Comments on: Avoiding Retirement Mistakes http://www.canadiancapitalist.com/avoiding-retirement-mistakes/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Big Cajun Man http://www.canadiancapitalist.com/avoiding-retirement-mistakes/#comment-74 Big Cajun Man Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=156#comment-74 A more interesting question is, how much is enough? I seem to remember C.D. Howe saying if you have less than $100K in your RRSP, all you have done is lost the Old Age Security portion of your CPP payments. <BR/><BR/>But, yes PLAN, PLAN, PLAN!<BR/><BR/>c8j A more interesting question is, how much is enough? I seem to remember C.D. Howe saying if you have less than $100K in your RRSP, all you have done is lost the Old Age Security portion of your CPP payments.

But, yes PLAN, PLAN, PLAN!

c8j

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/avoiding-retirement-mistakes/#comment-75 Canadian Capitalist Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=156#comment-75 Big Canjun:<BR/>OAS is subject to clawback but it is eliminated when annual individual net income exceeds around $99,000. You need a RRSP of $2 million + (at 4% withdrawal rate) to manage that kind of annual income. Big Canjun:
OAS is subject to clawback but it is eliminated when annual individual net income exceeds around $99,000. You need a RRSP of $2 million + (at 4% withdrawal rate) to manage that kind of annual income.

]]>