The Debate About a Balanced Portfolio of 60% Stocks and 40% Bonds and a Review of the C.D. Howe Report on RRIF Mandatory Withdrawal Rules
By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE
In this Episode, James Parkyn & François Doyon La Rochelle discuss a recent report from the C.D. Howe Institute that highlights the need to revamp the rules surrounding Registered Retirement Income Funds (RRIFs) withdrawals.
They also tackle the current debate over the classic way of building a balanced portfolio which is an allocation of 60% stocks & 40% bonds.
Read The Script:
1) INTRODUCTION:
François Doyon La Rochelle: You’re listening to Capital Topics, episode #53!
This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.
Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.
In this episode, we will discuss the following points:
For our first topic, we will review and comment on the C.D. Howe Institute report on RRIF Mandatory Withdrawal Rules.
And next, for our main topic, we will tackle the debate regarding the classic 60/40 balanced portfolio.
Enjoy!
1) REVIEW OF THE C.D. HOWE REPORT ON RRIF MANDATORY WITHDRAWAL RULES :
François Doyon La Rochelle: In our first topic today, we will discuss a recent report from the C.D. Howe Institute that highlights the need to revamp the rules surrounding Registered Retirement Income Funds (RRIF) withdrawals because demographics and economic realities have changed since the rules were introduced. The report from C.D. Howe is entitled “Live Long and Prosper. Mandatory RRIF Drawdowns Raise the Risk of Outliving Tax-Deferred Saving”..…Read More
Links:
- Episode #52 : The New Tax-Free First Home Savings Account FHSA — Capital Topics by James Parkyn & François Doyon La Rochelle
- Episode 50: 2023 Update on Expected Returns — Capital Topics By James Parkyn & François Doyon La Rochelle
- The silver lining from a tough year in the markets is higher expected returns. — Capital Topics by James Parkyn
- A look back and forward at the 60/40 portfolio | Vanguard Canada By Vanguard Canada
-Live Long and Prosper? Mandatory RRIF Drawdowns Raise the Risk of Outliving Tax-Deferred Saving By William B.P. Robson & Alexandre Laurin at The C.D. Howe Institute