Why Retirement Changes Once You Save $1.5M in Canada

(37) The $1.5 million retirement benchmark misses a critical variable: where you live and whether you own or rent. Brian walks through how to find your real retirement number, the three-bucket RRSP/RRIF/TFSA withdrawal sequence that keeps you under the OAS clawback threshold, a two-year cash buffer to survive sequence-of-returns risk, and how deferring OAS to age 70 adds $3,132 per year in guaranteed income — a practical four-step plan for Canadians aged 55–65. Timestamps: 00:00 – Why the $1.5M retirement benchmark doesn't fit most Canadians 01:41 – Your real retirement number based on housing costs and province 06:13 – RRSP and TFSA withdrawal order to avoid the OAS clawback 10:06 – Sequence-of-returns risk and the two-year cash buffer strategy 13:32 – Deferring OAS to 70 and maximizing guaranteed retirement income 16:46 – Four-step retirement action plan for Canadians Hashtags: #canadianretirement #retirementplanning #oasclawback #rrspwithdrawal #tfsa