Note that this section of the website is not particularly active; I hope to publish about one personal finance article per month.

Tuesday, May 13, 2014

Strategic RRSP Planning

In this article aimed at Canadian readers, I briefly explain what a Registered Retirement Savings Plans (RRSP's) is, and the strategic principles of why you would want to use them. My discussion is aimed at readers who are relatively far away from retirement. (There are similar savings vehicles in other countries which may have similar principles, but the details depend upon the specifics of tax laws.) I discuss why arguments that RRSP's will face tax disadvantages because "governments are broke" are questionable.