Saving for retirement is important and gains increasing importance as we race towards our “Freedom 55” days. Here are some tips to help you understand this complex area.

Using RRSPs for Tax Deductions
First you need to understand how much you can contribute and the mechanics of the system. Start with these ideas: Read More...

1. Spousal RRSP – Mechanics and Benefits
2. Tax Savings from an RRSP
3. Borrowing to Make an RRSP Contribution
4. Withdrawals from RRSP
5. Early Contribution to RRSP
6. Foreign Property Limitations
7. Implications of Over Contributions to RRSP
12. Who is eligible to contribute to RRSP’s?
13. RRSP limits
14. Earned income and your RRSP
19. Is there a good time to use the money in an RRSP?

Accessing RRSP's on Retirment
Once you have saved all this money then what? Read More...

8. RRSP’s When You are 69
9. Estate Planning Regarding RRSP’s

Accessing RRSPs for Home-buying & Education
The government now lets you borrow from your RRSP for a variety of other needs. Read More...

10. Home Buyers' Plan
11. RRSP Withdrawals for Education

Administration of RRSPs
Some rules and regulations to help you manage your RRSP effectively. Read More...

15. What is a self-directed RRSP and what are its advantages?
16. Can you transfer your RRSP from one financial institution to another?
17. What fees are charged on an RRSP?
18. Pension Adjustment Reversals

RRSP’s are a great way to save for retirement, but not the only way. In fact they may not be the most effective way to save for retirement. We, at Prospera, have a program to help you build your assets to maximize your retirement income. Check out the Millionaire Program Click Here (Link to millionaire program)