Is Your RRSP Too Big? Avoid This Retirement Mistake!

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Links:
Planning software we use: Conquest https://www.conquestplanning.com/en-c...
RRSP video:    • RRSPs: Are They Even Worth It? // Can...  
RRSP to RRIF video:    • What Happens to Your RRSP When You Re...  
RRSP Meltdown Strategies:    • 3 RRSP Meltdown Strategies to Save MA...  
Planeasy minimum RRIF calcs: https://www.planeasy.ca/can-an-rrsp-b...
RRIF minimum withdrawal rates: https://mdm.ca/investing/investment-a...

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Intro (0:00)
Need to Know #1 (0:52)
Need to Know #2 (1:26)
Need to Know #3 (2:33)
Need to Know #4 (3:13)
Issue #1 (3:51)
Issue #2 (5:50)
Issue #3 (7:15)
Issue #4 (8:11)
Issue #5 (8:50)
Issue #6 (9:28)
Minor Ways to Mitigate (11:01)
Most Straight-Forward Way to Mitigate (12:29)
Case Study Set-Up (13:20)
Withdrawal Strategy #1 (16:38)
Software Basics (16:57)
Withdrawal Strategy #2 (21:59)
Withdrawal Strategy #3 (23:48)
Withdrawal Strategy #4 (24:37)
Cherry on Top (26:13)
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DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Qualified Associate Financial Planner (QAFP) and more. However, he is not registered to provide investment advice and, therefore, does not provide specific investment recommendations. Those looking for specific investment advice should seek out a registered professional.