Retire Me - Episode 7 - What does the RRSP Do and Should I Use it Close to Retirement?

Hello, and welcome to Episode 7 of Retire Me!

With the RRSP deadline around the corner (March 2) I thought it would be a good week to tackle RRSP's. In today's episode we discuss:

Today we discuss RRSP's, specifically:

1) What is an RRSP and what does it do?

2) An example of good tax planning using an RRSP

3) When an RRSP doesn't make sense to use

4) How to use RRSP's as you approach retirement.

Income Tax Marginal Tax Brackets for 2019:

Resources Used in this podcast:

The information in this material is not intended as investment, tax, or legal advice. Please consult your advisor or tax professionals.