Theo Nakamura

Theo Nakamura

CFP, CLU

Theo is a Certified Financial Planner and Chartered Life Underwriter based in Ottawa who specializes in retirement income and decumulation. After 15 years helping Canadians turn a lifetime of savings into a dependable retirement paycheque, he writes about CPP and OAS timing, RRIF and LIF withdrawals, tax-efficient drawdown, and estate planning. His focus is the part of planning most tools ignore — the years when you stop saving and start spending.

Articles by Theo Nakamura

Retirement Planning
Your Pre-Retirement Year-End Checklist (Age 55-71)

Three years from retirement, Lise wanted a clear-eyed year-end review instead of a vague sense of unease. A simple checklist turned a fuzzy worry into a confident plan.

October 20, 2026

Retirement Planning
Can I Retire Early? A Canadian FIRE Plan That Survived a Market Crash Test

Marcus knew his FIRE number. What he didn't know was whether his plan could survive a brutal market right after he stopped working. So he tested it — and slept a lot better afterward.

September 13, 2026

Estate Planning
Giving While It Counts: Charitable Giving That Cuts Your Estate's Tax

Eleanor Voss wanted to support a cause she loved and still take care of her family. She assumed it had to be one or the other. It did not.

August 16, 2026

Estate Planning
How Much Will Actually Reach Your Kids? Modelling Your Estate After Tax

Grace and Tomas Delgado knew the size of their estate. What they did not know was how much of it would survive taxes and actually land in their children's hands.

August 13, 2026

Estate Planning
The Final Tax Return Most Canadians Forget to Plan For

Harold and Brenda Whitfield had planned carefully for retirement, but nobody had told them about the one tax return that arrives after you are gone.

August 9, 2026

Retirement Planning
The Spousal RRSP Move That Still Pays Off in Your 60s

Linda assumed the spousal RRSP was a young person's tool. In their early sixties, she and Robert discovered it was exactly the lever they needed to even out their retirement income.

August 6, 2026

Retirement Planning
Whose Account Do We Spend First? A Couple's Guide to Coordinated Drawdown

Aisha and Omar each had a sensible plan to spend down their own savings. The problem was that two solo plans, added together, were quietly leaving money on the table.

August 2, 2026

Retirement Planning
Two Returns, One Household: How Pension Splitting Saved a Couple About $3,000 a Year

Margaret and Glen file two tax returns but live one life. When they looked at their household tax bill instead of two separate ones, a simple move freed up about $3,000 a year.

July 30, 2026

Retirement Planning
Sequence-of-Returns Risk: Why Retiring Into a Down Market Scared Tom — and What Fixed It

Tom retired at the worst possible moment — right before the market fell. A simple guardrail spending rule turned a terrifying first year into a plan that held up anyway.

July 26, 2026

Retirement Planning
Should You Buy an Annuity? How the Smiths Stress-Tested the Idea

The Smiths could not stomach the thought of a market crash dictating their retirement. Comparing a partial annuity against managing it all themselves gave them a floor they could trust.

July 23, 2026

Retirement Planning
The Bridge Benefit Nobody Explained: Retiring at 58 on a DB Pension

Suzanne could afford to retire at 58 but could not see how the income would hold together before her government benefits began. The piece she was missing had a name: the bridge.

July 19, 2026

Retirement Planning
Locked-In and Confused? Making Sense of LIRA and LIF Income

Marc-Andre had a pension transfer sitting in a LIRA he could not seem to touch. Once he understood how it turns into income, a stranded account became a dependable paycheque.

July 16, 2026

Retirement Planning
GIS: The Benefit Lower-Income Retirees Keep Leaving on the Table

Brigitte assumed her retirement income was simply too low to do anything about. It turned out the way she drew it was quietly costing her a benefit she had every right to claim.

July 12, 2026

Retirement Planning
Take CPP at 60, 65, or 70? What the Numbers Said for Three Different Retirees

60, 65, or 70? Three retirees, three completely different right answers. The lesson is not which age wins — it is that the best age depends entirely on you.

July 9, 2026

Retirement Planning
OAS Clawback: How Margaret Stopped Losing 15 Cents of Every Extra Dollar

Margaret was quietly handing back part of her Old Age Security every year. By reshaping where and when her income arrived, she kept far more of it.

July 5, 2026

Retirement Planning
The RRSP Time Bomb at 71 — and How Linda Defused It Early

Linda's large RRSP felt like a win — until she learned what happens at 71. By acting at 58, she turned a looming tax spike into a smooth, manageable bill.

July 2, 2026

Retirement Planning
Will My Money Last to 95? How David Finally Got a Straight Answer

David did not want a rosy single projection. He wanted the truth about whether his money would last. A probability of success gave it to him — and two small levers improved the odds.

June 28, 2026

Retirement Planning
The Order You Withdraw Matters: How One Couple Kept an Extra $60,000 in Retirement

Helen and Marc had saved well, but the order they spent their accounts quietly handed tens of thousands to the CRA. A small change kept the money in their pockets.

June 25, 2026