Most Canadians Withdraw From the Wrong Account First

📊 Master Your Retirement Plan in 45 Minutes Register now → https://bit.ly/2THZzNj 🔔 Want personalized help with your retirement plan? Book a call → https://tetraultwealth.com/contact-us/ ⭐️⭐️ TFSA vs RRSP: Which Should You Withdraw First in Retirement? When you retire, one of the biggest questions becomes: which account should you withdraw from first? Should you take money from your TFSA? Your RRSP? Your non-registered account? Should you delay withdrawals? Should you preserve tax-free money as long as possible? Or should you draw down registered accounts earlier to manage future taxes? In this video, Rob explains why there is no one-size-fits-all answer to the TFSA vs RRSP withdrawal question. The "right" order depends on your income, tax bracket, age, CPP and OAS timing, estate planning goals, flexibility needs, and how your retirement income plan is structured. You'll see two retiree examples that show how the same advice can lead to very different outcomes depending on the person. Rob also breaks down the biggest misconception around retirement withdrawals, why blanket advice can be dangerous, and how to think more strategically about using your TFSA, RRSP, and other retirement assets. If you are approaching retirement or already retired, this video will help you better understand how withdrawal order can affect your taxes, flexibility, estate, and long-term retirement income. Enjoy! CHAPTERS: 00:00 - Intro 00:57 - The Biggest Misconception 01:33 - Two Retiree Examples 03:20 - The Issue With Blanket Advice 03:44 - Other Considerations, Flexibility & Estate Planning 06:09 - Your Biggest Takeaway 06:45 - The Next Steps ▶️ If this topic resonates, consider subscribing for more Canadian retirement planning insights, real-world examples, and practical explanations, without hype or fear-based advice. 📩 Sign up to receive the Tetrault Wealth Newsletter that covers important investing topics, latest market news and engaging interviews with CEOs from stock market listed companies https://robtetrault.com/tetrault-newsletter/ #RetirementPlanning #WealthManagement #Retirement #Investing #RRSPMeltdown #RetirementSavings #CanadianInvesting #RRSP #RRIFConversion #RRIF