Even high-net-worth retirees can fall into the trap of financial complexity, with multiple accounts, different advisors, and no clear strategy. In this episode, Joe Curry explains why simplifying your financial life can create more control, smarter tax planning, and greater peace of mind. Learn how coordination, clarity, and a single cohesive plan can strengthen your retirement income strategy.

Key Takeaways

Complexity creates confusion and missed opportunities. When investments are scattered across institutions, it's hard to see the big picture — leading to inefficiency and inaction.

Diversification isn't about having money with many advisors. Real diversification happens when your investments are coordinated under one structured portfolio that works in harmony.

Simplification unlocks smarter tax planning. With a unified view, you can coordinate RRSP, TFSA, and non-registered withdrawals to minimize lifetime taxes and avoid OAS clawbacks.

A coordinated plan gives you clarity and confidence. Seeing your full financial picture in one place makes it easier to make decisions and understand how each dollar supports your goals.

An advisor helps you stay simple and strategic. A great advisor continually reviews, rebalances, and coordinates your plan — keeping things clear, efficient, and aligned with your life.

Resources

• YRPS Ep # 134 – Smart Tax Strategies for More Efficient Retirement Planning
• A previous episode of YRPS that touches on how to build a tax-efficient retirement income plan
• Book a Call with Matthews + Associates

Thank you for listening!

You can get a full breakdown of each episode on our blog: https://www.retirementplanningsimplified.ca/blog

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12

Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement.

Learn more here: https://matthewsandassociates.ca/vsl/

About Joe Curry

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, Joe and his team are committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website: https://www.retirementplanningsimplified.ca/

Website: https://matthewsandassociates.ca/vsl/

About Retirement Planning Simplified

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/
• Instagram: https://www.instagram.com/retirement_planning_simplified
• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog
• Youtube: https://www.youtube.com/@retirementplanningsimplified

Disclaimer

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

In this episode of Your Retirement Planning Simplified, Joe Curry unpacks essential cybersecurity lessons for retirees, based on insights from expert Darren Mar, Director of Client Solutions at NPC Dataguard, who recently led an informative cybersecurity webinar for clients of Joe's firm, Matthews + Associates. Learn how to protect your retirement savings, personal data, and peace of mind from online threats with simple, practical steps that safeguard your digital and financial life.

Key Takeaways

Cybersecurity is part of retirement security. Your wealth, identity, and digital assets are all connected — protecting them is as important as managing your investments.

Most cyberattacks target individuals, not just corporations. Retirees are prime targets because of their savings, steady income, and tendency to trust legitimate-looking communications.

Five essential layers of protection. Multi-factor authentication, long passphrases, regular software updates, secure backups, and professional-grade security tools dramatically reduce your risk.

Awareness beats fear. You don't need to be a tech expert — just build consistent habits, question unexpected messages, and know what to do if something feels off.

Peace of mind is part of your plan. Cybersecurity helps protect not only your money but your confidence and independence in retirement.

Resources

• Darren Mar, Director of Client Solutions at NPC Dataguard
• Darren recently led a webinar about Cybersecurity for our Fall 2025 Client Event at Matthews + Associates
• Cybersecurity & Identity Theft Checklist
• Request your free copy by emailing us: [email protected]
• YRPS Ep #97 Blog: Safeguard your Savings: Outsmart Cybercriminals Targeting Your Money with Scott Wright
• Previous YRPS episode with related content
• Matthews + Associates

Thank you for listening!

You can get a full breakdown of each episode on our blog: https://www.retirementplanningsimplified.ca/blog

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12

Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement.

Learn more here: https://matthewsandassociates.ca/vsl/

About Joe Curry

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, Joe and his team are committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website: https://www.retirementplanningsimplified.ca/

Website: https://matthewsandassociates.ca/vsl/

About Retirement Planning Simplified

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/
• Instagram: https://www.instagram.com/retirement_planning_simplified
• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog
• Youtube: https://www.youtube.com/@retirementplanningsimplified

Disclaimer

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

When it comes to CPP timing, the math often says "wait until 70" - but life isn't lived in a spreadsheet. In this episode, Joe Curry explores why taking your Canada Pension Plan early—sometimes even at 60—can be a smart, meaningful choice for your lifestyle, legacy, and peace of mind.

