From St. George’s School to Cash Management Group. We’re proud to have four St. George's School alumni contributing to the CMG team: Stefan Linden, CIM®, Senior Investment Advisor & Portfolio Manager; Ronac Chauhan, Business Development; and our summer interns, Lennon Lazare and Henry Jagger. It’s great to see the St. George’s community represented across different generations and roles at CMG, and even better to provide opportunities for the next generation to learn alongside experienced professionals. Once a Saint, always a Saint.

Each year, the Cash Management Group team comes together for our annual beach cleanup—an opportunity to give back to the community that has supported us for so many years. From collecting litter along Vancouver's shoreline to spending time together outside the office, it's a reminder that meaningful change often starts with small actions and a shared commitment. A big thank you to everyone who volunteered their time to help protect our local beaches. We're proud to be part of a community that values both financial well-being and environmental stewardship. #CashManagementGroup #GivingBack #Community #Vancouver #BeachCleanup #TeamCMG

Did you know one good year could wipe out your entire OAS payment? It’s called the clawback. Past about $95,000 of income, the government takes back 15¢ of every dollar over — and once you’re up around $155,000, your OAS is gone completely for the year. Here’s the trap: it counts everything — your RRIF, your CPP, and one-time hits like selling a cottage or a rental. A man who sold his cottage one summer pushed his income high enough to lose his entire OAS for that year, roughly $9,000, gone. The fix is to spread big sales or withdrawals across years, so no single year spikes. Every Canadian over 60 should know this — send it to someone who’s retired, and follow for more Canadian retirement and OAS planning. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

This retired couple handed the CRA an extra $100,000 without realizing it. A teacher and her husband, an engineer, with $1.4 million saved, avoided touching their RRSPs for years to dodge tax. But at 71 those accounts are forced open, and all that deferred money came flooding out on top of their other income, in the highest brackets. The fix was simple: draw it down earlier, in their low-tax years, and smooth it out. Have you converted your RRSP yet, or are you waiting until 71? Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

If you have a large RRSP, a massive tax bill could already be waiting for you. A 70-year-old I met — a modest earner who’d quietly built a big RRSP — got a tax bill in retirement bigger than any he’d paid while working, all because of that one account. You never paid tax on the money going in, so the government is still your partner in it. Wait too long and it all comes out at once, at the highest rates, stacked on CPP and OAS. If you’re in your 60s with a big RRSP and no drawdown plan, that fuse is already lit. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

Most Canadians think they need millions more to retire than they actually do — and that fear is keeping them working for nothing. I met a 61-year-old couple who put in three extra years out of fear they hadn’t saved enough. They had. The retirement industry profits from that fear. Here’s the truth: your number isn’t a headline, it’s about 25 times what you spend in a year. Live on $60,000 on top of CPP and OAS, and your target is closer to $1.5 million, not $3 million. A lot of people could retire today and don’t realize it. So what’s your retirement number? Take a guess in the comments, and follow for more Canadian retirement planning. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

If you’re over 55 with a large RRSP, a six-figure tax bill may already be building — and you can’t see it yet. You never paid tax on that money going in, so the government is still a partner in the account. Every dollar is taxable coming out, and at 71 it’s forced out whether you need it or not, stacked on top of CPP and OAS. I met a couple, both teachers, with $900,000 in RRSPs who left it untouched “to save tax” — and quietly built a bill about to explode. The fix is to start drawing it down in your low-income years, before that wave hits. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

Saving more money won’t fix the biggest retirement mistake most Canadians make — because it’s not about how much you save, it’s about four leaks on the way out. Here they are in 40 seconds. #1: Too much cash sitting idle, which can cost you hundreds of thousands in lost growth. #2: Fees you can’t see, draining six figures over a retirement. #3: Taking CPP and OAS at the wrong age. #4: Withdrawing in the wrong order, which hits every dollar every year and claws back your benefits. The first three cost you once; the fourth costs you for 30 years. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

A 72-year-old retiree lost $8,000 of his Old Age Security in a single year — because he pulled a big lump sum from the wrong account. He needed cash for a new roof, so he took it all from his RRIF. But every RRIF dollar is fully taxable, and that one withdrawal pushed his income up near $150,000. Past about $95,000, the government claws back your OAS 15¢ for every dollar over — and a spike that big wiped out almost his entire payment for the year. Had he split the cash between his RRIF and his tax-free TFSA, he’d have stayed lower and kept most of it. Where would you pull a big one-time expense from — RRIF, TFSA, or non-registered? Comment below, and follow for more Canadian retirement, RRIF, and OAS planning.

Two retirees made the exact same CPP contributions their whole careers — but one now gets over $1,000 more every single month, for life. The only difference is the age they started. Take CPP at 60 and you lock in 36% less forever; wait to 70 and you get 42% more. To be fair, the early taker collects 10 extra years of cheques first, so if you don’t expect a long retirement, taking CPP early can win. Live past about 82 and waiting comes out ahead — often by six figures. The real mistake isn’t taking it early; it’s choosing by default with no idea where your breakeven is. What age are you planning to take CPP — 60, 65, or 70? Comment below, and follow for more Canadian retirement and CPP planning.

