CPP, OAS, RRSP, TFSA, which account first?

CPP OAS RRSP TFSA which account first? 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗰𝗮𝗹𝗹 𝘄𝗶𝘁𝗵 𝗗𝗮𝘃𝗶𝗱 📅 https://meetings.hubspot.com/david-aaron If you’re a Canadian approaching retirement or recently retired, this question comes up all the time: Which account should I use first? CPP, OAS, RRSP, or TFSA. The order matters more than most people realize, and getting it wrong can quietly cost you tens of thousands of dollars in unnecessary tax and lost benefits. In this video, we walk through how these four pillars actually work together in a real retirement income plan. Not theory. Not rules of thumb you read online. Real planning logic that considers taxes, government benefits, and how long your money needs to last. Most Canadians were taught to focus on saving, especially into RRSPs. Very few were taught how withdrawals work once paycheques stop. That’s where problems start. Drawing the wrong account first can push you into higher tax brackets later, trigger OAS clawbacks, or leave you with fewer options in your 70s and 80s. We break down how CPP and OAS fit into the picture, including why timing matters and how delaying or starting early affects long-term income. We also explain why RRSPs are often the most misunderstood account in retirement and why blindly deferring withdrawals can backfire. And yes, we talk about TFSAs, including when they should be used for spending, when they should be preserved, and how they can quietly protect government benefits if used properly. This video is especially important for couples, because coordination between spouses can dramatically change outcomes. Who draws what first. When pensions start. How survivor income is protected. These decisions are connected, whether you realize it or not. If you’re between ages 50 and 75, pre-retired or newly retired, this is one of those foundational topics you need clarity on before making any big moves. The goal isn’t to pay the least tax this year. The goal is to pay the least tax over your lifetime while keeping income steady and predictable. In this video, you’ll learn: ✅ How CPP and OAS should be layered into your income plan ✅ Why RRSPs can become a tax trap if ignored too long ✅ When TFSAs should be used for spending versus protection ✅ How poor withdrawal order can trigger OAS clawbacks ✅ Why there is no single “right” answer without a full plan If you want to avoid costly mistakes and understand how these accounts really work together, this video will give you a clear framework to think about your next move. If you found this helpful, subscribe for weekly Canadian retirement planning content. And if you want help building a personalized plan, details are in the description below. 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗪𝗮𝘁𝗰𝗵: This video is not just for economists or financial experts; it’s for anyone concerned about their financial well-being in the coming years. If you're looking for ways to safeguard your investments, plan for retirement, or understand the economic indicators that could impact your future, this video is your go-to resource. By the end of this discussion, you’ll have a clearer understanding of the driving forces behind rising interest rates, market volatility, CPP / OAS, Retirement planning and the tools you'll need for protecting your assets and ensuring a secure financial future. Don't leave your financial future to chance. Equip yourself with the knowledge you need and consider getting professional advice to navigate these uncertain times. Subscribe for more insights and actionable tips. Disclaimer: This video is for informational purposes only and should not be considered as financial advice. If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to schedule your confidential meeting with me.  You can schedule your meeting here: https://meetings.hubspot.com/david-aaron ➤ 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄 to our Channel here: http://bit.ly/2lPUJjA​​​ ➤ 𝐇𝐨𝐰 𝐈 𝐡𝐞𝐥𝐩 𝐌𝐲 𝐂𝐥𝐢𝐞𝐧𝐭𝐬 𝐀𝐜𝐡𝐢𝐞𝐯𝐞 𝐓𝐡𝐞𝐢𝐫 𝐆𝐨𝐚𝐥𝐬: https://youtu.be/xtRIhNrw7ho ➤ Business Inquiries: ☎️ 1-866-623-8368 📥 [email protected] 🌐 https://aaronwealthmanagement.com/ 📅 https://meetings.hubspot.com/david-aaron ⚡ 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗗𝗮𝘃𝗶𝗱 𝗔𝗮𝗿𝗼𝗻 𝗼𝗻 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮 Facebook: https://www.facebook.com/aaronwealthmanagement LinkedIn: https://www.linkedin.com/in/aaronwealthmanagement/ Instagram: https://www.instagram.com/aaronwealthmanagement/ Toronto Mississauga Oakville Burlington Brampton Woodbridge Vaughan Richmond Hill Newmarket Thornhill NorthYork GTA Etobicoke Markham Aurora King City Ontario Manitoba British Columbia Alberta New Brunswick #cpp #oas #retirementplanning