds?
8. How do I choose the right financial/investment advisor, planner or portfolio manager?
9. Why would I want to be a DIY investor and have a discount brokerage account?
10. Who needs life insurance?
11. When is the best time to do/redo my Will and Powers of Attorney?
Accessibility: Easy. There is a wheel chair lift located at the main door to CSI Annex on the left as you enter the facility. The workshop is located on the 2nd level in Meeting Room B and there are washrooms located on the same floor.
About our Host:
Our host, Linda Odnokon, will draw on her personal experience and observations from years of working on the front line as a client relationship manager with investors from all walks of life.
Linda has almost 20 years of experience working alongside financial advisors, planners and portfolio managers. Most recently she was licensed as an Investment Advisor and was an associate to a portfolio manager for almost 10 years with a full- service brokerage firm on Bay Street. After being downsized in December of 2018 and then loosing her spouse to cancer in 2019 she has turned her experience of loss and grief into a passion for helping others with personal financial matters and life transitions. She completed the Canadian Securities Course and the Conduct and Practices Handbook in 2008 and has been licensed in the province of Ontario to advise on life insurance strategies such as annuities, living benefits and group savings plans since 2001.
She recently started a personal wealth consultancy practice and lives and works in downtown Toronto. A proud mother and mother-in law of four millennial’s and their partners, since blending families with her late husband in 1999 and now “Nana O” to two grandchildren; she prides herself in putting family and people before profit. She is active in building community at the Centre for Social Innovation- Spadina location where she has her office, is a member of Common Thread Community Corus, completed the intro to rowing at the Argonaut Rowing Club and plans to continue rowing, and is enrolled in the creative writing program at University of Toronto School of Continuing studies.
- Financial Literacy Workshop$30$300$0