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

Saving aggressively for retirement is usually seen as a good thing, but over saving can create a new set of financial and tax planning challenges later in life.

In this episode of Retiring Canada, we discuss the hidden issues that can arise when retirees accumulate more wealth than they actually need to sustain their lifestyle.

You will learn how large RRSPs, multiple properties, and significant non-registered investments can create future tax problems, OAS clawbacks, and substantial estate tax liabilities if not properly managed. We also explain why tax wise decumulation, income splitting, and long term retirement planning become increasingly important for over savers.

We also discuss the emotional side of retirement, including the fear of spending, creating memories with family, charitable giving strategies, and building a lasting legacy.

This episode is for financially successful Canadians who want to better understand how to manage abundance, reduce future taxes, and make the most of the wealth they have built over a lifetime.

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

💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter

👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide

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