Why CRA Loves It When You Only Take the RRIF Minimum

(42) Why does CRA seem to reward Canadians who only take their RRIF minimum? Because the withdrawal schedule set out in Section 146.3 of the Income Tax Act lets your RRIF keep growing faster than you draw it down, turning into a bigger, fully taxable balance that could cost your estate over $200,000 by your mid-80s. Brian breaks down a simple RRSP-to-TFSA strategy between age 60 and 71 that can cut that lifetime tax bill by $40,000 to $80,000, even after the 2026 OAS clawback threshold. See the real math, a market-downturn stress test, and exactly how to start before RRIF minimums lock in your choices. Timestamps: 00:00 – Why CRA's RRIF minimum schedule isn't the safe choice it looks like 02:08 – The math behind how a shrinking RRIF actually keeps growing 07:01 – The tax rule that proves the strategy, explained plainly 14:56 – Why "I don't need the money" backfires, and what to do instead 15:15 – The simple framework, step by step Hashtags: #rrifminimum #canadianretirement #rrspmeltdown #oasclawback #retirementplanning