It is unlikely that you would ever regret saving too much, but did you know that it is possible to over-allocate to your retirement savings at the expense of your larger financial picture, and to even unknowingly cause tax inefficiencies?

Retirement saving, much like any other aspect of financial planning, is about finding a balance in managing scarce resources to optimize all outcomes and avoid short-changing yourself. This article helps you re-evaluate your retirement savings and see if you are creating a tax trap for yourself in Canada.

Between managing expenses, keeping tabs on income, and being mindful of liquidity, our retirement years can feel like a complex juggling act. Read this article to understand how to preserve and sustain a desirable cash flow in your golden years through calculating what you keep based on current tax legislation, and how you can start improving your cash flow so that you can start experiencing the freedoms that come with financial independence.

Whether it is your desire to have a steady stream of income for your retirement, to fund philanthropic ambitions or to generate independent cash flow, this article provides 4 ways to create stable cash flow in retirement.