The Biggest Financial Risk After Age 75 (Canada)

Book a FREE consultation with me here: https://outlook.office.com/book/UmbrellaWealthManagementofRaymondJames@raymondjamesprod.onmicrosoft.com/s/AIZE-Xr_-0Gj_ofHgWEFyg2?ismsaljsauthenabled Many retirees worry most about stock market volatility after age 75. But one of the biggest financial risks at this stage of retirement often has nothing to do with investment returns. In this video, I walk through six overlooked retirement risks that become more significant after age 75, including cognitive decline, healthcare costs, financial fraud, widowhood, mandatory RRIF withdrawals, and estate planning mistakes. More importantly, I explain practical planning strategies that may help reduce their long-term financial impact. You’ll learn: - Why cognitive decline can affect financial decision-making before a - diagnosis - How healthcare and long-term care costs can impact retirement savings - Why older Canadians are frequently targeted by financial scams - The financial challenges surviving spouses often face - How mandatory RRIF withdrawals may increase taxes and OAS recovery tax exposure - Why outdated wills and beneficiary designations create estate problems - How to organize your financial affairs before they become difficult to manage - Why powers of attorney and healthcare documents matter - How to stress test your retirement plan for widowhood - Why discussing your wishes with family today may prevent future conflict The years after age 75 often require a different type of retirement planning. Investment management remains important, but protecting your finances, preparing your family, and creating a clear plan for future decision-making can become just as valuable. Building safeguards before they are needed may help preserve your retirement, protect your family, and reduce unnecessary financial stress during life's later stages. If you'd like help reviewing your retirement protection plan, estate planning strategy, RRIF withdrawals, or long-term retirement incom