Key Takeaways from this Podcast

1. CPP timing isn't just about math — it's about meaning. The "optimal" financial choice may not be the one that helps you live your best retirement.
2. Taking CPP early can increase flexibility. Early benefits can fund experiences, family gifts, or charitable giving when you're healthiest and most active.
3. Zero-earning years can reduce your benefit. If you retire before 65 but delay CPP, those years may count against you in the CPP calculation.
4. Not everyone needs longevity insurance. If you have pensions, rental income, or sufficient savings, delaying CPP might not be worth the trade-off.
5. Behavioral comfort matters. If you're hesitant to draw from investments, that monthly CPP cheque might help you enjoy your retirement more freely.

Resources Mentioned in this Podcast

• Episode 157: How to Delay CPP to Age 70 Without Sacrificing Retirement Income
• Episode 106: Understanding Your Retirement Income Personality for Success, with Wade Pfau
• Matthews & Associates Retirement Planning Process

Thank you for listening!

You can get a full breakdown of each episode on our blog: https://www.retirementplanningsimplified.ca/blog

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12

Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement.

Learn more here: https://matthewsandassociates.ca/vsl/

About Joe Curry

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, he is committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website: https://www.retirementplanningsimplified.ca/

Website: https://matthewsandassociates.ca/vsl/

About Retirement Planning Simplified

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/
• Instagram: https://www.instagram.com/retirement_planning_simplified
• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog
• Youtube: https://www.youtube.com/@retirementplanningsimplified

Disclaimer

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

Wondering if your retirement portfolio is really performing well? In this episode of Your Retirement Planning Simplified, Joe Curry explains why comparing your portfolio to indexes like the TSX or S&P 500 can be misleading. Learn how to evaluate investment performance based on your personal goals, asset mix, and income needs — not on market headlines.

Key Takeaways from this Episode

Stop Comparing to the TSX. Your retirement portfolio is designed for stability and income, not for competing with stock indexes built for accumulation.

Diversification Is the Real Benchmark. A well-structured retirement portfolio should include Canadian, U.S., international, and fixed-income holdings — each with its own purpose.

Asset Allocation Should Reflect You. Your mix of stocks and bonds should align with your risk tolerance, income needs, and guaranteed income sources like CPP, OAS, or pensions.

Evidence Beats Guesswork. Research like the SPIVA scorecard consistently shows that active managers rarely beat the market after fees — supporting an evidence-based approach.

Stay Focused on Purpose, Not Performance Chasing. Evaluate your portfolio by asking whether it's helping you meet your income goals and maintain peace of mind, not whether it's "winning" against the market.

Resources Mentioned in this Episode

SPIVA® Canada Scorecard (S&P Global)

Previous Episode of YRPS: The Bond Tent Strategy

Thank you for listening!

You can get a full breakdown of each episode on our blog: https://www.retirementplanningsimplified.ca/blog

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12

Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement.

Learn more at https://matthewsandassociates.ca/our-process/

ABOUT JOE CURRY

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, he is committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website:

https://www.retirementplanningsimplified.ca/

https://matthewsandassociates.ca/

https://www.facebook.com/RetirementPlanningSimplified/

ABOUT RETIREMENT PLANNING SIMPLIFIED

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/

• Instagram: https://www.instagram.com/retirement_planning_simplified

• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog

• Youtube: https://www.youtube.com/@retirementplanningsimplified

DISCLAIMER

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

In this episode of Your Retirement Planning Simplified, Joe breaks down the five and a half guaranteed retirement income sources every Canadian should understand—from CPP and OAS to pensions and annuities. Learn how to build a dependable retirement income floor so you can retire with confidence and weather any market conditions.

Key Takeaways from this Episode

1. Defined Benefit Pensions – A disappearing but powerful guaranteed income source, backed by employers or plan sponsors. Know your plan's funding health and inflation protection.
2. Canada Pension Plan (CPP) – One of the most reliable lifetime income streams. Delaying CPP can act as "longevity insurance," boosting payments by 8.4% per year after age 65.
3. Old Age Security (OAS) – Government-funded and guaranteed, but subject to clawbacks for higher-income retirees — making tax-efficient withdrawal strategies critical.
4. Annuities – Think of these as "do-it-yourself pensions." You exchange a lump sum for guaranteed lifetime income, ideal for those who value simplicity and peace of mind.
5. Guaranteed Minimum Withdrawal Benefits (GMWBs) – Hybrid investment-insurance products that can provide guaranteed income while keeping you invested, though often with complexity and higher fees.

Bonus ("Half") Sources: GIS for lower-income retirees and rental income, which may feel stable, but lacks a true guarantee.

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12

Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement.

