AskTMFG The Podcast

asktmfg
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AskTMFG, brought to you by The McClelland Financial Group of CI Assante Wealth Management Ltd, offers clear and straightforward guidance on investing, retirement planning, and wealth management. We address your most pressing financial questions and share practical strategies to help you plan with confidence and stay on track toward achieving your goals. Hosted by: Carlo Cansino, Senior Financial Advisor and John Iaconetti, Financial Advisor at The McClelland Financial Group of CI Assante Wealth Management Ltd. Follow us: Click here to request a meeting: https://tmfg.ca/schedule/ Check the episode video on our YouTube channel: https://www.youtube.com/@TmfgCa Facebook: https://www.facebook.com/tmfg.ca Instagram: instagram.com/themcclellandfinancialgroup_/ Please visit www.assante.com/legal for important legal and regulatory disclosures.

  1. 21h ago

    Age 67, $1M RRSP, No Pension: My Exact Withdrawal Plan

    In this episode of the AskTMFG Podcast, Carlo Cansino walks through a step-by-step drawdown strategy for a 67-year-old retiree with $1M in an RRSP and no pension. He shows how CPP and OAS (boosted through deferral) form the income floor, why withdrawing $35,000/year from the RRSP before mandatory RIF conversion at 71 beats waiting, and how routing that money into the TFSA builds tax-free flexibility for later. Finally, he runs the real numbers at age 72 to show how this sequence keeps income safely below the OAS clawback threshold, protecting thousands in benefits that a "do nothing" approach would silently lose. 👉 Watch the full episode here: https://youtu.be/RPGatlExy_g  Question for our listeners: If you're retiring without a pension, are you drawing down your RRSP strategically before age 71, or just letting the mandatory minimums decide for you? 👉 Complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    11 min

  2. 6d ago

    "The Retirement Gap". Why Retirement Is Not What You Think...

    In this episode of the AskTMFG Podcast, Carlo Cansino and John Iaconetti explore why so many financially prepared Canadians still feel disappointed in retirement, a pattern they call the retirement disappointment gap. They dig into the psychological side of retirement that most planning ignores: loss of identity and structure after leaving work, how Canadian winters can deepen isolation, and how big life shifts (like sudden togetherness with a spouse, or losing one) reshape retirement in ways money alone can't fix. They also lay out a five-part framework, building a "purpose portfolio," easing into retirement gradually, and prioritizing community, for a retirement that's financially secure and genuinely fulfilling. 👉 Watch the full episode here: https://www.youtube.com/watch?v=nuJEQICrarw  Question for our listeners: Are you planning for the money in retirement, or for what you'll actually do with your time? 👉 Complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    14 min

  3. Jul 3

    RRSP to RRIF - The Conversion Trap Costing Canadians $50,000+

    In this episode of the AskTMFG Podcast, Senior Financial Advisor Carlo Cansino breaks down the RRSP-to-RRIF conversion mistake costing Canadians with $1M+ in savings up to $50,000 -$200,000 in avoidable lifetime taxes. The conversation covers the mandatory conversion deadline at age 71, rising minimum withdrawal rates, and how those withdrawals stack with CPP, OAS, and investment income to trigger higher tax brackets and OAS clawback. Carlo also explains the "RRIF bomb" that hits surviving spouses, plus three strategies to fix it: early RRSP drawdown, pension income splitting, and using the TFSA as an overflow valve. 👉 Watch the full episode here: https://www.youtube.com/watch?v=JEzs-7kSMxQ  Question for our listeners: Have you mapped out your RRIF conversion strategy, or are you relying on the default minimums? 👉 Complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/  Follow us: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca  Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    10 min

  4. Jun 28

    20% Not Ready For Retirement in Canada! - Here's Why You're Different

    In this episode of the AskTMFG Podcast, Financial Advisors Carlo Cansino and John Iaconetti dig into a striking statistic: 1 in 5 Canadians have NO retirement plan whatsoever. The conversation explores what the latest data reveals about retirement readiness in Canada, why RRSP contributions are falling sharply (especially among younger Canadians), and how rising costs, debt, and stagnant wages are pushing retirement planning down the road. They also break down the gaps in confidence across generations and genders, why piecemeal advice from family and friends often leads to missed opportunities, and the five steps to building a smart, intentional retirement strategy that balances today's needs with tomorrow's goals. 👉 Watch the full episode here: https://www.youtube.com/watch?v=J-_D-90zWSA  Question for our listeners: Do you have a retirement plan in place, or are you still figuring out where to start? 👉 If you'd like help building a strategy tailored to your situation, we're offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group  Facebook: https://www.facebook.com/tmfg.ca  Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    8 min

