Financial Planner Answers Your Canadian Retirement Questions

Work with our team: https://www.parallelwealth.com/planning In this video, I'll go a number of questions from our viewers, all about retirement, tax, and estate planning for Canadians. 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 - Is CPP adjusted for inflation as you delay? 1:11 - Why delay CPP when it'll be lost to taxes? 4:05 - How do non-contributory years affect CPP? 5:44 - How accurate is the PWL CPP calculator? 6:48 - Should you start CPP early if you have a pension? 8:16 - Income splitting age eligibility 9:07 - How to meltdown a corporation? 11:40 - Can you withdraw the LIF maximum after unlocking? 13:02 - How to track Adjusted Cost Base 14:52 - How is the 10% OAS bump at 75 calculated? 15:45 - Is OAS clawback based on both spouses’ income? 16:47 - How to meltdown an RESP