Spending from retirement savings, or decumulation, in a way that maximizes what you have left to spend after taxes is surprisingly complex.  I’ve done extensive simulations of various strategies for my situation, including strategies that change over time, to find what works best for me.  Here I describe how I’m managing my RRSP in retirement, but it’s important to remember that it may or may not work well for you depending on your particular circumstances. Looking for the fully optimal financial strategy is futile.  I ran my simulations and chose a simple enough strategy that worked well across a wide range of investment outcomes.  The only reason for changing my strategy is if something happens that is far outside my expectations.  Those who constantly seek perfection waste their time and hurt their outcomes with constant tinkering. Our portfolio and goals My wife and I have RRSPs, TFSAs, and non-registered accounts.  I prefer not to discuss exact amounts...