036 | Stop Avoiding Taxes In Retirement (Do This Instead)

In episode 36 of Retirement Unpacked, Kyle and Peter break down why having zero tax years in retirement can be detrimental to your plan, how retirees can protect themselves against inflation, how to plan around large capital gains in retirement, the best timeframe to judge your investment returns, and much more.Later in the episode, Matthew Dennis joins to discuss the smith manoeuvre, the dangers of it, and when it makes sense for Canadians.Chapters0:00 Intro0:18 Why are zero tax years bad?3:39 How to protect against inflation in retirement12:37 Spousal attribution rules around non-registered accounts19:57 Should I cash out my entire RRSP?22:45 How to offset a large capital gain in your 70s28:35 The best timeframe to judge your investment returns33:14 Managing inflation in retirement37:54 Offsetting rental property sale with RRSP42:21 When should you consider life insurance?50:52 When does the smith manoeuvre make sense?57:37 How to free up funds in a LIRA