Comments on: National Post article: Should Caroline, 62, defer CPP and OAS until age 70, or even delay retirement entirely? https://edrempel.com/national-post-article-should-caroline-62-defer-cpp-and-oas-until-age-70-or-even-delay-retirement-entirely/ Insights From Experience on Building Financially Security Fri, 28 Aug 2026 19:19:05 +0000 hourly 1 https://wordpress.org/?v=7.1 By: Deb R https://edrempel.com/national-post-article-should-caroline-62-defer-cpp-and-oas-until-age-70-or-even-delay-retirement-entirely/#comment-46552 Thu, 30 Apr 2026 22:42:23 +0000 https://edrempel.com/?p=6744#comment-46552 I did pretty much like Caroline. I retired at 67, deferred CPP and OAS to 70 as no workplace pension. My RRSP, TFSA and Non-registered accounts are heavily weighted towards equities, but I do keep about 2 yrs of income in high-interest savings accounts to be able to ride out market plunges. One thing that bugs me is that the government tells us how much we must withdraw from our RRIF each year. In my later 60s I withdrew larger amounts from my RRSP before converting to RRIF and transferred to other accounts, so that OAS wouldn’t be clawed back and taxes could be smoothed out over time. Another thing that bugs me is that the tax code is very unfair to single seniors compared to couples.

]]> By: Ed Rempel https://edrempel.com/national-post-article-should-caroline-62-defer-cpp-and-oas-until-age-70-or-even-delay-retirement-entirely/#comment-46551 Thu, 30 Apr 2026 20:32:44 +0000 https://edrempel.com/?p=6744#comment-46551 In reply to Pablo.

Hi Pablo,

With “self-made dividends” you just withdraw the cash for your lifestyle from your investments each month. You may be able to automate it to send you the same amount on the same day each month.

They are not actually dividends. When you sell an investment each month to get your cash, you may trigger a capital gain for the amount above the book value. You get a combination of capital gain and your own money back.

You can use this same method for all your accounts, including RRSP & TFSA, although the tax is different.

This process allows you to stay invested for growth through your entire retirement, which provides a signficantly more comfortable retirement for you.

Ed

]]> By: Pablo https://edrempel.com/national-post-article-should-caroline-62-defer-cpp-and-oas-until-age-70-or-even-delay-retirement-entirely/#comment-46550 Thu, 30 Apr 2026 18:00:23 +0000 https://edrempel.com/?p=6744#comment-46550 Hi Ed,
I love the “self made dividend s” option .
So, you are simply withdrawing dividends from your accounts as needed?
So at the end of the year you just pay taxes on the dividends withdrawned troughout the year?
I thought that was the only option available.
What other options are there?
What other way do people withdraw their dividends, typically?
Also, what type of account are “self made dividends ” best taken out of?Non-Registered, TSFA. RRSP?
Pablo

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