Category: Blog

Retirees often juggle income from RRIFs, TFSAs, and non-registered accounts. Understanding how to strategically withdraw from these accounts can reduce taxes and maximize retirement income. Overview of Accounts RRIFs require mandatory withdrawals, taxed as regular income. Drawing more than the minimum in lower-income years can prevent higher taxes later. TFSAs allow tax-free withdrawals, making them

When preparing for retirement, it’s essential to consider strategies that provide sustainable and flexible income. One such approach is a total return strategy, which focuses on generating income through a combination of dividends, interest, and capital appreciation from a diversified investment portfolio. What is Total Return Total return represents the combined value of all income