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MoneySense contributor Bruce Sellery on why and how to get moving on your RRSP.
Take the long-term view and the benefits of RRSPs become more clear.
Unless you are a public servant, chances are you’ll need an RRSP.
Giving up on saving means resolving to stay in the workforce at least until government benefits kick in, maybe longer.
There are a number of ways to save for retirement, but Bruce Sellery says for most of us the RRSP remains one of our best options.
People come up with all kinds of reasons for not using RRSPs to plan for retirement. Gail debunks the three most common misconceptions.
If you’re just starting your career, you could start with TFSAs and when your income goes up, you could switch to RRSPs.
When it pays to save using an RRSP and when a TFSA makes more sense instead.
If you have a pension plan at work, should you also contribute to an RRSP?