Your Retirement "Go-Go" Years Are Limited (Spend Them Wisely) | Retirement Unpacked Ep 043

Work with our team: https://www.parallelwealth.com/planning In episode 43 of Retirement Unpacked, Adam and Brett discuss the laddered income strategy and whether it makes sense to use inflation as your “ladder,” what your options are if your TFSA is maxed and you still have excess funds, whether RRSPs make sense if you have a pension, if you only need a cashflow wedge in the accounts you’re actually withdrawing from, and much more. Later in the episode, Paul Grenier joins to discuss a case study involving a couple who recently refinanced their mortgage, invested the proceeds in the markets, and are now looking at retiring early. The case looks at how shifting assumptions and expectations can impact the planning process, and why it’s important for both partners to be aligned and prepared before starting to plan for retirement. If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services: ➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning ➡️Retirement Income Program™: https://www.parallelwealth.com/invest... ➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education More from Parallel Wealth: 🔗https://linktr.ee/parallelwealth The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each product and service we provide links to. DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes. The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content. TIMESTAMPS 0:00 Intro 0:18 Can you let inflation 'ladder' your retirement spending? 5:57 RRIF to non-registered strategy 9:05 Maxed TFSA in retirement, where should excess funds go? 14:20 Attribution rules when you have 2 spousal RRSPs 18:06 Do RRSPs make sense if you have a pension? 26:02 Does TFSA go to spouse if you list them as beneficiary? 30:16 Can you partially convert your RRSP? 35:37 Do you only need cashflow wedge in the accounts you're withdrawing from? 41:19 Tax implications when passing on assets to next generation 47:26 What does our retirement planning process look like? 50:20 Expectations vs reality in retirement planning (case study) 55:05 Will it ever make sense to defer OAS but not CPP?