malx1 wrote: BarstoolSage wrote: Debt and inflation definitely affect spending and Canada debt ratios recently reported as high.
That makes debt service and elimination of fixed monthly costs tougher and limits spending choices.
Will take a gander at my portfolio to see where that would hit most.Quick review says I should be able to weather a storm, but I do start RRIFing out the end of 2026. Glad I can self direct it.
Wise Sage.
The fun aspects of the RRIF's and other Reg accounts..............
If you have shares that you may consider "undervalued" at Dereg time, then seek to extract them as an "in-kind" dereg along with predetermined "Source withholding" cash pile.
So for argument's sake:
Sage wants 3,000 GH shares out of RRIF @ $11 each.
Total equity "in-kind" is $33,000; plus some cash for withholding tax.
Call it a $44,000 full deregistration if you did $33,000 GH plus $11,000 cash.
Sits at a 25% marginal tax rate: $11,000 cash / ($33,000 equities + $11,000 cash) = 11 / 44
Maybe you already know all this stuff and I'm beaking-off into the wind!
I've orchestrated a bunch of these for past customers, most of them loved the process once they understood it.
The less money the Govt gets, the less money wasted by retirees who worked hard for their downtime.
Cheers