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My uncle is 60 years old now, has about $100K in RRSP. He retired, so $0 reported income. So if he withdrew $30,000 a year, which means $15,000 is taxable income (capital gains)? I don't have knowledge of taxes for investment income, but trying to get some knowledge of the basics what tax implications on the withdrawals. Like he doesn't want to withdraw money and get dinged heavily with taxes (ideally zero to minimal taxes).
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