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Celine just celebrated her 71st birthday. Her husband is 65 and has recently retired. He earns $50,000 from a company pension plan, as does she.

Celine just celebrated her 71st birthday. Her husband is 65 and has recently retired. He earns $50,000 from a company pension plan, as does she. Celine needs to convert her RRSP to a RRIF by the end of the year. She does not need the income. 


What recommendations regarding the RRIF set-up would you make?

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