Retirement Unpacked

In episode 41 of Retirement Unpacked, Jon and Martin break down what happens to your TFSA upon death, whether or not the CRA allows you to take a loan to invest in your TFSA, how income splitting rules differ between defined benefit pensions and RRIFs, the differences between QPP and CPP, if it makes sense to start planning for retirement 20 years out, and much more.
Later in the episode, Peter Filippakis     joins to go over a corporate meltdown case study involving a couple in their mid-50s who recently sold their business and are now left with a large corporation to draw down. He goes through how to coordinate dividends, the RRSP meltdown, and government benefits, and how to sequence everything in a tax-efficient way.
 
Chapters
0:00 Intro
0:13 What happens to your TFSA upon death
0:55 Does the CRA allow you to take a loan to fund your TFSA?
3:55 Do you need a cashflow wedge if you have a pension?
5:08 Income splitting: RRSP vs. Pension
6:56 How do spousal RRSPs work
10:01 Is the OAS clawback threshold after-tax?
12:22 Differences between QPP and CPP
16:26 CPP timing when receiving the survivor's pension
20:41 Can it ever be too early to start planning for retirement?
26:39 Corporate meltdown case study
37:35 The importance of term insurance

In episode 40 of Retirement Unpacked, Michael and Mathieu   break down why you should consider converting your RRSP to a RRIF prior to age 71, the differences between a RRIF and LIF, if it makes sense to meltdown a large RRSP, considerations before purchasing a life insurance policy, tax implications of passing on wealth, and much more.
Later in the episode, Gord Manzer   joins to discuss a real life case study and explain why retirement decisions can’t be made in isolation. Many Canadians look at CPP, OAS, pensions, RRSPs, and TFSAs as separate pieces, but in reality, every decision affects taxes, income, and your overall retirement plan.Chapters
0:00 Intro
0:28 Why convert RRSP before 71
2:52 Differences between a RRIF and LIF
4:41 Can you buy and sell stocks in a TFSA the same year?
5:48 Can investment firms limit how much tax is withheld?
8:49 Consolidating non-reg accounts into a life insurance policy
15:00 Does it make sense to meltdown large RRSP?
20:14 Single and 65: Is there a benefit to start drawing down RRSP?
23:22 If I move money from RRIF to TFSA, is it taxable?
24:12 How do RRIF withdrawals affect OAS clawback?
26:07 How to use a whole life policy for retirement income
28:59 Tax implications of passing on wealth
32:11 Why retirement decisions shouldn't happen in isolation
36:33 Beneficiary vs. successor holder for TFSAs

In episode 39 of Retirement Unpacked, Matthew and Peter break down how to gift money early from your non-registered account in a tax-efficient way, where you should invest after maxing out your RRSP and TFSA, how your RRSP meltdown strategy should change when markets overperform or underperform your plan, HOOPP pensions, and much more.
Later in the episode, Martin Goudreault  joins to walk through a real-life case study involving a family cottage, joint ownership, and the tax and estate planning implications that come with transferring property between generations.Chapters
0:00 Intro
0:20 How to gift money early tax-efficiently
4:56 Trigger capital gains pre-retirement when in a low tax bracket?
8:47 Where should you invest after RRSP & TFSA?
12:25 Should you adjust RRSP meltdown if the market is down?
15:44 Adjusting your drawdown strategy when markets outperform plan
21:24 Does an RRSP meltdown make sense if you have large non-registered account?
25:15 Do you need a cashflow wedge if you have a pension?
30:53 Pension +  RRSP meltdown strategy
33:10 Understanding HOOPP pensions
42:02 Considerations when commuting your pension
45:32 How joint ownership affects cottage taxes (case study)
54:08 Should you withdraw monthly in retirement?

In episode 38 of Retirement Unpacked, Brett and Gord break down options if you are paying high fees and not getting any advice, the attribution rules around joint non-registered accounts, what age you can split your RRIF income with your spouse, whether it makes sense to ladder your income if you're concerned about long-term care, if it makes sense to start CPP early so you can collect the PRB and invest your payments, and much more.
Later in the episode, Mathieu Huneault   joins to discuss a recent client situation where a couple sold their home and moved into their cabin full-time, and the planning considerations that came with it. We break down how the principal residence exemption combined with RRSP contributions were used together to help create a more tax-efficient plan.Chapters
0:00 Intro
0:46 Paying high fees and getting no advice
7:10 Joint non-registered attribution rules
12:48 DIY planning software
18:17 CPP disability calculation
21:33 What age can you split RRIF income
24:44 How to dispose of an RESP
32:37 How to calculate probate
35:38 How to plan for long-term care
40:05 Can you move money from LIF to spousal RRSP tax-free?
43:11 Taking CPP early, collecting the PRB and investing it
52:17 Principal Residence Exemption planning
1:01:25 Budgeting for trips

In episode 37 of Retirement Unpacked, Adam and Brett break down if it makes sense to withdraw more from your RRIF than you actually need, why your cashflow wedge should not be outside of your registered accounts, how to plan around an inheritance, RRSP and RRIF strategies if you are single, and much more.
Later in the episode, Maria Dawes from Capstone Asset Management joins to discuss values-based investing, what it is, how to align your investing with your values and worldview, and the key questions to ask your advisor if this is something that is important to you.Chapters
0:00 Intro
0:16 Withdraw more from your RRIF than you need?
3:39 Does income splitting have to be 50/50?
7:10 Use spousal RRSP vs. collecting GIS
11:05 Why can't your cashflow wedge be outside your registered accounts?
15:45 Borrow from home equity to max out TFSA?
19:28 How to plan for inheritances
25:10 What is the benefit to lowering the OAS clawback threshold?
30:34 Should you delay OAS to avoid the clawback?
38:40 RRSP/RRIF strategies for singles
42:45 DB survivor benefit & spousal drawdown timing
48:39 What is values investing with Maria Dawes
56:13 What are you really paying in fees?