Adam Bornn (@Parallel_Wealth) explains why many retirees should keep a few years of cash outside the market.

Episode #60 is out now! Our guest this episode is Adam Bornn — founder of Parallel Wealth Financial Group (@Parallel_Wealth) and the creator of the Parallel Wealth YouTube channel, one of Canada's largest channels devoted to retirement planning. Adam returns to the show to focus on a single, high-stakes subject: how Canadians can build a retirement plan that actually works, and the common mistakes that quietly derail one. In this episode, Dave and Adam dive into the realities of the retirement transition, from the most common mistakes people make to how to balance spending early with the cost of care later in life. They break down the "go-go, slow-go and no-go" years, why health and finding joy matter as much as the numbers, and when the ideal time to start planning really is. Adam also explains when it makes sense to convert an RRSP to a RRIF and how a TFSA can act as a flexible lever account inside a broader plan. The conversation also explores the issues that complicate real-world retirement, including the squeeze on the sandwich generation, why more retirees are helping their adult kids financially, and how to plan around large age gaps or being single. Adam digs into some of the costliest missteps too, from taking CPP early when you don't need to, to letting registered accounts grow tax-deferred for too long and running into the OAS clawback. Along the way, they cover tax planning when liquidating cottages and rental properties, the limited role of reverse mortgages and HELOCs, and how to think about high market valuations and cash wedges in retirement. Whether you're years away from retirement or already making the transition, this episode is packed with practical, tax-smart insights to help you avoid the mistakes that cost retirees the most. Check it out now on our website, YouTube, Apple Podcasts, Spotify and all other podcasting platforms!

We often think of generational wealth as something passed down after death. But what if the wealth was given away “with a warm hand”? More on this in our full chat with @AdamBornn (@Parallel_Wealth) on The Wealthy Barber Podcast—link in bio.

Episode #20 is out now! Our guest this episode is @AdamBornn and Managing Partner at @Parallel_Wealth, a Canadian financial planning firm that specializes in helping people retire with confidence. Adam also runs an educational YouTube channel with over 138,000 subscribers where he shares practical and approachable retirement advice for Canadians. In this conversation, Dave and Adam dive deep into the world of retirement planning—from understanding the “Go-Go, Slow-Go, and No-Go” phases of retirement to managing taxes through RRSP meltdowns to whether you really need $1 million to retire. Adam shares why retirees need a financial plan, common mistakes people make and how strategies like delaying CPP, TFSAs and even reverse mortgages can play a role in a well-structured retirement. If you’re planning for retirement—or even just starting to think about it—this episode is packed with insights, myths debunked and practical advice tailored to Canadian listeners. Tune in now on our website, YouTube, Apple Podcasts, Spotify, or wherever you get your podcasts!

@AdamBornn (@Parallel_Wealth) shares the two biggest retirement mistakes he sees all the time. You might be making one without even realizing it. Catch the full conversation on our latest episode of The Wealthy Barber Podcast—link in bio.