• Your retirement income just changed. Here's why

  • Jan 8 2025
  • Length: 14 mins
  • Podcast

Your retirement income just changed. Here's why

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  • Summary

  • In this episode, Evan Neufeld delves into how retirement income can fluctuate for Canadian retirees in 2025. Learn about the implications of converting RRSPs to RRIFs, including changes in minimum withdrawal amounts, portfolio balance changes, and withholding tax. Evan also explains the complexities of LIFs, inflation adjustments for CPP and OAS benefits, and offers practical advice to plan for these changes in your retirement income.

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