Episode 4: One Piece of Retirement Advice to Ignore
Your Canadian Retirement Specialist
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Show Notes
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Money management for retirees comes with plenty of mixed advice, especially when it comes to strategically spending your money to manage tax payments. If you have multiple pools of money to draw from, you might be tempted to choose those that help you avoid paying as much tax as possible. While many financial advisors have recommended paying low taxes in the early years of retirement, taking a mixed approach can create more significant savings in the longer term. In this episode, we'll explain why.
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