Should You Rely on Dividends for Retirement Income? (Is there a better way?)

Описание: Interested in a custom retirement strategy? ➡️ https://willemswealthplanning.ca/star...

Many retirees, especially up here in Canada, think that living off of the dividend income from their portfolio is the best way to fund their retirement. But it turns out that this particular strategy – while it seems appealing up front, can not only fall flat, but cost you thousands of unnecessary taxes, missed investment opportunities, and could even put your OAS at risk. So in this video, we’ll walk through a case study so you can see some of these otherwise hidden downsides of a dividend reliant strategy, and why no one should have their retirement income dictated by a company’s board of directors.

Steve Willems, CFP®, FEA, BA
Wealth Advisor, Willems Wealth Planning Group | Assante Financial Management Ltd.

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🎬 S E L E C T S C E N E S 🎬

0:00 - Intro
1:01 - A Note For Clarity
2:09 - Case Study
4:02 - A Quick Observation
5:05 - Lifetime Personal Tax & Clawback
5:56 - Problem 1/3
8:04 - Problem 2/3
9:39 - Problem 3/3
10:54 - Problem Summary
11:37 - Case Study pt2
13:35 - The Perks of a Different Approach
14:41 - A Side-by-Side Comparison

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Source Cited:

https://x.com/RyanPKirlin/status/1806...