The Canadian Retirement Roadmap is your monthly 30-minute guide to navigating the journey to and through a secure, fulfilling retirement. Presented by Patrick Briscoe of Bayswater Wealth Management, this podcast delivers expert insights on the latest financial news, practical advice on financial planning, and strategies tailored to help Canadians achieve their retirement dreams. Whether you’re just starting to save or fine-tuning your retirement plan, Patrick’s straightforward and relatable approach will help you take control of your financial future with confidence.
Ep. 11 - The Arrival Fallacy: Why Retirement Doesn't Feel the Way You Thought It Would
In this episode, Patrick Briscoe unpacks the psychology behind something most retirees feel but few can name: the Arrival Fallacy.
20 Apr 2026
5 Ways to Support Your Retirement with Home Equity
🏠 Your home may be your biggest asset — but is it actually supporting your retirement?
In this episode of The Canadian Retirement Roadmap, Patrick Briscoe, CFP® and Certified Executor Advisor, walks through five strategies to put your home equity to work in retirement.
Learn about downsizing, reverse mortgages (CHIP), HELOCs, rental income, and selling to rent — with Canadian-specific tax insights including the Principal Residence Exemption, OAS clawback thresholds, and more!
Timestamps:
00:00 Introduction: Home Rich Cash Poor
01:42 Why Home Equity Matters
02:45 Tax Free Home Gains
03:54 Strategy 1: Downsizing/Right-Sizing
06:01 Strategy 2: Reverse Mortgage
08:46 Strategy 3: Home Equity Line of Credit (HELOC)
11:03 Strategy 4: Generating Rental Income
13:17 Strategy 5: Sell Your Home & Rent
15:59 Tom & Diane’s Plan
17:39 Three Key Takeaways
19:20 Next Steps & Wrap Up
👍 Don’t miss future episodes of The Canadian Retirement Roadmap Podcast!Subscribe here on YouTube and explore past episodes + free resources → https://bayswaterwealth.ca/podcast
📘 Request your complimentary copy of Financial Success for Pre-Retirees → https://docs.google.com/forms/d/e/1FAIpQLScMBqJG9BeN0xFiBtTPYLHbwSKuOAV50iwJF8yRziSQXsK6vg/viewform
🌐 Website: http://bayswaterwealth.ca
💼 LinkedIn: https://linkedin.com/in/patrick-briscoe/
📸 Instagram: https://instagram.com/bayswaterwealth/
📞 Want to connect? Book a free 15-minute introductory call (phone or video) → https://bayswaterbookings.ca/prospective-step-1/
⚠️ Disclaimer: The information shared in this video is for educational purposes only and is not tailored financial advice. Every individual’s situation is unique — please consult with a qualified financial planner before making decisions about your personal finances.
28 Nov 2025
Avoiding Probate, Creating Problems: The Real Cost of Joint Ownership
Financial Planner Patrick Briscoe examines the drawbacks of joint ownership, such as legal and tax issues, and proposes safer estate-planning alternatives to protect family finances.
24 Oct 2025
The Gift Trap: The Rule of 72 and Its Impact on Your Retirement
Host Patrick Briscoe explores the emotional paradox of generosity and the Rule of 72, using Jane Smith's case study to demonstrate how financial gifts impact retirement planning.
15 Sept 2025
Your Money, Your Life: Insights with Carl Richards
In this episode of The Canadian Retirement Roadmap Podcast, Patrick sits down with Carl Richards — CFP®, bestselling author, and creator of the long-running Sketch Guy column in The New York Times.
Carl’s new book, Your Money: Reimagining Wealth in Simple Sketches, explores our relationship with money in ways that are thought-provoking, emotional, and refreshingly human.
