When Should You Start Withdrawing From Your RRSP: A Retirement Tax Strategy скачать в хорошем качестве

When Should You Start Withdrawing From Your RRSP: A Retirement Tax Strategy

When should you start withdrawing from your RRSP? The timing of RRSP withdrawals can have a major impact on taxes, Old Age Security clawback, and how long your savings last in retirement. In this video, I explain how RRSP withdrawals work, when you’re required to convert your RRSP to a RRIF, and why waiting until age 72 isn’t always the best strategy. I also walk through a detailed case study comparing withdrawal approaches to show how income smoothing can reduce lifetime taxes and preserve government benefits. I’m Nick Hearne, CFA and CFP, Financial Advisor and Portfolio Manager at RGF Integrated Wealth Management. I help Canadians make smarter, tax-efficient retirement income decisions. #rrsp #rrif #retirementplanning #canadafinance 📘 Download the Free Retirement Income Planning Toolkit Worksheets, checklists, and step-by-step planning guides: https://www.rgfwealth.com/advisors/ni... 📬 How We Help Learn more about our approach: https://www.rgfwealth.com/advisors/ni... Retirement planning process: https://www.rgfwealth.com/advisors/ni... 🔗Connect With Us Facebook:   / nickhearnergf   LinkedIn:   / nickhearne   _ _ _ ⏱ Timestamps ⏱ 0:00 Intro 0:37 RRSP vs RRIF explained 01:27 Consider income splitting 01:49 Why earlier withdrawals can reduce tax 02:34 Hidden tax considerations 03:03 Case study: comparing withdrawal strategies 6:26 Key takeaways