In episode 21 of Retirement Unpacked, Adam and Michael break down a number of questions we have gotten about the cashflow wedge. 

They discuss whether a 75/25 investment can function as a cashflow wedge, whether it makes sense to only withdraw the minimum from your wedge in down markets, and how asset allocation and cashflow wedges should be handled across different accounts like RRIFs, LIFs, TFSAs, and non-registered accounts. The episode also covers the CPP post-retirement benefit, planning for real estate that continues to increase in value during retirement, and much more.  

Later in the episode, one of our planners, Peter Filippakis, joins to discuss planning considerations when there’s an age gap between partners, and the additional factors retirees need to think through in those situations. 

Chapters

00:00 Intro 

00:37 What is the Post Retirement Benefit? 

1:59 How gradual retirement in early 60s affects CPP 

3:34 Should DC pension balance be added to RRSP? 

4:54 Use a 75%/25% investment for cashflow wedge? 

7:29 What happens to DCPP when you retire? 

9:40 Can you reinvest dividends in RRIF? 

10:55 Withdraw minimum from LIF/RIF in down markets? 

15:33 Planning for real estate increasing in value in retirement 

17:43 Asset allocation & cashflow wedge across your accounts 

20:24 Do you still need bonds if you have cashflow wedge? 

23:26 Planning when there's an age gap