What $1 Million Really Looks Like in Retirement in Canada (2026)
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⭐️⭐️ What $1 Million Really Looks Like in Retirement in Canada (2026)
In this video, Rob breaks down what $1 million really looks like in retirement in Canada in 2026, and why it doesn't provide the same lifestyle or flexibility it once did.
Using real-world cost increases, updated retirement spending patterns, and today's tax realities, we walk through how inflation, longevity, portfolio structure, and withdrawal strategies affect retirees.
This discussion covers key topics like retirement income planning, the 4% rule, tax efficiency in retirement, RRSP and TFSA withdrawals, and how Canadians should think about CPP, OAS, and portfolio allocation when planning for retirement today.
CHAPTERS:
00:00 - The Problem
00:36 - The Difference Between Now & 20-30 Years Ago
01:40 - Real World Cost Increases
03:21 - The Reality of The 4% Rule
04:19 - Retirement Spending Habits
05:24 - Tax Efficiency in Retirement
06:26 - Portfolio Allocation in Retirement
07:22 - The Good News...
07:55 - What You Should Do Now
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