Wealthi Financial & Tax Advisory — Richmond Hill & Aurora, ON647-951-1588 · partners@wealthi.ca · 中文

Families & Retirement

Retirement tax planning for high earners.

No corporation, top bracket, registered accounts full. Your leaks have different names — the planning is the same discipline.

The 53.53% problem

Ontario's top combined marginal rate is 53.53%. If you're a professional or executive earning above $250K, every incremental dollar loses more than half of itself — and unlike an owner, you have no corporation to defer into. Once RRSP and TFSA room is gone, most advice runs out. That's exactly where structure starts mattering: which account each dollar lives in decides how much of it survives.

The retirement trap nobody prices in: OAS clawback

Above $95,323 of retirement income (2026), Old Age Security is clawed back at 15¢ per dollar — stacked on income tax, your effective marginal burden in that zone can exceed 58%. The fix isn't earning less; it's changing the shape of income. Withdrawals from a TFSA and loans against a policy's cash value don't count toward the clawback line at all. See where your plan lands — LAB 02, then read the OAS planning guide.

The certainty layer: participating whole life

For the portion of your wealth that should never see a bear market — the layer you'd otherwise hold in bonds or GICs — participating whole life compounds tax-free, never re-prices downward once dividends are credited, and pays out tax-free outside your estate. It isn't a stock substitute and we'll never sell it as one; it competes with your fixed-income allocation, and LAB 03 shows you exactly when it wins and loses. Already holding a policy — ours or anyone's? Upload the illustration and read it like an actuary: real IRR, GIC breakeven, and the tax-free retirement income it can support.

Growth with a floor: segregated funds

Market exposure with 75–100% maturity and death guarantees, named beneficiaries that bypass probate, and potential creditor protection — segregated funds are how we hold RRSP/TFSA/non-registered assets when the estate side matters as much as the return side.

Passing it on without a 21-gun tax salute

Probate, deemed disposition, and the slow leak of taxable estates can take a third of what you meant to leave. Named beneficiaries, insurance payouts outside the estate, and the s.148(8) cascading transfer — moving a policy to a child tax-free, cash value included — are the quiet mechanics of families whose wealth actually arrives.

Go deeper

The family library

Step three · the instruments

The tools the fixes above are built with

Structures are executed with a small set of instruments — each one here because it solves a tax problem, never the other way around.

Book a Tax Diagnostic

Thirty minutes. Your numbers. No products pitched.

The first conversation is free — your situation, our method, and whether we fit. Complex files quote a planning fee up front: you'll know before we start.

// the only variable in this plan that gets more expensive every year is your age