Mar 16, 2026
🔗 Get the full blog post and extra resources here: https://astrafinancial.ca/2026/03/16/financial-advice-on-social-media/
Your social media feed is full of financial "experts" telling you to take CPP at 60, refinance your real estate for free money and get out of your RSPs. And it's getting into people's heads.
In this episode of Heart of Your Retirement, Zena Amundsen CFP and Nicole Putz CFP react to the exact posts making the rounds right now and break down what's actually going on behind the viral financial advice on social media. From the CPP at 60 debate to the Smith Maneuver "loophole" to the RSPs are bad trend, they cover the three biggest myths circulating online right now and what Canadian retirement planning actually looks like when you know someone's full financial picture.
If your gut has been flipping when you scroll your feed, this one is worth your time.
⏰ TIMESTAMPS:
00:44 CPP Clip Reaction
02:03 Why CPP Advice Misleads
04:40 Inflation and Peak Earnings
07:43 When CPP at 60 Works
08:45 Real Estate Loophole Hype
12:20 Refinancing and Leverage Risks
14:50 RRSPs Are Not the Villain
Fair Use Disclaimer:
This video contains clips from social media platforms that were
originally posted publicly. Under Section 107 of the Copyright Act
of 1976, allowance is made for fair use for purposes such as
criticism, comment, and education. All commentary in this video is
stated as a matter of opinion. All opinions are our own.