Registered
Retirement Savings Plans
are an investment that grows on a tax deferred basis.
You do not pay tax on the funds until you make a withdraw
from your RRSP. Contributions to your RRSP are deductible
from your earnings up to your allowable limit.
Your
vision for retirement is an important step in your planning
for the last 30 years of your life. There are many different
"formulas" to tell what kind of income you'll need
for retirement, but they won't replace the value of a good
discussion with your financial advisor about your personal
dreams: when you want to retire and what you want to do.
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