Dave Chilton

What do you think I can do to avoid the OAS clawback?

And I basically said, shut up.

You don't need the money.

Give it to people who do need it.

And plus, I don't know of any strategies that are probably going to get you around that.

Now, that's a good segue into the RSP meltdown, something we're hearing more about, dramatically more about in the last 10 years.

I love listening to you talk about it before when you said, look, let's not get this too complicated.

you're really just trying to even out your retirement income more or less because that's the tax optimal strategy.

This is not as deep and as confusing as sometimes it sounds.

Talk a little bit more about that.

And this is something I don't understand.

Yeah, keep it tax-deferred as long as you possibly can, but not thinking through, again, all the other moving parts and, to your point, trying to equalize the income more or less because that's the tax-optimal strategy.

Again, I've said you've been very humble

I'm going to give you more credit in that I think, again, you were the first person I heard talk about how you have to look at all these sources of incomes together.

That if you just look at them in isolation, you're almost inevitably going to make a mistake from a tax perspective, especially on where to get at things.

Now, the industry has really improved.

on that front in the last five and 10 years.

In fact, a lot of the best advisors are focusing their energy on making sure they do the right thing there.

But you were really the first person to start talking about that in an out way.

It seems pretty obvious.