Busting RRSP Myths | Get Access to YOUR Money When You Need It

Busting RRSP Myths | Get Access to YOUR Money When You Need It

On today's episode, Darren and Christina are debunking all the RRSP myths that you've been told over the years including how a lot of people think they're getting a tax deduction when they put money into an RRSP, but in reality they are tax deferrals, not deductions.

At retirement, there's two things you can do with your money, spend it or give it away. Do your spending plan and estate plan NOW. Don't wait until retirement. You simply can't leave your money in an RRSP if you want to be able to take advantage of the deal of a lifetime

Show Notes:

00:00 - Introduction

1:05 - Busting the TAX myth

3:40 - Busting the myth that the whole strategy is you'll be in a lower tax bracket when you take it out

6:10 - Taking money out of the RRSP and what that looks like when you want to start spending

12:20 - You've named your kids as beneficiaries so the payout will go straight to them, not true! You will still pay the taxes out on those payments

16:20 - Not having control of your money outside of RRSP, you don't have access to it until you retire

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Jaksot(250)

Business Owners: This RRSP Mistake Could Costs You Millions

Business Owners: This RRSP Mistake Could Costs You Millions

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   Should incorporated Canadian business owners contribute to an RRSP — or is it quietly working against them?   On today's episod...

9 Helmi 33min

20 Years in Business: The Truth About Entrepreneurship No One Tells You | Darren Mitchell Spotlight

20 Years in Business: The Truth About Entrepreneurship No One Tells You | Darren Mitchell Spotlight

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us We're flipping the script for this month's entrepreneurial spotlight series and Darren is taking his turn in the hot seat! Entrep...

5 Helmi 27min

Markets Up, Economy Down? The Truth Canadians Keep Missing | February Update

Markets Up, Economy Down? The Truth Canadians Keep Missing | February Update

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Canada's economy feels uncertain heading into 2026 — but are the headlines telling the full story? On today's episode it's the ...

2 Helmi 28min

How to Choose the RIGHT Advisor for Infinite Banking (8 Questions You Must Ask)

How to Choose the RIGHT Advisor for Infinite Banking (8 Questions You Must Ask)

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Choosing the right advisor is the most overlooked — and most important — part of implementing an Infinite Banking or high cash ...

26 Tammi 21min

The Biggest Retirement Lies in Canada (And How to Avoid Them)

The Biggest Retirement Lies in Canada (And How to Avoid Them)

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Most Canadians think retirement is about hitting a number but on today's episode, Darren and Christina break down why that mind...

19 Tammi 36min

The Question EVERY Wealthy Family Eventually Faces | The Rockefeller Method | Part 10

The Question EVERY Wealthy Family Eventually Faces | The Rockefeller Method | Part 10

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Well we've officially made it to the end of our Rockefeller Method Series! This episode closes it all out by bringing everythin...

12 Tammi 22min

The Hidden Pattern Behind Every Entrepreneur Who Scales Impact ft. Giovanni Marsico

The Hidden Pattern Behind Every Entrepreneur Who Scales Impact ft. Giovanni Marsico

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us On today's episode, we're back with our entrepreneurial spotlight series and joining Darren is Giovanni Marsico, founder of Arc...

8 Tammi 39min

2026 Market Predictions: A Realistic Outlook for Canadian Investors

2026 Market Predictions: A Realistic Outlook for Canadian Investors

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us What actually happened with our 2025 predictions — and what does 2026 really look like for Canadians? In our annual predictions...

5 Tammi 24min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-rahamania
ostan-asuntoja-podcast
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
herrasmieshakkerit
sijoituspodi
rss-draivi
inderespodi
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-bisnesta-bebeja
rss-karon-grilli
rss-seuraava-potilas
rss-paasipodi
vapauta-supervoimasi-podcast