DiscoverRetiring CanadaEP 58 - Maximize Retirement by Minimizing Cash Drag
EP 58 - Maximize Retirement by Minimizing Cash Drag

EP 58 - Maximize Retirement by Minimizing Cash Drag

Update: 2025-07-22
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Description

Could your retirement portfolio be silently underperforming because of cash you didn’t even realize you had? Cash drag may be one of the easiest retirement mistakes to fix—and the cost of ignoring it could be massive.

Specifically, we are going to discuss:

-  What is cash drag, and how does it impact your retirement nest egg

-  Three area’s we find excess cash, some of it hidden

- A reasonable buffer to keep in your bank account for ongoing needs

-  A misguided reason some may hold excess cash in their investments

-  A simple example to put it all together and illustrate what your missing out on

Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.

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 ***

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EP 58 - Maximize Retirement by Minimizing Cash Drag

EP 58 - Maximize Retirement by Minimizing Cash Drag

Michael Isbister, CFP®