Retirement Unpacked

In episode 32 of Retirement Unpacked, Brett and Peter  break down fee-for-service vs. ongoing financial planning, the assumptions behind your CPP estimate, how to reduce large capital gains in retirement, renting vs. owning in retirement, probate planning, and more.

Later in the episode, Paul Grenier joins to discuss growing vs. protecting your wealth in retirement, and why striving for more doesn’t necessarily give you greater peace of mind.
 
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Chapters
0:00 Intro
0:45 Fee-for-service planning vs. ongoing financial planning
6:00 Clarification around CPP estimates
10:19 What Safeguards Exist With Canadian Investment Firms?
17:00 Nominal vs. real dollars
20:36 How to meltdown large capital gain in retirement
25:35 Renting vs. buying a condo in retirement
33:43 Cashflow wedge planning when you have a pension
39:30 Probate planning
44:45 RDSP planning in retirement
50:38 Growing vs. protecting wealth in retirement
59:31 Dangers of chasing higher returns to meet goals

In episode 31 of Retirement Unpacked, Adam and Gord  break down if it makes sense to delay your OAS, what happens to CPP if you retire early, the pros and cons of renting vs. holding onto your house in retirement, when income splitting is beneficial, and much more.
Later in the episode, Peter Filippakis joins us to discuss what future changes to OAS could look like and how you can plan ahead if those changes are a concern.
 
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Chapters
0:00 Intro
0:24 Does it make sense to delay OAS?
3:20 Delaying OAS when you've lived in Canada less than 40 years
5:00 Retiring at 55, what happens to CPP?
8:41 Delaying CPP is pushing me into OAS Clawback
11:53 Renting vs. holding onto the house in retirement
15:36 Should you pay cash for cars?
19:00 When is income splitting beneficial?
21:59 Do you need insurance to cover your debt?
25:00 Trigger to use your cashflow wedge
28:30 Potential changes to OAS
35:09 - Upsizing in retirement

In episode 30 of Retirement Unpacked, Kyle and Mathieu break down what age you should think about starting an RRSP meltdown, whether there's a need for a cashflow wedge if you don't need the money, how couples should plan around long-term care costs, planning considerations for singles, and much more.
Later in the episode, Gord Manzer joins to discuss how AI is impacting retirement planning, and whether you should be trusting it for financial advice.
AI's impact on financial and retirement planning: https://money.ca/managing-money/retirement/should-canadians-trust-ai-for-retirement-planning
Subscribe to our clips YouTube channel: https://www.youtube.com/channel/UCwY3ZvNc_qCU-WuIKh-aulA
Chapters
0:00 Intro
0:19 What age should you start an RRSP meltdown?
4:08 Can you move RRSP/RRIF investments to other accounts?
6:00 Do you need a cashflow wedge if you don't need the money?
10:19 Planning for long-term care if only one spouse needs it
15:47 Can you pause CPP to start an RRSP meltdown?
19:41 Planning considerations for single retirees
24:10 Putting your kids on cottage title to avoid tax
28:22 What income qualifies for income splitting?
32:39 Is TFSA transferred tax-free to beneficiaries upon death?
34:32 Start CPP early to pay down mortgage?
40:12 Should you trust AI for financial and retirement advice?
48:55 RRIF/LIF minimums with private credit & equity investments

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
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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