RE: Angela Tillier
Angela: Is it better financially to dip into RRSP’s before age 65 or after?
The idea of starting to draw money out of RRSP for many people reaching age 60 almost sounds like blasphemy. It is conceivable for many at this point to have held the account for over 40 years!
It is important to remember that the purpose of this investment account is for retirement. At age 72 the government forces your hand to start withdrawing from your RRSP … Read the whole post...
Celebrating Our Client Heroes – Angela Tillier
It’s a bit risky asking your former high school teacher to be your client hero. This could have been Angela’s chance to tell a few tall tales about one of us! Phew, seems like we are safe …but we never knew she was a thief?! Read on and you will be as shocked as we are! Just when you think you know a person…
Where are you from originally?
I grew up Southwest of Cypress Hills on a farm near … Read the whole post...
RE: Rob Fry
ROB: At what point should one consider dipping into their RRSP’s in lieu of incurring a growing credit card or line of credit debt?
Thanks for the question Robbie.
The function of a Registered Retirement Savings Plan (RRSP) is to defer income tax from higher earning years to lower earning years. The general idea is that you are in a higher tax bracket during your working years in comparison to retirement years.
With that being said, over the last 25 … Read the whole post...
Celebrating Our Client Heroes – Rob Fry
If passion is driven by excellence, then it is also true that excellence is driven by passion. At least we know that to be the case with this month’s client hero Rob Fry.
It doesn’t seem to matter what he does (from sports to music to having a unique career) he is all in – all the time. He is a natural born leader who speaks the language of relationship, and is always intensely focused on being the best. These … Read the whole post...