Spending more in retirement but not living any bigger? You’re not imagining it, and it’s not your fault. I call it the Quiet Raise — every year your lifestyle gives itself a raise you never approved. Same groceries, same house, more money out the door. The headline says inflation cooled to 2%, but prices don’t fall when inflation slows — they just rise slower from a higher base, and your CPP and OAS track that calm number, not the prices you actually pay. So the gap widens every single year. Book a meeting: bit.ly/4vZ78zz 604.643.0101 [email protected]

Two Canadians, same million-dollar retirement portfolio, same pension — but one needs $8,000 more every year to live the exact same life. The only difference? One retired in 2020, the other retires today. This is the retirement inflation problem almost nobody plans for: your CPP and OAS are indexed to the “official” ~2% inflation number, but since 2019 groceries are up over 30%, insurance around 45%. Every year the gap quietly widens and you pay more just to stand still. I built a one-page checklist to catch this in your own retirement plan — comment PLAN and I’ll send it to you. Follow for straight-talk Canadian retirement and inflation planning. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

Happy Canada Day from the Cash Management Group! Canada Day provides an opportunity to reflect on the values that unite us, celebrate the communities we call home, and spend meaningful time with family and friends. As we recognize our country's history, diversity, and achievements, we are grateful for the relationships we have built with our clients, colleagues, and communities across Canada. Please note that Canadian financial markets will be closed on Tuesday, July 1, in observance of Canada Day. Regular trading and settlement activities will resume on Wednesday, July 2. Should you have any questions regarding your accounts or upcoming transactions, our team will be pleased to assist you when markets reopen. Book a meeting: calendly.com/cashgroup-cgf Contact us at [email protected] 604.643.0101

There’s no shortage of financial information available today. The challenge isn’t finding information. It’s knowing which strategies make sense for your specific situation. Whether you're managing excess corporate cash, overseeing municipal funds, preparing for retirement, or looking to preserve capital in an uncertain market, every financial decision should be made with a clear objective in mind. That’s where working with an experienced advisor can make a difference. At the Cash Management Group, we take the time to understand your goals, liquidity needs, risk tolerance, and time horizon before recommending solutions. We believe effective cash management starts with a conversation, not a product. If you're looking for a trusted partner to help navigate your financial priorities, we'd welcome the opportunity to connect. Book a meeting: calendly.com/cashgroup-cgf [email protected] 604.643.0101

How long could your retirement savings last? While there is no one size fits all answer, understanding the factors that influence retirement income can help individuals make more informed financial decisions. In this short video, we discuss how spending needs, investment returns, inflation, and income sources may impact the longevity of a retirement portfolio. Retirement planning is an ongoing process, and regularly reviewing your financial strategy can help ensure it continues to align with your goals and circumstances. To discuss your financial goals or retirement strategy, connect with one of our Investment Advisors today. Book a meeting: calendly.com/cashgroup-priva… 604.643.0101 [email protected]

Strong leadership is about more than direction. It is about building trust, creating opportunity, and empowering a team to grow together. At the Cash Management Group, we are fortunate to have leaders who continue to guide, support, and inspire our team every day. Their experience, dedication, and commitment to both clients and colleagues help create a culture built on collaboration, accountability, and continuous improvement. Great leadership not only shapes strong teams, but also helps deliver better outcomes for the clients and communities we serve. We are proud of the leadership behind CMG and grateful for the example they set each day.

Every financial journey is unique, but the importance of having a clear strategy remains the same. Whether you're managing corporate cash, planning for retirement, preserving wealth, or navigating changing market conditions, having a disciplined approach can help you stay focused on your long term goals. At the Cash Management Group, we work closely with individuals, businesses, municipalities, and institutions to provide customized solutions designed to meet their unique financial needs. If you'd like to learn more about our services or discuss your financial objectives, we'd be happy to connect. Book a meeting: calendly.com/cashgroup-cgf [email protected] 604.643.0101

A strong financial plan brings clarity and direction to your long-term goals. In this video, we outline the fundamentals of financial planning, from managing cash flow to building a strategy that evolves with you over time. If you would like to take a more structured approach to your finances, connect with our team. Book a meeting: calendly.com/cashgroup-priva… Or contact us at 604.643.0101 or [email protected]

The US Federal Reserve announced today that it will maintain its benchmark interest rate in the target range of 3.50% to 3.75%. While the decision was widely expected, the details behind it are important. The Federal Reserve removed language suggesting future rate cuts and adopted a more neutral stance as policymakers continue to balance persistent inflation pressures against a resilient economy and labour market. US inflation rose 4.2% year over year in May, driven in part by higher energy prices, while nonfarm payroll employment increased by 172,000 jobs and the unemployment rate remained at 4.3%. Together, these conditions give policymakers room to remain patient as they assess incoming economic data. Markets are increasingly pricing in a higher-for-longer interest rate environment, with expectations for potential additional tightening later this year if inflation remains elevated. Read the full article here: bit.ly/4uK6OmR

How much money do you actually need before stepping away from your career? In our latest short video, we discuss some of the key financial considerations that can influence long term financial independence, retirement readiness, and lifestyle planning. The answer is different for everyone and depends on factors such as spending needs, investment strategy, income sources, and long term financial goals. Understanding these variables is an important part of building a plan that aligns with your future objectives. If you would like to discuss your financial plan or retirement strategy, connect with one of our Investment Advisors today. Book a meeting: calendly.com/cashgroup-priva… Or contact us directly at: 604.643.0101 | [email protected]