Question: Gary intends to wait until the latest possible date before transferring his RRSP assets into a RRIF. Beginning in the year of his first mandatory
Gary intends to wait until the latest possible date before transferring his RRSP assets into a RRIF. Beginning in the year of his first mandatory withdrawal, what is the maximum amount Gary will be able to withdraw from his RRIF at the beginning of each month and still achieve the objective set for his estate? Calculations should reflect an inflation-adjusted, before-tax amount. Assume today's date is January 1st
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