Team Up Planning Group Inc.

Lifestyle Financial Planning
Vision. Clarity. Confidence.

[Team Up Planning Group Inc. @TeamUpPlanning]

bigger deduction today. Plan withdrawals strategically: TFSA can be flexible, while RRSP withdrawals are generally taxable when taken. And yes—we keep an eye on the limit: In 2026, the TFSA limit is $7,000. Any excess amount in your TFSA is taxed at 1% per month for as long as it

[Team Up Planning Group Inc. @TeamUpPlanning]

TFSA overfilled—again? That “small slip” costs 1% monthly until it’s fixed. Here’s our two-account timeline approach: Contribute to TFSA when you want tax-free withdrawals now or later (and you can re-contribute next year). Use RRSP when you’re in a higher tax bracket and want a

[Team Up Planning Group Inc. @TeamUpPlanning]

bigger deduction today. Plan withdrawals strategically: TFSA can be flexible, while RRSP withdrawals are generally taxable when taken. And yes—we keep an eye on the limit: In 2026, the TFSA limit is $7,000. Any excess amount in your TFSA is taxed at 1% per month for as long as it

[Team Up Planning Group Inc. @TeamUpPlanning]

TFSA overfilled—again? That “small slip” costs 1% monthly until it’s fixed. Here’s our two-account timeline approach: Contribute to TFSA when you want tax-free withdrawals now or later (and you can re-contribute next year). Use RRSP when you’re in a higher tax bracket and want a

[Team Up Planning Group Inc. @TeamUpPlanning]

bigger deduction today. Plan withdrawals strategically: TFSA can be flexible, while RRSP withdrawals are generally taxable when taken. And yes—we keep an eye on the limit: In 2026, the TFSA limit is $7,000. Any excess amount in your TFSA is taxed at 1% per month for as long as it

[Team Up Planning Group Inc. @TeamUpPlanning]

TFSA overfilled—again? That “small slip” costs 1% monthly until it’s fixed. Here’s our two-account timeline approach: Contribute to TFSA when you want tax-free withdrawals now or later (and you can re-contribute next year). Use RRSP when you’re in a higher tax bracket and want a

[Team Up Planning Group Inc. @TeamUpPlanning]

bigger deduction today. Plan withdrawals strategically: TFSA can be flexible, while RRSP withdrawals are generally taxable when taken. And yes—we keep an eye on the limit: In 2026, the TFSA limit is $7,000. Any excess amount in your TFSA is taxed at 1% per month for as long as it

[Team Up Planning Group Inc. @TeamUpPlanning]

TFSA overfilled—again? That “small slip” costs 1% monthly until it’s fixed. Here’s our two-account timeline approach: Contribute to TFSA when you want tax-free withdrawals now or later (and you can re-contribute next year). Use RRSP when you’re in a higher tax bracket and want a

[Team Up Planning Group Inc. @TeamUpPlanning]

bigger deduction today. Plan withdrawals strategically: TFSA can be flexible, while RRSP withdrawals are generally taxable when taken. And yes—we keep an eye on the limit: In 2026, the TFSA limit is $7,000. Any excess amount in your TFSA is taxed at 1% per month for as long as it

[Team Up Planning Group Inc. @TeamUpPlanning]

TFSA overfilled—again? That “small slip” costs 1% monthly until it’s fixed. Here’s our two-account timeline approach: Contribute to TFSA when you want tax-free withdrawals now or later (and you can re-contribute next year). Use RRSP when you’re in a higher tax bracket and want a

[Team Up Planning Group Inc. @TeamUpPlanning]

Want us to run the numbers for your situation? Visit https://t.co/A2gAvocsUk. #RetirementPlanning #RetirementIncome #WithdrawalStrategy #FinancialPlanning #FeeBased #LifestyleFinancialPlanning #Retirement #Toronto #Markham #Vaughan #Mississauga #Cambridge #GTA #Canada

[Team Up Planning Group Inc. @TeamUpPlanning]

Plan to “wing it” in retirement—and then hope 30 years works out? In 2026, our research-backed starting point for a balanced portfolio points to withdrawal rates around ~3.9%—typically considered safe in a ~30-year plan within a 3.7–4.0% range. But the “right” number isn’t just

[Team Up Planning Group Inc. @TeamUpPlanning]

math. It depends on your pension cashflow (and when it kicks in), plus whether you can cut spending in down years. That’s why we map a pension + savings + investment withdrawal sequence you can actually follow—then stress-test it so you’re not guessing when markets get rough.

[Team Up Planning Group Inc. @TeamUpPlanning]

#Markham #Vaughan #GTA #Ontario

[Team Up Planning Group Inc. @TeamUpPlanning]

After decades of saving, investing, and preparing for retirement, many Canadians face an unexpected challenge: They're afraid to spend their money. Ironically, one of the biggest retirement risks isn't running out of money. It's reaching your 80s or 90s and realizing you never

[Team Up Planning Group Inc. @TeamUpPlanning]

#RetirementPlanning #RetirementIncome #FinancialPlanning #CanadianRetirement #RetirementLifestyle #RetireWithConfidence #FinancialWellness #RetirementGoals #MoneyManagement #PersonalFinance #RetirementCoach #FinancialFreedom #HealthyRetirement #LifeAfterWork #Cambridge #Toronto

[Team Up Planning Group Inc. @TeamUpPlanning]

the math with your numbers? Visit our website: https://t.co/A2gAvocsUk #RetirementPlanning #Inflation #CPP #FinancialPlanning #LifestyleFinancialPlanning #Retirement #Toronto #Markham #Vaughan #Mississauga #Cambridge #GTA #Canada

[Team Up Planning Group Inc. @TeamUpPlanning]

We see it all the time: a retirement budget that looked solid in the spreadsheet… then inflation quietly starts pushing the goalposts. So we stress-test it the simple way: Build a baseline monthly retirement budget (housing, food, utilities, health, fun). Then run two scenarios

[Team Up Planning Group Inc. @TeamUpPlanning]

using updated CPP indexing for inflation—CPP benefits were increased by 2.7% in 2025 and are expected to rise again (CPP is adjusted yearly to keep up with inflation; 2% for 2026). If your plan only works in the “nice” scenario, it’s not a plan yet—it’s a guess. Want us to run