Our 3-step retirement planning process helps you stop worrying and start building your perfect cross-border retirement
Are you a Canadian living in the U.S.? Your financial situation is more complex than most and deserves expert planning tailored to your unique needs. At RetireMitten Financial, we specialize in helping Canadians navigate cross-border financial planning with confidence and clarity.
Meet our team of experienced cross-border financial planners.
There are two pricing options, depending on your needs. A subscription-based service for those needing comprehensive financial planning. Also, a separate service for those needing both comprehensive financial planning and investment management.
Bryan discussed the complexities of retirement planning for Canadians living in the U.S., highlighting six common mistakes that can lead to significant financial losses. He emphasized the importance of coordinating Social Security and Canada Pension Plan benefits, understanding OAS eligibility and benefits, and developing a strategic RRSP withdrawal plan to avoid unnecessary taxes.
This video focused on comparing financial considerations for retirees choosing between the United States and Canada. Bryan discussed key differences in income taxes, government benefits, healthcare costs, and estate taxes between the two countries.
We discuss the importance of estate planning for Canadians living in the United States. We explain the differences between wills and trusts, highlighting that a will is essential for asset distribution but does not avoid probate, while a revocable living trust can help bypass probate and provide more control over assets.
If you’ve lived or worked in both the U.S. and Canada, where should you retire from a tax perspective? In this video, we break down a detailed side-by-side comparison of retirement taxes in the United States and Canada, analyzing three income levels for married couples. The results may surprise you.
Bryan discussed the significant tax implications for Canadian residents with RRSPs who pass away in the United States, emphasizing the importance of proper estate planning to minimize tax burdens on heirs. He compared the differences between U.S. and Canadian retirement accounts regarding tax treatment upon death and inheritance rules, noting that U.S. accounts are generally more favorable for heirs. Bryan provided various strategies for managing Canadian retirement accounts to optimize estate planning and minimize tax consequences, including options for withdrawal timing and beneficiary designations.
This video focused on strategies for managing U.S. 401K accounts when moving back to Canada.
