These 5 Retirement Ages Can Change Your Tax Plan

Retirement isn’t one switch you flip at 65—it’s a series of “gear-change” ages that affect CPP, OAS, and when your RRSP turns into mandatory RRIF withdrawals. In this video, I'll highlight five key birthdays and what each one changes, so you can avoid tax surprises, reduce the odds of OAS clawback, and keep more control over your income plan. If you’re within 10–20 years of retirement (or already easing into it), this gives you a timeline you can actually use. _________________________ 🗓️ Book a call to discuss your Personalized Retirement Strategy: https://www.fergusonfinancialplanning... 📩 Get insights right to your inbox: https://www.fergusonfinancialplanning... _________________________ 🎬 Chapters Intro 0:00 Retirement “gear changes” — 1:51 Age 55: getting organized — 3:-02 Age 60: a permanent choice — 4:11 The “maximum CPP” assumption — 6:17 Age 65: stacking income — 7:33 Age 70: the last deferral door — 8:58 Age 71: the hard deadline — 10:27 Putting the timeline together — 11:43 Recap — 12:40 _________________________ Jacqueline Ozdemir is a Financial Advisor at CI Assante Wealth Management Ltd. CI Assante Wealth Management Ltd. is a Member of the Canadian Investor Protection Fund and the Canadian Investment Regulatory Organization. Insurance products and services are provided through Assante Estate and Insurance Services Inc. This material is provided for general information and should not be considered individual investment, tax, accounting, or legal advice, or construed as an offer or solicitation to buy or sell securities. The statements and opinions expressed are those of the presenter(s) and not necessarily those of CI Assante Wealth Management Ltd. All opinions expressed and information provided herein are subject to change without notice. Every effort has been made to compile this material from reliable sources as at the date indicated however, no warranty can be made as to its accuracy or completeness Market conditions may change which may impact the information contained herein. All charts and illustrations in this document are for illustrative purposes only and they are not intended to predict or project investment results. In considering any particular investment or investment strategy, please remember that past performance is no guarantee of future performance. We caution you not to place undue reliance on any statements that are predictive in nature, depend upon or refer to future events or conditions, as a number of factors could cause actual events or results to differ materially from those expressed in any forward-looking statement, including economic, political and market changes and other developments. The information contained herein may not apply to all types of investors. Before acting on the information presented, please seek professional financial advice based on your personal circumstances.