Flexible Withdrawal Options The amount available for withdrawal is based on the age of the owner, or older owner if jointly owned, at the time of the first withdrawal after age 59 1/2.
ERTW: To the extent that most people hold some cash as emergency savings, a TFSA is a good place to hold this because
of flexible withdrawal rules.
Considerations of spending patterns,
flexible withdrawal rates, increased healthcare costs, tax preference and investing style require a bit more time.
Many funds have
flexible withdrawal terms however, if you are allowed to withdraw your money, it is usually subject to strict conditions and there may be fees payable
6)
Flexible Withdrawal: This payment method pays out retirement income in a manner that does not have a structured payout option (methods 1 - 4, or 7 - 10).