EPISODE · Mar 29, 2026 · 9 MIN
How To Retire On $10,000/Mo In Canada
from AskTMFG The Podcast · host asktmfg
In this episode of the AskTMFG Podcast, Financial Advisors Carlo Cansino and John Iaconetti break down one of the biggest retirement myths Canadians hear all the time: that you need $3 million to retire comfortably. They explain why that number is often too simplistic, and how retirement income in Canada depends more on strategy than just a savings target. The conversation covers how to maximize CPP and OAS, structure withdrawals to reduce taxes and clawbacks, and use a bucket strategy to create more reliable retirement income. The key takeaway: retiring on $10,000 per month may be more achievable than many Canadians think, if the plan is built properly. 👉 Watch the full video episode on YouTube to learn how to structure your retirement income in Canada: https://www.youtube.com/watch?v=rFphwqGI_Ko Question for our listeners: Are you focused more on your retirement number or your retirement strategy? 👉 If you’d like help reviewing your retirement strategy, we’re offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/
What this episode covers
In this episode of the AskTMFG Podcast, Financial Advisors Carlo Cansino and John Iaconetti break down one of the biggest retirement myths Canadians hear all the time: that you need $3 million to retire comfortably. They explain why that number is often too simplistic, and how retirement income in Canada depends more on strategy than just a savings target. The conversation covers how to maximize CPP and OAS, structure withdrawals to reduce taxes and clawbacks, and use a bucket strategy to create more reliable retirement income. The key takeaway: retiring on $10,000 per month may be more achievable than many Canadians think, if the plan is built properly. 👉 Watch the full video episode on YouTube to learn how to structure your retirement income in Canada: https://www.youtube.com/watch?v=rFphwqGI_Ko Question for our listeners:Are you focused more on your retirement number or your retirement strategy? 👉 If you’d like help reviewing your retirement strategy, we’re offering a complimentary portfolio analysis:https://tmfg.ca/portfolio-analysis/ Follow us on our social channels:LinkedIn: The McClelland Financial GroupFacebook: https://www.facebook.com/tmfg.caInstagram: https://www.instagram.com/themcclellandfinancialgroup_/
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How To Retire On $10,000/Mo In Canada
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