As we head towards the end of Summer 2023, we hope you had some quality family time.
We have been fielding more questions on government benefits such as CPP, OAS, GIS; retirement funds such as RRSP, RRIF, TFSA; and when you should start them. The shift from accumulating wealth for retirement to tapping into your retirement income can be confusing and there may be tax implications for many. Here are 10 Retirement Income Tax Strategies that you need to know and how to maximize your income in retirement.
These strategies are good examples for brief conversation which Tara and/or I will gladly help with specific details that you need to know. Give these three pages a read and feel free to contact us. We can assist in setting you in the right direction to maximize on your Retirement Income potentials. It is never too early to plan for your Retirement Income Strategy!
Enjoy the balance of summer and we look forward to seeing you in the fall.
All the best,