Mastering Your Wealth

The Shift from Pensions to Personal Planning


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In this episode of Mastering Your Wealth, David discusses the transition from traditional pensions to personal retirement planning. He emphasizes the importance of creating a personal pension through careful financial analysis and planning. The conversation covers the shift from accumulation to income distribution in retirement, highlighting the need for effective tax planning to avoid unexpected tax burdens. David explains the implications of required minimum distributions (RMDs) and the potential for higher tax brackets in retirement.  

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Mastering Your WealthBy David Gagnon