The DIRTY Little Secrets of the RRSP | Busting RRSP Myths

The DIRTY Little Secrets of the RRSP | Busting RRSP Myths

On today's episode, Darren and Christina are breaking down the RRSP and go over some features that a lot of people may have overlooked! They answer questions like "is an RRSP tax deductible" and "do RRSPs grow tax free" among others and compare the RRSP to other savings vehicles that are necessarily attached to the government. Tune in now!

Show notes:

00:00 - Introduction

4:15 - Is an RRSP tax deductible?

5:20 - Do RRSPs grow tax free?

6:15 - Would you rather have 1 million in an RRSP or $700,000 in a non-government investment vehicle?

7:25 - Planning to retire in a lower tax bracket??

9:45 - Working out the math behind the RRSP

17:25 - Spending the money in your RRSP

25:30 - Characteristics of an ideal investment: does the RRSP check all the boxes?

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


JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(277)

The Infinite Banking Strategy Explained | A Wealth Coach Roundtable

The Infinite Banking Strategy Explained | A Wealth Coach Roundtable

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration   Register for the free Corporate Tax Masterclass: https://hub.controlan...

7 Syys 16min

50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price

50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandc...

31 Elo 40min

Tax the Rich? Canada's Top Earners Already Pay More Than You Think

Tax the Rich? Canada's Top Earners Already Pay More Than You Think

Do high-income Canadians actually pay their fair share of taxes? It is one of the most emotionally charged arguments in Canadian politics. But before Canadians decide who should pay more, we need to u...

24 Elo 18min

McDonald's Was Never Really a Burger Business

McDonald's Was Never Really a Burger Business

Ray Kroc didn't invent McDonald's. He recognized that one successful restaurant could become something much bigger.   At 52 years old, Kroc took the McDonald brothers' efficient restaurant model and t...

17 Elo 19min

How Banks Use Your Money to Build Wealth... and How You Can Too

How Banks Use Your Money to Build Wealth... and How You Can Too

You spent years building your company, creating revenue and accumulating retained earnings. But once the money has been made, an entirely different challenge begins:   How do you keep it working witho...

10 Elo 21min

How Seaweed Helped Build a Skincare Business in Rural Newfoundland | The Story of 7 Fathoms Seaweed Skin Care

How Seaweed Helped Build a Skincare Business in Rural Newfoundland | The Story of 7 Fathoms Seaweed Skin Care

Courtney and Terrence Howell didn't move to rural Newfoundland because it was the easiest place to build a business. They moved there because it was where they wanted to build their life.   After meet...

6 Elo 48min

Trump's 50% Tariffs, a Falling Loonie & the Gordie Howe Bridge Deal

Trump's 50% Tariffs, a Falling Loonie & the Gordie Howe Bridge Deal

The Bank of Canada says the Canadian economy is beginning to improve, inflation has fallen to 2.8%, the TSX has reached another all-time high and Canadian consumers continue to spend.   So why does th...

3 Elo 42min

How Michele Romanow Went From Selling Caviar to Building a Billion-Dollar Company

How Michele Romanow Went From Selling Caviar to Building a Billion-Dollar Company

Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay   Michele Romanow didn't build her wealth by chasing a bigger salary. She built compa...

27 Heinä 23min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
vallattomat
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-rahamania
ostan-asuntoja-podcast
rss-oivalluksia-rahasta-elamasta
lakicast
hyva-paha-johtaminen
rss-sami-miettinen-neuvottelija
rss-paasipodi
rss-pinnan-alle
rss-karon-grilli
pomojen-suusta
oppimisen-psykologia
leadcast
rss-yritys-ja-erehdys
rss-lentopaivakirjat
rss-inderes