From MoneySense, Canada’s Personal Finance Website
People come up with all kinds of reasons for not using RRSPs to plan for retirement. Gail (Vaz-Oxlade) debunks the three most common misconceptions.
Routinely I get letters from people who tell me why RRSPs won’t work for them. I’m not sure if they’re trying to convince me or themselves. Most of their arguments are based on misconceptions like these:
Read full article here.