Retirement Planning Blog

planning 5 min read

RRSP vs TFSA: Which Should You Prioritize for Retirement?

# RRSP vs TFSA: Which Should You Prioritize for Retirement? If you are saving for retirement in Canada, the two most powerful tools available to you are the Registered Retirement Savings Plan and the Tax-Free Savings Account. Both offer tax advantages, but they work in very different ways. Choosing the

planning 5 min read

The RRIF Conversion: What Happens at Age 71

# The RRIF Conversion: What Happens at Age 71 Your Registered Retirement Savings Plan has been a key tool throughout your working years. But there comes a time when the government says the saving phase is over and the spending phase must begin. That time is age 71. By the