Retirement Income in Canada – Designing a Retirement Income Strategy That Lasts

This video covers the following learning objectives:

• Develop a personalized retirement income strategy combining multiple sources:

  • Government benefits (CPP and OAS)

  • Employer pensions (Defined Benefit and Defined Contribution)

  • Personal investments (RRSPs, RRIFs, TFSAs, and non-registered accounts)

  • Annuities (life annuities for stable income)

  • Each component is explained with a practical example.

• Identify strategies to manage longevity risk and ensure income does not outpace assets:

  • Delaying CPP and OAS to increase lifetime benefits

  • Purchasing annuities to guarantee core income

  • Using the bucket strategy to handle market and sequence risk

  • Adjusting withdrawals based on market conditions

  • Reinforced with examples (e.g., Sylvia and Raj’s case study)