We came across an article that stated, "RRSPs are a big marketing gimmick." Today on, ThinkSmart Senior Financial Advisors Rob McClelland and Mike Connon take a closer look at this statement to weigh the pros and cons of RRSPs as we know them.
(01:20): RRSP season now vs. 25 years ago
(01:48): RRSPs vs. Pensions
(03:58): Tax savings with your RRSP
(04:49): Is it really a gimmick?
(06:27): What's the ideal time to make your RRSP contribution?
(07:17): Dollar-cost averaging your contributions.
(08:13): TFSAs vs. RRSPs
(12:05): So, is a TFSA still a valuable account?
(13:02): How do you find the right mix between the two?
(15:17): First Home Savings Account
Episode 86: Financial Evil #4: Financial Indecency
Episode 84: Financial Evils Part 6: Solutions for Eliminating Debt
Episode 83: - Financial Evils Part 5 The 3rd Financial Evil: Debt
Episode 82: Financial Evils Part 4: 10 Strategies to Reduce Your Tax Bill
Episode 81: Financial Evils Part 3: Taxes
Episode 80: Financial Evils Part 2: 10 Strategies to Overcome Inflation
Episode 79: Financial Evils Part 1: Inflation
Episode 78: Interview with Dr. Riley Moynes "Squeezing the Juice Out of Retirement" Part 3
Episode 77: Interview with Dr. Riley Moynes author of the "The Four Phases of Retirement" Part 2
Episode 76: Interview with Dr. Riley Moynes author of the "Money Coach" Part 1
Episode 75: The Upcoming U.S. Election Part 1
Episode 74: How to Work with and Manage Multi Generations of Families
Episode 73: Apps Make The World Go Round
Episode 72: Bonds - The Fun Part of Your Portfolio
Episode 71: Demystifying the 4% Retirement Income Withdrawal Rule
Episode 70: Future Portfolio Returns
Episode 69: Tax the Super Rich
Episode 68: FOMO (Fear of Missing Out): Are You Missing Out On The Next Best Stock Pick?
Episode 67: Tough Clients: Responsible for Making Us Better Advisors
Episode 66: The End of Currency As We Know It
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