Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started

Retirement tax planning is about far more than simply filing your taxes each year. The decisions you make today can have a major impact on your future income, government benefits, and long term financial security.

In this episode of Retiring Canada, we break down Step 3 of the Fundamental Retirement Plan: Tax Planning.

You will learn the difference between tax planning and tax advice, how investment allocation and income planning directly impact your tax strategy, and several common tax planning opportunities retirees often overlook. We also discuss RRSP and RRIF withdrawals, TFSA optimization, pension income splitting, CPP sharing, OAS clawbacks, non-registered account efficiency, and planning around large taxable events such as rental property sales.

We also explain why thoughtful tax planning can create significantly more flexibility throughout retirement while helping reduce future estate tax exposure and improve long term after tax retirement income.

This episode is for Canadian retirees, business owners, and pre-retirees who want a better understanding of how coordinated tax planning can help protect and maximize retirement wealth over time.

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EPISODE RESOURCES:
📊 Work with Michael: https://fundamentalwealth.ca/get-started

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🌐 Retiring Canada Website: https://www.retiringcanada.ca