Turn Your Mortgage into a Pension

By Gordon P Johnson

After years of thinking outside the “financial box,” finance expert, Gordon Johnson, has written a book on the topic of how to turn a mortgage into a pension. It presents a unique strategy aimed at enabling the average Canadian to enhance their financial well-being without having to sacrifice their current standard of living. Outline

• Language: English
• Publisher: Caris Publishing
• Release date: Nov 23, 2016
• ISBN: 9780995323919

Book preview

Turn Your Mortgage Into A Pension

Library and Archives Canada Cataloguing in Publication

Johnson, Gordon P., 1954-, author

Turn your mortgage into a pension / Gordon P. Johnson ; Cynthia Assen.

ISBN 978-1-77141-069-4 (pbk.)

1. Mortgages--Canada. 2. Pensions--Canada. 3. Finance, Personal--Canada. I. Assen, Cynthia, 1991-, illustrator II. Title.

Turn Your Mortgage Into A Pension

Gordon P. Johnson

First Published in Canada 2014 by Influence Publishing

© Copyright Gordon P. Johnson

All rights reserved. No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording or otherwise) without the prior written permission of the publisher. This book is sold subject to the condition that it shall not, by way of trade or otherwise, be lent, resold, hired out, or otherwise circulated without the publisher’s prior consent in any form of binding or cover other than that in which it is published and without a similar condition including this condition being imposed on the subsequent purchaser.

Book Cover Design: Marla Thompson

Illustrator: Cynthia Assen

Typeset: Greg Salisbury

Photographer: Lauren Johnson

DISCLAIMER: The information and opinions contained in this publication are intended to provide only a general commentary on areas that may be of interest or significance to readers. The author is not an issuer of the products or services referenced in this publication, and receipt of this publication is not a solicitation of the reader for such products or services. All charts, illustrations, and comparisons are for illustrative purposes only and are not intended to predict or project investment results. While the information, facts, and other statements contained in this publication are deemed accurate as of the date of printing, the author does not guarantee the accuracy of the same, and disclaims any liability in respect of a reader’s reliance on the same.

This publication is not intended to provide specific investment, legal, or financial advice or recommendations; it is provided to readers for educational and informational purposes only. Readers should consult with their personal legal, financial, and/or tax advisors before acting on any information or opinions contained in this publication.

I dedicate this book with deepest love and gratitude to my best friend and wife Janice. Her unfailing encouragement and support during our life together have been a tremendous source of strength, joy, passion, and profound contentment. I am truly blessed to have her and my two daughters, Lauren and Alise, and Alise’s husband, Brett, in my life.

An inscription on a church in Sussex, England, purported to have been written in 1670 reads as follows:

A task without a vision is drudgery;

A vision without a task is but a mere dream;

A vision with a task is the hope of the world.

A must-read for anyone with a mortgage or plans to retire. It questions our traditional views and lays the foundation for all of us to improve our finances.

Bryan Dar Santos, Editor-in-chief, Life Cents Magazine

‘Turn Your Mortgage Into a Pension’ is a much-needed book. An accessible and enjoyable guide for the financially challenged and the financially well-versed alike, it offers timely advice that, combined with proper financial planning, can set out a clear path towards reaching your retirement goals.

Marcin Drozdz, Director & Board Member, NEMA (National Exempt Market Association)

Johnson’s book presents important financial strategies and tools that the majority of people haven’t heard about until now. Comprehensive, insightful and potentially life-changing,‘Turn Your Mortgage Into a Pension’ should be read by anyone trying to take charge of their financial future.

Kevin Ziolkoski, Managing Partner, Blueprint Global Partners, a leader in connecting private placement in the marketplace

Acknowledgements

I am where I am today because of people who have come into my life and choices I have made in response to circumstances in my life. I was adopted into a wonderful, loving family by parents who made life safe, adventurous, and blessed. I was taught that the best investment you could ever make was to spend time with your family. The best legacy you could ever leave was a strong faith in God. My parents modelled this calling and I am eternally grateful.

My father was an early influence in my financial services career; in the beginning, as a mentor, and later as a business partner. He didn’t always understand my fascination with thinking outside the box, but gave me much encouragement to do so.

My wife, Janice, has been my greatest source of joy and love throughout our 35 years together. She has taught me the true meaning of contentment, and has always encouraged me to reach for my dreams while keeping my feet on solid ground. She is the true rock in our family and my two wonderful children, Lauren and Alise, are a testament to her unwavering commitment, love, and devotion to her family. We are truly blessed to have her in our lives.

My financial journey incorporated many diverse and interesting paths which ultimately led me to where I am today. In my earlier days, I always seemed to be a little restless–never quite satisfied with where I was or what I had. I would set higher goals for myself, both personally and professionally. Some would call that drive and a positive trait. For me it fostered discontent.

I was teaching the basics of financial planning to the brokers, and was implementing the principles in my own financial life. But I wasn’t convinced that the picture of a more secure financial future displayed on the cover of the box could be achieved with these particular puzzle pieces; some pieces were missing, some were the wrong size, and others belonged to a different puzzle altogether.

I was introduced to the book Rich Dad Poor Dad by Robert Kiyosaki, and the pieces started to transform themselves and fit together. One of the missing pieces in the puzzle was cash flow. That book changed my life, and is a must-read for anyone interested in gaining financial literacy.

My next ah ha moment came during a webinar with Robin J. Elliott, the guru of joint ventures. Robin has focused on using joint venture leverage to help thousands of business owners increase their sales and profits. www.leverageadvantage.com

I started