Retirement · Book
The Horizon, Recalculated
Ray · Retirement
CPP-D becomes a retirement pension, OAS and GIS enter, and Ray plans decumulation around ongoing care — and leaving things tidy for his daughter.
Chapters
The Horizon, Recalculated
When working life ended early, retirement planning becomes income planning for a long stretch. Ray reframes what the next decades need to fund.
The Pension That Was Already Paying
At 65 Ray's CPP-Disability converts to the CPP retirement pension. He plans for the switch rather than being surprised by it.
The Government Adds a Floor
OAS begins at 65, and GIS may follow for low income. Ray learns how they layer onto his new CPP retirement pension and claims everything he's owed.
When AISH Steps Back
At 65 seniors' benefits take over from AISH. Ray maps the handover so the income mix is reshuffled cleanly and nothing falls through.
Turning the RDSP On
Ray's RDSP disability assistance payments begin. Only part of each payment is taxable, and often at a low rate, so timing matters.
Spending It Down, Carefully
Decumulation has to budget for care. Ray sequences his withdrawals and builds ongoing health costs into the drawdown, not around it.
Keeping It Simple for Nicole
Ray names beneficiaries on his registered accounts and keeps the estate uncomplicated. Clarity is the kindest thing he can leave his daughter.
The Conversation You Don't Want
A plan for if one day Ray can't decide is part of retirement, not separate from it. He revisits the advocate he named back in the budgeting book.
A Smaller, Calmer Horizon
Pensions, GIS, RDSP payouts, and a reserve come together. Recalculated and smaller, Ray's retirement is still calm and intentional.