))
Ep #108: Customize Your Retirement Strategy: There's No One-Size-Fits-All Approach
Manage episode 441995514 series 3008801
Content provided by Joseph Curry and CFP Professional. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joseph Curry and CFP Professional or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
We answer a listener's question about balancing RRSP and RIF withdrawals in retirement while minimizing taxes. We highlight the importance of personalized planning, discussing when it makes sense to defer withdrawals for tax-deferred growth and when early withdrawals could help reduce future tax liabilities like OAS clawbacks.
Joe emphasizes that strategies like delaying CPP or OAS or adjusting withdrawal timing depend on individual goals, income sources, and estate considerations, stressing that no single approach fits all situations.
Read the full show notes and find more information here: Ep 108 Show Notes
101 episodes
Share
