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are you getting ready to retire and not sure how to transition from a paycheck to retirement income how does it work where does my income come from how much tax am I going to pay for most of you for pretty much all of you when you hit retirement youre transitioning from one income stream to two to four maybe even up to eight or ten income streams you have your CPP OES Pension Plan rrsp Lira non-reg account you might have a rental property theres a lot of income streams and unfortunately they dont work together naturally you have to figure out how theyre going to work together how much tax youre going to owe and then come tax time are you getting a refund are you paying tax a good financial plan will map that all out but what are the first steps lets go through that so the first step is to look at what types of income youre going to have and in this video Im going to break down the four main types of income because thats most of you 99 of you it doesnt matter what size of acc