Learn more at https://matthewsandassociates.ca/our-process/

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

ABOUT JOE CURRY

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, he is committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website: https://www.retirementplanningsimplified.ca/

https://www.facebook.com/RetirementPlanningSimplified/

https://matthewsandassociates.ca/

ABOUT RETIREMENT PLANNING SIMPLIFIED

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/

• Instagram: https://www.instagram.com/retirement_planning_simplified

• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog

• Youtube: https://www.youtube.com/@retirementplanningsimplified

DISCLAIMER

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

Most retirees view mandatory RIF withdrawals as a tax trap—but what if they're actually a strategic advantage?

In this episode, Joe Curry explains how smart RIF planning can reduce lifetime taxes, protect OAS and government benefits, and even help grow wealth.

Learn how to use income smoothing, tax brackets, and the three-bucket strategy to master retirement income planning.

Key Takeaways

· RIF withdrawals aren't a punishment—they're part of a tax-deferred system designed for the decumulation phase of retirement.

· Starting RRSP withdrawals early can smooth out income and prevent OAS clawbacks later in life.

· The pension tax credit offers up to $2,000 in RIF withdrawals tax-free after age 65.

· Using the three-bucket strategy—pre-tax, tax-free, and taxable—helps optimize annual withdrawals and minimize taxes.

· Annual reviews are essential to adapt your withdrawal strategy as tax rules, income, and benefits change.

—------------------------------------------------------------

Ready to take the next step?

Identify your retirement income style with the RISA questionnaire at https://account.myrisaprofile.com/invitation-link/88QG1TMQ12 Want a retirement plan that adapts as your life evolves?

Discover our True Wealth Roadmap — a step-by-step process to align your finances with your ideal retirement. Learn more at https://matthewsandassociates.ca/our-process/

Don't forget to like, comment, and subscribe for more simplified retirement planning insights!

—------------------------------------------------------------

ABOUT JOE CURRY

Joseph Curry, also known as Joe, is the host of Your Retirement Planning Simplified, Canada's fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, he is committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it's about creating meaningful experiences with loved ones and fostering opportunities for the future.

You can reach out to Joe through:

LinkedIn: https://www.linkedin.com/in/curryjoe

Website:

https://www.retirementplanningsimplified.ca/

https://matthewsandassociates.ca/

https://www.facebook.com/RetirementPlanningSimplified/

ABOUT RETIREMENT PLANNING SIMPLIFIED

Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure.

To know more about RPS you can visit the links below:

• LinkedIn: https://www.linkedin.com/company/retirement-planning-simplified/

• Instagram: https://www.instagram.com/retirement_planning_simplified

• Podcast/Blog: https://www.retirementplanningsimplified.ca/blog

• Youtube: https://www.youtube.com/@retirementplanningsimplified

—-------------------------------------------------------------

Disclaimer:

Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

What if the hardest part of retirement isn't money, markets, or even health but your identity?

In this episode of Retirement Planning Simplified, Joe Curry talks with Elizabeth Zelinka Parsons, retirement transition expert and author of Encore: A High Achiever's Guide to Thriving in Retirement.

Elizabeth shares her own story of leaving a demanding law career, struggling with a loss of purpose, and rebuilding her identity in a way that now helps others do the same. Together, Joe and Elizabeth talk about why retirement is more than a finish line, it's a reinvention.

Check out the show notes for EP161 HERE.

What happens when someone finally retires only to pass away months later?

In this episode of Retirement Planning Simplified, Joe talks about the surprising connection between retirement, health, and longevity. This isn't doom and gloom, it's a wake-up call to design a retirement that's not just long-lasting, but meaningful.

Check out the show notes for EP160 HERE.

In this episode of Retirement Planning Simplified, Joe Curry talks with Dr. Meghaan Lurtz, a financial psychology professor at Kansas State University. They explore why money decisions in retirement are often driven by emotions, not just numbers.

You'll learn how to handle common retirement worries, manage money disagreements with your spouse, and build healthier money habits through intentional spending. She also explains "money scripts",the hidden beliefs shaping your financial behavior, and how financial planners can support more than just investments.

Check out the show notes for EP159 HERE.

Most people think money problems are about numbers but what if the real obstacle is us?

In this episode, Joe sits down with Carl Richards, author, speaker, and creator of The Sketch Guy column in The New York Times, to explore why simplicity is so powerful in financial planning. Carl explains how his famous sketches reveal money for what it really is, a tool to live the life you want, and why the best advice isn't about picking investments, but aligning your money with your values.

Check out the show notes for EP158 HERE.