Retirement Unpacked

In episode 29 of Retirement Unpacked, Adam and Matthew break down whether delaying OAS is actually worth it, if one spouse should start CPP early when both have the max benefit, how to think about the RRSP meltdown in the real world where markets are volatile, and whether carrying a joint universal life policy through retirement makes sense.
Later in the episode, Kyle Martins joins to discuss the process of transferring your investment accounts from one institution to another, and how it's a lot easier than you might think.
FP Canada's rate of return assumptions
Subscribe to our clips YouTube channel
 

0:00 Intro
0:10 Should you delay OAS?
2:56 If both spouses have max CPP, should one start early?
6:12 Retiring at 60: Do you have to keep contributing to CPP?
8:51 When should you replenish cashflow wedge?
13:09 RRSP meltdown with volatile markets
21:47 Does savings in US dollars change withdrawal strategy?
24:34 Should you retain joint universal life policy through retirement?
29:26 Should you have debt, should you get term insurance?
33:43 Bank says I can't withdraw more than the RRIF minimum
35:57 If you only have CPP & OAS, will you qualify for GIS?
39:37 How to transfer accounts between institutions
44:04 Successor vs. beneficiary on a TFSA

In episode 28 of Retirement Unpacked, Brett and Michael break down if children receive any CPP benefit if their parents pass away, when spousal loans make sense, why it's normal to be nervous heading into retirement, if there is any reason to convert your RRSP to a RRIF before 71, and much more.
Later in the episode, one of our planners, Paul Grenier, joins to discuss how OAS calculated if you haven't spent a full 40 years in Canada by age 65, and what the effects of delaying are.Chapters0:00 Intro
0:25 Do children receive any CPP benefit if parents pass away?
2:11 When do spousal loans make sense?
8:51 75% stocks/25% guaranteed return for cashflow wedge?
12:35 Is it normal to be nervous entering retirement?
18:27 Is QPP an option on PWL calculator?
19:46 Any reason to convert RRSP to RRIF before 71?
27:46 Actual dividend amount or grossed up amount for corporations?
30:10 Capital gains consequences if put on house deed?
40:50 OAS calculation when you haven't spent full 40 years in Canada
45:48 Spousal RRSP to RRIF transfers

In episode 27 of Retirement Unpacked, Adam and Jon break down what percentage drop in the market should trigger using your cashflow wedge, whether or not you should start CPP at 60 if you've already maxed it out, what to do when your RRSP has outperformed your planned withdrawals, whether or not you're actually better off with a cashflow wedge, and much more.
Later in the episode, one of our planners, Peter Filippakis, joins to discuss the importance of using reasonable assumptions in your plan.

Our clips channel: https://www.youtube.com/@ParallelWealthClips

0:00 Intro
0:16 What % drop should trigger cashflow wedge?
3:18 Maxed out CPP: Should we start at 60?
6:30 Drawdown strategy to help out kids
9:56 Do spousal RRSP dividends count as contributions?
12:43 RRSP returns outpacing my planned withdrawals
16:00 Does cashflow wedge underperform?
24:49 Spousal RRSP vs. RRSP: Which to drawdown first?
31:05 Process when transferring LIF to another institution
34:07 Importance of reasonable assumptions in planning

In episode 26 of Retirement Unpacked, Adam and Brett break down future TFSA contribution limit projections, how OAS clawback can affect withdrawal strategy, whether or not CPP and OAS can cover your no-go phase, how much Canadians believe they need to retire, and a much more.
Later in the episode, one of our planners, Gord Manzer, joins to discuss the prevalence of AI powered financial scams, and what you can do to protect yourself and your loved ones.
Chapters:
0:00 Intro
0:17 Future TFSA contribution limit growth
3:54 Cashflow wedge with passive income investing
8:00 In-kind transfer from RRIF to TFSA/non-reg
14:26 Does OAS clawback affect withdrawal strategy?
19:43 Will CPP and OAS cover no-go phase?
25:00 Non-registered vs. universal life policy
33:15 Do you have to start withdrawing from LIF right away?
34:35 Small balance provision for LIFs
42:11 How to avoid tax installments
46:24 AI powered financial scams
59:42 Do you need $1.7M to retire?

In episode 25 of Retirement Unpacked, Adam and Paul break down how OAS clawback works year to year, whether it still makes sense to delay CPP to 70 if you stop contributing early, the best place to park money when you don't need the mandated withdrawals, and much more.

Later in the episode, one of our planners, Martin Goudreault, joins to discuss a couple client success stories, and the impact that a retirement plan can have for Canadians.Chapters:
0:00 Intro
1:00 What happens if you die before you start your pension?
4:37 Can OAS clawback vary from year to year?
7:47 Planning around a large account size gap between spouses
10:34 Stopped contributing to CPP early: Does delaying still make sense?
14:08 Best ways to deplete RESPs
18:53 Moving money from LIF to RRSP
22:42 Best place to park money when you don't need it
26:35 In-kind transfers from RRIF to TFSA
29:42 Delaying CPP to 70: What if spouse passes early?
33:55 Client success stories
38:27 Warning: Firms are cutting planning, but not fees