Jan 27, 2025
Retirement planning can be complex, but few aspects are as critical as understanding your government benefits. In this episode of Heart of Your Money, we're tackling four costly mistakes that could be diminishing your retirement income.
From underestimating the true value of CPP and OAS to getting blindsided by the dreaded clawback, these pitfalls can significantly impact your financial security. The good news? They're all avoidable with proper planning. Whether you're approaching retirement or already there, knowing how to maximize these benefits while minimizing tax implications could mean thousands of extra dollars in your pocket.
Join me as we explore smart strategies for timing your benefits, leveraging spousal options, and protecting your OAS from unnecessary clawbacks.
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