Dividend Investing Could Be Hurting Your Retirement (EP 71)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedDividend investing is one of the most popular investment strategies among Canadian retirees, but many investors may not fully understand how dividends impact taxes, diversification, government benefits, and long-term retirement planning.In this episode of Retiring Canada, we discuss the hidden challenges and blind spots that can arise when building a retirement portfolio heavily focused on dividend paying investments.You will learn why many dividend investors become overly concentrated in Canadian banks, utilities, and energy companies, how dividend distributions impact taxable income, and why dividend gross up rules can unexpectedly increase your marginal tax rate. We also discuss OAS clawbacks, tax efficient decumulation planning, and why dividend investing may limit your ability to control retirement income and taxes over time.We also explain the psychological appeal of dividend investing, why dividends are not “free money,” and how proper diversification and retirement planning should extend far beyond simply chasing income distributions.This episode is for Canadian retirees and investors who want to better understand how dividend focused investing may impact their broader retirement income, tax, and portfolio strategy. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!EPISODE RESOURCES:📊 Work with Michael: https://fundamentalwealth.ca/get-started💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca