A Canadian retiree’s main decision with this Sun Life product is the age they want the funds to last until (the maturity age). They can choose from 85,…
Read more What is Sun Life’s new decumulation product? – MoneySenseWorking as a financial planner, I am often asked, “What is the most tax-efficient way to draw down on investments?” From the outset, I question if a decumulation…
Read more Which savings should retirees draw down first? – MoneySenseMy wife and I are both 54 years old and have accumulated a taxable account totaling $2.3 million, and retirement assets totaling $2.2 million. We hope to retire…
Read more We’re 54, have $4.5 million in savings but don’t know how to withdraw it in retirement. What should we do?My wife and I are both 54 years old and have accumulated a taxable account totaling $2.3 million, and retirement assets totaling $2.2 million. We hope to retire…
Read more We’re 54, have $4.5 million in savings but don’t know how to withdraw it in retirement. What should we do?
