Mar 10, 2025
Retirement should be about enjoying life, not worrying about taxes eating away at your hard-earned savings. Yet many Canadians unknowingly pay thousands more in taxes than necessary simply because their investments are in the wrong accounts. In this episode, I break down three critical types of investment income—interest, dividends, and capital gains—and explain why understanding the tax implications of each can dramatically reduce your tax burden.
Whether you're already retired or planning ahead, knowing how to properly position your investments across registered and non-registered accounts is crucial. I'll share practical strategies, including my "sprinkle approach," to help keep you in a lower tax bracket and maximize what stays in your pocket during retirement.
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If you want more resources and show notes, check out https://astrafinancial.ca/podcasts/