The Ride: Life, Work and Wealth
Preparing For Taxes in Retirement, Part 1 (Ep. 64)
Taxes can have a much bigger impact on your retirement planning than first assumed. It is important to take a dive into your portfolio and understand how the different sources of income in retirement, government and personal can go into your planning process.
In this episode, Kris Dureau discusses a number of ways you can understand these income sources and plan for the tax implications you might have to deal with these. Through planning ahead, you can set yourself up to retire with ease and have no fear of losing a generous amount of your assets to taxes.
Kris discusses:
- Most common types of retirement income and the tax challenges they present
- How you can get further in-depth advice based on your personal circumstances
- Retirement income basics
- The three buckets of retirement income for Canadians and how they all play into your portfolio
- And more
Connect with Kris Dureau: