In the first episode of Retirement Unpacked, Adam Bornn and Brett Martinson from Parallel Wealth answer real retirement questions from Canadians. We cover how CPP survivor benefits will work in 2025, explain the cash wedge strategy for creating reliable retirement income, and clear up common mistakes people make with TFSA contribution rules. We also discuss how to approach big purchases in retirement, what fee-based advisor models actually mean, and share practical RRIF and RRSP tips you can use right away.
This episode is designed to help you avoid costly mistakes, understand your options, and feel more confident about your financial future.
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Timestamps
00:00 Disclaimer
00:16 Host Intros
02:19 CPP Survivor Benefits
06:27 Cash Wedge Strategy
08:55 Big Purchases in Retirement
10:37 Stress-Testing Expenses
14:16 TFSA Catch-Up
16:25 CRA TFSA Numbers
20:05 TFSA Carry Forward & Withdrawals
22:55 TFSA Growth & Limits
25:51 Case study: Overbuilt Cash Wedge
30:38 Fee-Based vs Bundled Fees
34:16 What Am I Paying For?
40:07 RRIF to RRSP Tips
42:34 Conclusion