Episode 22: Generating Retirement Income in a Volatile Market

Market ups and downs don’t stop your bills from coming in—so how do you create stable income in retirement when the markets are shaky?

In this episode of Money Monday, Darren shares smart strategies to help manage risk, protect your income, and keep your retirement goals on track—no matter what the markets are doing.

Watch now and help take control of your retirement strategy.

Darren Devine, CFP®, CLU®

Financial Planner, Sun Life
President of Devine and Associates Financial Services Inc.

Hello, and welcome to Money Monday, where we help simplify your financial journey. I'm Darren Devine, Financial Planner with Sun Life and President of Devine & Associates.

Retirement is about more than just saving—it's about turning those savings into a reliable income stream, especially when markets get rocky.

Market volatility can make even the most seasoned investors uneasy. But when you’re retired or close to it, those ups and downs can feel even more personal—because you're drawing income, not just watching the numbers move.

The key is having a diversified withdrawal strategy. That means balancing guaranteed income sources like pensions or annuities with more flexible assets like registered and non-registered investment accounts.

We also look at bucket strategies—separating your investments into short-, medium-, and long-term buckets based on when you’ll need the funds. This can help you avoid selling long-term growth assets when the market dips.

And don’t forget about tax efficiency. The order in which you draw income from various accounts—like RRSPs, TFSAs, and non-registered funds—can make a big difference in how much of your income you get to keep.

If you’re feeling uncertain about how to draw income in today’s market—or you just want a second opinion—we’re here to help guide you through it with clarity and confidence.

Thanks for tuning in. Don’t forget to like and comment for more episodes filled with tips to help make your financial journey a breeze. Until next time, I'm Darren Devine, and you can always talk to us today at DevineAndAssociates.ca!