Caleb and Riley are discussing the newly released 2022 Federal Budget, specifically those updates that are relevant for retirees to cruise through retirement with a game winning plan to maximize tax savings. Learn more about:

The proposed tax changes most likely to effect pre-retirees and those already retired
Long standing tax saving tips that you may be missing out on when filing your tax return
Which tax credits and deductions you should be taking advantage of at tax time

Memorable Quotes: “There are certain deductions 'made for' the retiree. Sometimes they are just little bit, but when you add them together it can be something substantial.” “A key takeaway for me is that taking advantage of the available tax credits or tax deductions doesn’t have to be stressful. I use to think it was, just in terms of knowing them all and knowing which apply to me to make sure I am not missing anything. Know which tax savings CRA has designed for people in your situation, and skip the rest.” Resources:

PWC Federal Budget Highlights

Hosted by Caleb Miller and Riley Anderson of InvestorDNA Meet Caleb and Riley Book a Call Subscribe on Apple Podcasts Subscribe on Spotify Subscribe on Google Podcasts

13: Must know 2022-2023 tax updates and tax saving tips for retiree’s