The $100,000 RRSP Mistake (Free Calculator Inside)

Two Canadians retired the same year with identical savings ten years later, one had $100,000 more. The only difference? The ORDER they withdrew their money. This video breaks down the exact RRSP withdrawal strategy that defuses the tax bomb at 71, avoids the OAS clawback, and keeps more of your retirement income. 🧮 FREE Withdrawal Order Calculator: https://rrspwithdrawalcalculator.netl... plug in your own accounts and see your six-figure swing in 5 minutes. You'll learn: -Why the "responsible" withdrawal order your bank recommends is the most expensive one -The RRSP tax bomb and the golden window (age 60–71) to defuse it at the lowest tax rate -The exact order to withdraw from your RRSP, TFSA and non-registered accounts -How to avoid the OAS clawback by keeping income under the ~$95,000 threshold (worth $8,000+/year) -When delaying CPP and OAS to age 70 beats taking them early (+42% and +36% for life) If you've ever wondered: – Should I withdraw from my RRSP or TFSA first in retirement? – How do I avoid the OAS clawback in Canada? – What happens to my RRSP at age 71 (RRIF conversion)? – Should I take CPP at 60, 65, or 70? – What is the RRSP meltdown strategy? …this video answers all of it, step by step. ⏱ CHAPTERS 0:00 The $100,000 Mistake 0:59 What You'll Learn 2:17 Your Three Buckets (RRSP, TFSA, Non-Registered) 3:54 The RRSP Tax Bomb at 71 5:52 Why the Default Withdrawal Order Backfires 7:57 The Meltdown Years: Age 60 to 71 10:00 The OAS Clawback Shield 12:00 CPP & OAS Timing: When to Take Them 14:12 Building Your Withdrawal Map 16:10 5 Costly Mistakes + Your Province 📊 TOOLS & LINKS Free Withdrawal Order Calculator: https://rrspwithdrawalcalculator.netl... Wealthsimple (get a $25 bonus): https://www.wealthsimple.com/invite/E... New here? The Maple Finance is where regular Canadians figure out money no suits, no jargon, no sales pitch. Subscribe for practical videos on RRSPs, TFSAs, CPP & OAS, taxes, and retiring comfortably in Canada. This video is for education only and is not financial advice. Always do your own research or speak with a qualified professional. Figures current as of mid-2026 (OAS recovery threshold for 2026 income: $95,323). #RRSP #TFSA #OASClawback #RetirementCanada #CPP #RRSPWithdrawal #CanadianPersonalFinance #RetirementPlanning