Retirement planning does not stop once you leave work. In many ways, it becomes even more important. In this episode, Adam and Kyle answer real listener questions about RRSPs, RRIFs, income splitting, government benefits, and tax-efficient withdrawal planning in retirement.

Key moments include:
• RRIF income splitting when spouses are different ages
• Whether RRIFs and LIFs still pay dividends after conversion
• Handling RRSP withdrawals during a market decline
• RRSP to TFSA strategy before and during retirement
• CPP child rearing provision and how it works
• Leaving RRIFs to charity the right way

DISCLAIMER: This content is for informational and educational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments involve risk, and past performance is not indicative of future results. Any forward-looking statements are based on assumptions and may differ from actual outcomes.

Please consult a qualified professional for personalized retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for decisions made based on this content.

Timestamps00:00 Intro and Overview
00:25 RRIF Income Splitting With Different Ages
03:43 Dividends After Converting to a RRIF or LIF
05:06 Are Advisors Keeping RRSPs High on Purpose?
08:04 Is It Too Late To Fix Low-Tax Retirement Years?
11:25 RRSP Withdrawals During a Market Decline
15:45 RRSP to TFSA Strategy
20:30 RRIF Income Splitting and Tax Withholding
24:06 RRSP or TFSA for Severance
27:53 CPP Child-Rearing Provision
29:03 Accuracy of the PWL CPP Calculator
30:45 Leaving RRIFs to Charity
35:46 Spousal RRSP Attribution Trap
38:24 New TFSA Room and Recontributing Withdrawals
40:36 Wrap Up