039 | What Happens If The Market Breaks Your RRSP Meltdown Plan?

In episode 39 of Retirement Unpacked, Matthew and Peter break down how to gift money early from your non-registered account in a tax-efficient way, where you should invest after maxing out your RRSP and TFSA, how your RRSP meltdown strategy should change when markets overperform or underperform your plan, HOOPP pensions, and much more.Later in the episode, Martin Goudreault  joins to walk through a real-life case study involving a family cottage, joint ownership, and the tax and estate planning implications that come with transferring property between generations.Chapters0:00 Intro0:20 How to gift money early tax-efficiently4:56 Trigger capital gains pre-retirement when in a low tax bracket?8:47 Where should you invest after RRSP & TFSA?12:25 Should you adjust RRSP meltdown if the market is down?15:44 Adjusting your drawdown strategy when markets outperform plan21:24 Does an RRSP meltdown make sense if you have large non-registered account?25:15 Do you need a cashflow wedge if you have a pension?30:53 Pension +  RRSP meltdown strategy33:10 Understanding HOOPP pensions42:02 Considerations when commuting your pension45:32 How joint ownership affects cottage taxes (case study)54:08 Should you withdraw monthly in retirement?