Why Retirement Is More Expensive When You’re Single episode artwork

EPISODE · Apr 24, 2026 · 12 MIN

Why Retirement Is More Expensive When You’re Single

from AskTMFG The Podcast · host asktmfg

In this episode of the AskTMFG Podcast, Carlo Cansino and John Iaconetti focus on a reality that’s becoming more common: retiring on your own. They walk through why it can quietly cost more in taxes, how income from RRIFs, CPP, OAS, and investments can pile up faster than expected, and where OAS clawbacks can start to creep in. More importantly, they show how small changes in how you draw income and structure your accounts can make a real difference over time. Because in retirement, it’s not just what you’ve built, it’s how you make it work. 👉 Watch the full episode on YouTube: https://youtu.be/klc7bebs39A  Question for our listeners: If you are in a couple, have you ever thought about how different your plan would look if you were doing it solo? 👉 If you’d like help reviewing your solo 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, Carlo Cansino and John Iaconetti focus on a reality that’s becoming more common: retiring on your own. They walk through why it can quietly cost more in taxes, how income from RRIFs, CPP, OAS, and investments can pile up faster than expected, and where OAS clawbacks can start to creep in. More importantly, they show how small changes in how you draw income and structure your accounts can make a real difference over time. Because in retirement, it’s not just what you’ve built, it’s how you make it work. 👉 Watch the full episode on YouTube: https://youtu.be/klc7bebs39A  Question for our listeners:If you are in a couple, have you ever thought about how different your plan would look if you were doing it solo? 👉 If you’d like help reviewing your solo 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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Why Retirement Is More Expensive When You’re Single

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This episode was published on April 24, 2026.

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In this episode of the AskTMFG Podcast, Carlo Cansino and John Iaconetti focus on a reality that’s becoming more common: retiring on your own. They walk through why it can quietly cost more in taxes, how income from RRIFs, CPP, OAS, and...

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