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Retirees Strategize to Avoid OAS Clawback with $3.5M Assets

11/30/2025

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Summary

Story summary

Vince and Mindy, both 65, seek to maintain retirement living while avoiding the Old Age Security (OAS) clawback.
They hold about $3.5 million in assets, including $500,000 in a corporate account and $1.4 million in RRSPs.
Financial planner Matthew Ardrey recommends withdrawing $100,000 annually from the corporate account and delaying government benefits until age 70, yielding about $10,850 monthly after tax against $8,990 in monthly expenses.

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Story summary

Vince and Mindy, both 65, seek to maintain retirement living while avoiding the Old Age Security (OAS) clawback.
They hold about $3.5 million in assets, including $500,000 in a corporate account and $1.4 million in RRSPs.
Financial planner Matthew Ardrey recommends withdrawing $100,000 annually from the corporate account and delaying government benefits until age 70, yielding about $10,850 monthly after tax against $8,990 in monthly expenses.