Retirement planning

Retire with confidence & clarity

Practical guides on RRSP strategies, CPP & OAS timing, income planning, and everything you need to retire on your own terms — written by Carrie Wang, CEA, CLU®.

8 articles 5–8 min reads By Carrie Wang, CEA, CLU®
🕐 Retirement 📈 Investing 🛡️ Insurance 🏛️ Estate planning 🏢 Business 💡 Tax tips
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01
Retirement fundamentals

How much do you really need to retire comfortably in Canada?

The "70% rule" is popular — but it's not right for everyone. Carrie breaks down how to calculate your personal retirement income target, what to expect from CPP and OAS, and how to close the gap with your own savings.

Carrie Wang, CLU®
8 min read
Retirement planning
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CPP & OAS

When should you start CPP? The answer might surprise you

Starting at 60 vs 70 could mean hundreds of thousands of dollars difference over your lifetime. Here's how to decide.

RRSP Strategy

RRSP vs TFSA: which should you prioritize in your 40s and 50s?

Understanding when each account wins — and how to use both together to minimize lifetime tax and maximize retirement income.

Income planning

The RRSP drawdown trap — how to avoid a big tax bill in retirement

Many Canadians don't realize how heavily RRSP withdrawals are taxed. Here's how to plan smarter before and after you retire.

Longevity planning

Outliving your money — how to make your savings last 30+ years

With Canadians living longer than ever, your plan needs to account for a much longer retirement horizon than most people expect.

Pension

Do you know what your pension is actually worth? A guide to pension review

Most Canadians with workplace pensions don't fully understand what they'll receive — or how it integrates with CPP, OAS, and RRSP income.

CPP & OAS

OAS explained — what you'll receive, when, and how to avoid the clawback

Old Age Security is available to most Canadians at 65, but there are important rules around income thresholds, timing, and deferral benefits worth knowing.

Healthcare

The retirement cost most Canadians forget — healthcare & long-term care

Drug plans, dental, vision, and long-term care costs rise significantly with age. Here's how to build these into your retirement budget proactively.

Want a personalized retirement projection?

Carrie will run the numbers for your specific situation — completely free and with no obligation.

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