Her advice: he should consider slowly boosting his fixed income holdings in his TFSA as he gets closer to the day he leaves the military. (moneysense.ca)
Going forward, there is a $ 50,000 threshold on passive income held in corporations. (macleans.ca)
Still, he does say that a 35 % fixed income holding of 27 bonds is indeed too much. (moneysense.ca)