Together, Patrick and Carl dive into several sketches from the new book, discussing:
✅ Why money = feelings
✅ The true meaning of real financial planning
✅ Why boring investments often outperform
✅ Why sometimes, you just need to spend the money
✅ How to live an “alpine style life” with less stuff and more meaning
✅ And how to embrace the reality that things change
💡 Giveaway: Want a chance to win a copy of Carl’s new book? Enter here → www.bayswaterwealth.ca/podcast
📖 Get Carl’s book on Amazon: https://a.co/d/hV9EoyP
Chapters:00:00 Introduction and Guest Welcome 02:28 Carl Richards' Background and New Book06:08 The Emotional Side of Money08:57 Real Financial Planning13:34 Investment Discipline and Practical Advice17:56 The Purpose of Money18:37 Spending Money for Happiness21:16 Financial Planning and Spending22:36 Portfolio Management Insights25:47 The Alpine Style Life28:56 Embracing Change33:03 Final Thoughts and Reflections
👍 Don’t miss future episodes of The Canadian Retirement Roadmap Podcast! Subscribe here on YouTube and explore past episodes + free resources → www.bayswaterwealth.ca/podcast
🌐 Website: www.bayswaterwealth.ca
💼 LinkedIn: https://www.linkedin.com/in/patrick-briscoe/
📸 Instagram: https://www.instagram.com/bayswaterwealth/
📞 Want to connect? Book a free 15-minute introductory call (phone or video) → https://bayswaterbookings.ca/prospective-step-1/
📲 Connect with Carl:LinkedIn: https://www.linkedin.com/in/thinkingcarl/X: https://x.com/behaviorgap Instagram: https://instagram.com/behaviorgap YouTube: @behaviorgap
⚠️ Disclaimer: The information shared in this video is for educational purposes only and is not tailored financial advice. Every individual’s situation is unique — please consult with a qualified financial planner before making decisions about your personal finances.
27 Aug 2025
Family or Professional Executor? Making the Right Choice for Your Estate
In this episode of The Canadian Retirement Roadmap Podcast, Patrick Briscoe is joined by Devon Miller, Director of Partnerships at Clear Estate, to explore the difference between estate planning and estate settlement—and why getting both right is essential for protecting your family and legacy.
They explore:✅ The complexity of the executor's role✅ Why more Canadians are considering professional executor services✅ What Clear Estate offers in both estate planning and estate administration✅ How technology and expert support reduce stress, save time, and cut costs✅ Patrick’s personal decision to name a professional executor in his own will✅ How IPC clients can access these services and available resources
🔗 Download free resources:→ Estate Planning Checklist→ Choosing the Right Executor Guide Available at: https://www.bayswaterwealth.ca/podcast
👉 If you’re navigating an estate or want to get your affairs in order with confidence, this episode is for you.
🔔 Don’t forget to subscribe for more retirement planning tips and expert conversations.
00:00 Welcome to the Canadian Retirement Roadmap Podcast00:35 Introduction to Clear Estate with Devin Miller03:11 Understanding Estate Planning vs. Estate Settlement04:18 Clear Estate's Tools and Services for Estate Planning06:00 Navigating the Estate Settlement Process13:13 Choosing the Right Executor20:15 Clear Estate's Technological Innovations22:54 Partnership with Investment Planning Council27:17 Ensuring Confidentiality and Professional Standards30:52 Final Thoughts and Key Takeaways
13 Aug 2025
The Executor Dilemma: When Family Isn't the Right Fit
Choosing an executor is one of the most important estate planning decisions you’ll make—but it’s often clouded by guilt, obligation, or tradition. In this episode, Patrick Briscoe unpacks why your spouse, child, or sibling might not be the best person for the job—and why that’s okay.
You’ll learn what an executor really does, the traits to look for, the risks of choosing the wrong person, and the professional alternatives that can reduce stress and protect your legacy.
📥 Download the free “Choosing the Right Executor” checklist:
👉 http://bayswaterwealth.ca/podcast
⏱️ Timestamps
00:00 - Introduction to the Canadian Retirement Roadmap 01:24 - The Role and Responsibilities of an Executor03:05 - Choosing the Right Executor: Qualities to Look For04:36 - Alternatives to Family Executors06:19 - Conclusion and Resources 🔔 Enjoying the podcast?
Subscribe, like, and share this episode with someone facing estate planning decisions.
🌐 Learn more: http://bayswaterwealth.ca
28 Jul 2025
Mid-Year Market Recap: Why Staying Diversified—and Calm—Has Paid Off
The first half of 2025 reminded us that markets can turn quickly—and so can investor sentiment. In this episode of The Canadian Retirement Roadmap, Patrick Briscoe, CFP®, recaps the year so far, including:
✅ The story behind "Liberation Day" and the rebound that followed ✅ How global diversification helped cushion volatility ✅ Why behaviour—not just portfolio design—is the key to long-term success ✅ What to expect heading into Q3 of 2025
Whether you’re feeling anxious or optimistic, this short episode will help ground you in the principles that really matter.
