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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

2 min

Can OAS clawback be avoided?

For high-income Canadian retirees, the Old Age Security (OAS) recovery tax—commonly known as the 'clawback'—can significantly reduce this valuable benefit. This income-tested mechanism means that as your income surpasses a certain threshold, your pension benefits are gradually reduced. But can OAS clawback be avoided? The answer lies in careful, strategic financial planning.

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5 min

How much income is tax free in Canada for seniors?

For many Canadian seniors, navigating retirement finances can be complex, especially with taxes. In 2025, the Basic Personal Amount is $16,129 for many, but this is just one piece of the puzzle. It’s crucial for older Canadians to understand exactly how much income is tax free in Canada for seniors to maximize their savings.

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4 min

How much do you need to retire in Canada if you have a pension?

According to a 2025 BMO Retirement Survey, Canadians believe they need about $1.54 million to retire comfortably. When you have a pension, your personal savings goal is much lower, but the ultimate amount you need to retire in Canada if you have a pension depends on many personal factors, not a single magic number.

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