How To Retire On $10,000/Mo In Canada episode artwork

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_/

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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This episode was published on March 29, 2026.

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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...

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