In this episode of the Retirement IQ Podcast, retirement wealth coach John Springer tackles a concern he hears all the time from friends and family: “I wish I’d never bought RRSPs.” That frustration usually comes from the shock of paying tax when RRSP money is withdrawn. In this episode, John sets the record straight and explains why RRSPs are not the problem — poor planning is.

John walks through how RRSPs are designed to work, from tax-deductible contributions during high-earning years to tax-deferred growth over time. He explains what happens when RRSPs must be converted to a RRIF by age 71, why mandatory withdrawals can create higher taxable income, and how this can often be avoided with the right strategy.

The conversation covers smart planning techniques such as drawing down RRSPs earlier in retirement, using spousal RRSPs to split income, and coordinating RRSP withdrawals with the timing of CPP and OAS. With practical examples and clear guidance, this episode shows how thoughtful RRSP planning can significantly reduce lifetime taxes — and why, when used correctly, RRSPs remain one of the most powerful tools in a well-built retirement income plan.

In this episode of the Retirement IQ, retirement wealth coach John Stregger walks listeners through the essentials of building a secure and reliable retirement income plan. With the number one concern for Canadians over 55 being the fear of running out of money, John focuses on how to create guaranteed lifetime income that can support you through an unknown retirement timeline.

John breaks down the five key sources of retirement income, including Old Age Security (OAS), the Canada Pension Plan (CPP), defined benefit pension plans, life annuities, and Guaranteed Investment Funds (GIFs). He explains how each works, when they make sense, and the role they can play in creating a dependable income foundation.

The episode emphasizes the importance of establishing a base level of guaranteed income to cover essential expenses, then layering additional income to support the lifestyle you want in retirement. With clear explanations and practical guidance, John shows how combining different income tools can help reduce risk, increase confidence, and bring clarity to your overall retirement income strategy.

In this episode of the Retirement IQ Podcast, retirement wealth coach John Stregger takes a closer look at one of Canada’s most important retirement benefits, Old Age Security (OAS). Building on last week’s discussion about the Canada Pension Plan (CPP), John explains how OAS works, who qualifies, and how to make the most of this lifetime benefit.

Learn why OAS is a taxable benefit starting at age 65, how your income affects what you receive, and what happens if you cross the OAS clawback threshold. John shares smart strategies to reduce or avoid the clawback, including deferring OAS, income splitting, and timing your RRSP withdrawals to manage your taxable income.

With practical examples and clear insights, this episode helps you understand how OAS fits into your overall retirement income strategy—and how careful planning today can help you maximize your income tomorrow.

In this episode of the Retirement IQ Podcast, retirement wealth coach John Stregger tackles some of the most common misconceptions about the Canada Pension Plan (CPP). Many Canadians wonder if the CPP will still exist when they retire or how much income they can really expect. John breaks down the facts to help you plan with confidence.

Learn how CPP benefits are calculated, when it might make sense to start or defer payments, and why the plan remains financially stable for decades to come. John also explores how CPP fits into the bigger retirement picture, alongside strategies to reduce taxes, optimize investment portfolios, and secure reliable income.

Whether you’re approaching retirement or just starting to plan, this episode will help you understand how to make CPP work for you.

In this episode of the Retirement IQ Podcast, host John Stregger welcomes renowned financial planner, author, and New York Times columnist Carl Richards to explore the powerful connection between money and life. Carl, famously known as the “Sketch Guy”, shares how his simple illustrations make complex financial concepts easy to understand. Discover why financial planning should align with your life goals, and the importance of having open, honest money conversations within families. Packed with practical wisdom and inspiring stories, this episode will help you rethink wealth, reduce financial stress, and create a retirement that supports true joy and fulfillment. 

To learn more visit www.freeretirementreport.ca

In this episode of the Retirement IQ Podcast, retirement wealth coach John Stregger unpacks one of the biggest risks to your retirement: market volatility. Learn why volatility can help during your savings years but harm you during retirement withdrawals, and how to protect yourself with smart strategies. John explains the cash wedge strategy, a proven approach to secure income for the first three years of retirement while keeping your long-term investments working for growth. With insights on risk management, longevity planning, and building financial confidence, this episode will help you safeguard your retirement and enjoy peace of mind for the years ahead. 

To learn more visit www.freeretirementreport.ca

In this episode of the Retirement IQ Podcast, retirement wealth coach John Stregger explores the overlooked side of retirement planning: knowing when to retire and how to create a meaningful life beyond money. Learn why retirement is more than just financial stability, how to identify your core values and passions, and the importance of “test driving” activities before leaving work. With real client stories and practical strategies, John shows you how to design a retirement that balances financial confidence and peace of mind. 

To learn more visit www.freeretirementreport.ca

In this episode of the Retirement IQ Podcast, retirement wealth coach John Stregger explains why a true retirement plan goes far beyond investment strategies. Discover how to align your money with your values and goals, the difference between a retirement plan and an investment plan, and why your plan should be a living document that evolves with life changes, markets, and tax laws. Packed with real client stories and practical advice, this episode will help you build a retirement strategy that ensures financial security, reduces taxes, and supports the lifestyle you’ve always envisioned.

To learn more visit www.freeretirementreport.ca

In the first episode of Retirement IQ Podcast, retirement wealth coach John Stregger reveals how to take control of your financial future and avoid “financial autopilot” in your 50s and 60s. Learn how to build your retirement blueprint, turn savings into reliable income, reduce taxes, and make smart choices about CPP, pensions, and estate planning. With 25+ years of experience, John shares proven retirement strategies, practical money tips, and inspiring stories to help you create financial freedom and live your best life in retirement.

To learn more visit www.freeretirementreport.ca