038 | “I’m Paying 1.95% And Getting No Advice. What Should I Do?”

In episode 38 of Retirement Unpacked, Brett and Gord break down options if you are paying high fees and not getting any advice, the attribution rules around joint non-registered accounts, what age you can split your RRIF income with your spouse, whether it makes sense to ladder your income if you're concerned about long-term care, if it makes sense to start CPP early so you can collect the PRB and invest your payments, and much more.Later in the episode, Mathieu Huneault   joins to discuss a recent client situation where a couple sold their home and moved into their cabin full-time, and the planning considerations that came with it. We break down how the principal residence exemption combined with RRSP contributions were used together to help create a more tax-efficient plan.Chapters0:00 Intro0:46 Paying high fees and getting no advice7:10 Joint non-registered attribution rules12:48 DIY planning software18:17 CPP disability calculation21:33 What age can you split RRIF income24:44 How to dispose of an RESP32:37 How to calculate probate35:38 How to plan for long-term care40:05 Can you move money from LIF to spousal RRSP tax-free?43:11 Taking CPP early, collecting the PRB and investing it52:17 Principal Residence Exemption planning1:01:25 Budgeting for trips