  5. Jun 26

    Is the CRA About to Reduce Your OAS? What Canadians Need to Know Before Year-End

    In this episode of the AskTMFG Podcast, Carlo Cansino explains how the July 2026 Old Age Security recalculation could quietly reduce the monthly benefit of well-prepared Canadian retirees, often without any letter, phone call, or warning. The conversation explores why OAS is recalculated quarterly rather than once a year, and why the "clawback" catches far more retirees off guard than just the very wealthy. We also walk through the strategies still available before December 31st like drawing on the TFSA, pension income splitting, timing major purchases, and income sequencing, to help shape the next clawback cycle and protect your benefit. 👉 Watch the full episode here: https://www.youtube.com/watch?v=FUW85jh-ws0  Question for our listeners: Did you know your OAS could be reduced based on income you earned a full year earlier? 👉 If you'd like to know whether you're at risk in the next clawback cycle, we're offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    12 min

  6. Jun 21

    Why $1.5M In Retirement Savings May Not Be Enough

    In this episode of the AskTMFG Podcast, financial advisors Carlo Cansino and John Iaconetti tackle one of the most common retirement misconceptions Canadians hold: that reaching $1.5 million means you're financially set for retirement. The conversation explores why $1.5 million may not be the safe number many people assume, how inflation silently cuts purchasing power in half over a 30-year retirement, and why the popular 4% withdrawal rule may no longer hold up in today's environment of longer lifespans and greater market volatility. We also discuss the real cost of healthcare in Canada that most retirees underestimate, how sequence-of-returns risk can permanently derail a retirement portfolio if markets drop early, the tax drag that quietly erodes savings, especially from RRSP-heavy portfolios, and the four psychological traps that lead Canadians to overestimate their retirement readiness. 👉 Watch the full episode here: https://www.youtube.com/watch?v=aRgZBH6sjbE Question for our listeners: If you retired tomorrow with $1.5 million, do you know exactly how long it would last and what risks could cut it short? 👉 If you'd like help building a retirement plan tailored to your goals, we're offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    10 min

  7. Jun 19

    The Retirement Income Mistake Costing Canadians $200,000 in Taxes

    In this episode of the AskTMFG Podcast, Carlo Cansino reveals how one retirement income strategy saved a Canadian retiree more than $200,000 in taxes, with the exact same savings, investments, and lifestyle as the alternative plan. The conversation explores why most retirees assume their tax bill in retirement is largely fixed, how withdrawing from the wrong account at the wrong time can cost tens of thousands in a single year, and why the biggest tax problems tend to build slowly and silently over decades. Using a side-by-side comparison of two retirement plans for the same composite couple, Carlo walks through the six decisions that created the $200,000 gap: RRSP drawdown timing, CPP coordination, pension income splitting, TFSA preservation, gradual capital gains management, and donating appreciated securities instead of cash. 👉 Watch the full episode here: https://youtu.be/1KvAttVjZHA  Question for our listeners: Have you ever seen what a different retirement income strategy could save you in lifetime taxes? 👉 If you'd like help identifying tax savings opportunities in your own plan, we're offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    10 min

  8. Jun 14

    The Surprising Cost of Delaying Retirement Past 60...

    In this episode of the AskTMFG Podcast, Financial Advisors Carlo Cansino and John Iaconetti reveal a truth that goes against conventional wisdom: Why delaying retirement past age 60 could actually be costing you. The conversation explores why age 60 is such a critical inflection point, why the old advice to "just work longer and save more" often backfires, and why chasing magic numbers like $1 million can lead Canadians to delay retirement unnecessarily. They also discuss the fears that keep people working, losing identity, social connection, and spousal age gaps, along with how TFSAs can accelerate retirement timelines by 5 to 10 years, and the personal costs of waiting: missed health, family time, and experiences that may never come back. Whether you're approaching 60, dreaming of an earlier exit, or wondering whether you've already saved enough, this episode offers practical insights into retirement timing, tax-free income strategies, and building a retirement plan that balances financial confidence and life satisfaction. 👉 Watch the full episode here: https://youtu.be/SVPYMpSPDIQ  Question for our listeners: If the math showed you could retire at 60, would you take the leap, or would you keep working anyway? 👉 If you'd like help building a retirement plan tailored to your goals, we're offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

    12 min
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About

AskTMFG, brought to you by The McClelland Financial Group of CI Assante Wealth Management Ltd, offers clear and straightforward guidance on investing, retirement planning, and wealth management. We address your most pressing financial questions and share practical strategies to help you plan with confidence and stay on track toward achieving your goals. Hosted by: Carlo Cansino, Senior Financial Advisor and John Iaconetti, Financial Advisor at The McClelland Financial Group of CI Assante Wealth Management Ltd. Follow us: Click here to request a meeting: https://tmfg.ca/schedule/ Check the episode video on our YouTube channel: https://www.youtube.com/@TmfgCa Facebook: https://www.facebook.com/tmfg.ca Instagram: instagram.com/themcclellandfinancialgroup_/ Please visit www.assante.com/legal for important legal and regulatory disclosures.

Information

  • Creator
    asktmfg
  • Years Active
    2025 - 2026
  • Episodes
    51
  • Rating
    Clean
  • Copyright
    © Copyright 2025 All rights reserved.
  • Show Website
    AskTMFG The Podcast