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Your retirement income just changed. Here's why
Manage episode 459921051 series 2851814
In this episode, Evan Neufeld delves into how retirement income can fluctuate for Canadian retirees in 2025. Learn about the implications of converting RRSPs to RRIFs, including changes in minimum withdrawal amounts, portfolio balance changes, and withholding tax. Evan also explains the complexities of LIFs, inflation adjustments for CPP and OAS benefits, and offers practical advice to plan for these changes in your retirement income.
Become a client
Financial Foundations Course - Save 25% with code PODCAST25
Full Financial Picture Spreadsheet
160 حلقات
Manage episode 459921051 series 2851814
In this episode, Evan Neufeld delves into how retirement income can fluctuate for Canadian retirees in 2025. Learn about the implications of converting RRSPs to RRIFs, including changes in minimum withdrawal amounts, portfolio balance changes, and withholding tax. Evan also explains the complexities of LIFs, inflation adjustments for CPP and OAS benefits, and offers practical advice to plan for these changes in your retirement income.
Become a client
Financial Foundations Course - Save 25% with code PODCAST25
Full Financial Picture Spreadsheet
160 حلقات
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