If you have a DB pension, stop investing like you don’t

Five years from retirement — are you invested all wrong? 1. Your DB pension converts to roughly $1.5 million in bond-equivalent wealth — so your RRSP and TFSA don’t need to play it safe. You can hold 55–65% equities in your registered accounts because your pension already covers the stability. → $1.5M 2. Prioritize maxing your TFSA first — the cumulative lifetime room hits approximately $109,000 in 2026, and every dollar of growth inside it is completely tax-free in retirement. → $109,000 3. Capital gains are still taxed at a flat 50% inclusion rate — the tiered $250,000 threshold was cancelled in March 2025 and never took effect, so don’t restructure your portfolio based on a rule that doesn’t exist. → 50% 4. Use low-cost asset allocation ETFs for automatic rebalancing, and glide your equity exposure down gradually — targeting 45–55% equities in the final one to three years before you retire. → 45–55% Full guide🌐 getwealthy.blog #canadafinance #personalfinance #canadianmoneytalk #moneytips #canada