📘 Access past episodes & resources: https://www.bayswaterwealth.ca/podcast
🔔 Don’t forget to subscribe and turn on notifications!
5 Jun 2025
The Underused Disability Tax Credit: Eligibility and Tax Savings
In this episode of the Canadian Retirement Roadmap podcast, host Patrick Briscoe speaks with Christine Brunsden, co-founder of Benefits2 and an expert in estate and disability planning, about the underutilized Disability Tax Credit (DTC) in Canada. Christine shares her personal and professional journey helping Canadians navigate the DTC, revealing how many eligible individuals—especially older adults—miss out due to misconceptions, poor guidance from medical professionals, and predatory promoter companies. The conversation dives deep into the qualifications for the credit, how to advocate with doctors, and how the DTC opens doors to other significant financial benefits like the Registered Disability Savings Plan (RDSP) and the new Canada Disability Benefit.
Things To Know...
• More People Qualify Than You Think: Up to 27% of Canadians could be eligible for the Disability Tax Credit, including those with conditions like incontinence, chronic pain, or cognitive impairments—not just visible or severe disabilities.
• Beware of Promoter Companies: Many firms charge 20–30% of retroactive refunds as fees. Benefits2 offers a flat-fee model to help clients avoid these costly traps while getting expert help.
• Doctors Often Don’t Know the Rules: Physicians receive no training on the DTC, so patients need to come prepared with information and may need assistance in preparing the forms to improve their chance of approval.
1 Apr 2025
Building Your Retirement Paycheque: Smart Strategies for a Secure Future
Planning your retirement income isn’t just about how much you’ve saved—it’s about how you use it. In this episode of The Canadian Retirement Roadmap Podcast, financial planner Patrick Briscoe breaks down how to create a well-structured retirement paycheque that ensures financial stability while minimizing taxes.
Learn about the various income sources available in retirement, their tax implications, and strategies to optimize cash flow for a stress-free future. Whether you’re just starting to plan or are already retired, this episode will equip you with the knowledge to build a retirement paycheque that works for you.
Key Takeaways:Retirement income comes from multiple sources, including pensions, RRSPs, TFSAs, and non-registered accounts, each with different tax treatments.Strategic withdrawal planning can reduce taxes and extend the longevity of your savings, helping you avoid unnecessary government clawbacks.A personalized retirement paycheque ensures stability, covering monthly expenses while maintaining flexibility for unexpected costs and future financial goals.
If you’re interested in learning about how you can create a retirement paycheque for your retirement plan, reach out to Patrick and his team at http://bayswaterwealth.ca
Learn more about Patrick and the podcast at http://bayswaterwealth.ca/podcast
5 Mar 2025
Four Timeless Investing Reminders for Difficult Economic Times
In this episode of The Canadian Retirement Roadmap Podcast, host Patrick Briscoe, a financial planner at Bayswater Wealth Management - IPC Investment Corporation, shares four essential investing principles to navigate challenging economic times. He explores why market movements often disconnect from economic news, why the best minds are working for investors, and how political events have little long-term impact on market performance. Whether you're a seasoned investor or just starting, this episode will provide reassurance and a framework for staying the course during market uncertainty.
[0:14] Overview of the four investing principles
[1:30] Principle #1: Markets are forward-looking—today's news is already priced in
[3:45] Principle #2: The economy is not the market—why economic data often lags market movements
[5:30] Principle #3: The best minds are working for you—why great companies adapt and thrive
[7:15] Principle #4: Markets generally aren’t political—long-term investing outweighs short-term political shifts
To learn more about Patrick and his team, visit bayswaterwealth.ca
22 Jan 2025
Coming Soon - The Canadian Retirement Roadmap!
Coming soon - The Canadian Retirement Roadmap!
To learn more about Patrick and his team, visit bayswaterwealth.ca
Podcast Authority Score: 8 / 100
A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
Explore this show Podcast research with Pod Engine
