Can you have too much money in your RRSP?

Can you have too much money in your RRSP? Earlier this year the Registered Retirement Savings Plan (RRSP) celebrated yet another birthday. This means for decades Canadians have had a great opportunity to defer taxes and growth their retirement nest egg…
ETFs 101

ETFs 101 I’ve received a few emails of late from readers asking about Exchange Traded Funds (ETFs).  It inspired this ETFs 101 post.  This particular question caught my attention: Hi, I’ve recently learned I can use my TFSA for much…
Our TFSA and RRSP Considerations for 2014

Over the last few weeks, I’ve received a number of emails from readers asking questions about Tax Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs).  Here was another recent question, paraphrasing and quoting where I can: “Love your…
RRSP Fast Facts and Our Game Plan

Ok, I’m sure you already know the basics about the Registered Retirement Savings Plan (RRSP) – so let’s play a game of True or False. RRSPs are an investment product themselves so go out and buy some RRSPs now! You…
Cha-ching?  When to cash out your RRSP

Cha-ching? When to cash out your RRSP Largely because I’m working full time and these are my contribution years, I haven’t put too much thought into making any withdrawals from our Registered Retirement Savings Plans (RRSPs).  Enter my parents… When…