Your Last Year Before Retirement: 5 Mistakes Canadians Can't Afford to Make

In this episode of the AskTMFG Podcast, Carlo Cansino breaks down the 5 mistakes Canadians can't afford to make in their last year before retirement. He covers the common pitfalls, like delaying the RRSP meltdown until age 71 forces mandatory withdrawals, picking a CPP start date without modeling it against your full income picture, and triggering the OAS clawback by accident once RRIF minimums, CPP, and OAS stack together, plus how to sequence withdrawals across RRSP, TFSA, and non-registered accounts and calculate the CRA's share at death before it catches your family off guard. He also shares a real example: clients with $800,000 in an RRSP who looked retirement-ready on paper, but without a drawdown strategy, the CRA stood to become the biggest beneficiary of that account. 👉 Watch the full episode here: https://youtu.be/23EDkTKG-Lw  Question for our listeners: If you're within a year or two of retirement, have you mapped out your withdrawal sequence and estate tax exposure, or are you still planning to figure it out as you go? 👉 Complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca  Instagram: https://www.instagram.com/themcclellandfinancialgroup_/