In episode 32 of Retirement Unpacked, Brett and Peter break down fee-for-service vs. ongoing financial planning, the assumptions behind your CPP estimate, how to reduce large capital gains in retirement, renting vs. owning in retirement, probate planning, and more.
Later in the episode, Paul Grenier joins to discuss growing vs. protecting your wealth in retirement, and why striving for more doesn’t necessarily give you greater peace of mind.
Subscribe to our clips YouTube channel: https://www.youtube.com/channel/UCwY3ZvNc_qCU-WuIKh-aulA
Chapters
0:00 Intro
0:45 Fee-for-service planning vs. ongoing financial planning
6:00 Clarification around CPP estimates
10:19 What Safeguards Exist With Canadian Investment Firms?
17:00 Nominal vs. real dollars
20:36 How to meltdown large capital gain in retirement
25:35 Renting vs. buying a condo in retirement
33:43 Cashflow wedge planning when you have a pension
39:30 Probate planning
44:45 RDSP planning in retirement
50:38 Growing vs. protecting wealth in retirement
59:31 Dangers of chasing higher returns to meet goals
