RRSP Meltdown Part 2: Adjusting a Retirement Plan

Earlier this week we showed how we might balance an RRSP meltdown to avoid unneeded taxes and minimize the required cash-in. But as with most anything in Financial Planning, the uniqueness of everyone’s situation must be the driving factor in decisions. There is no one-size-fits-all plan. As such, we wanted to break down a real plan and demonstrate the adjustments made to make the savings much more profitable while decreasing risk over the next 5 years heading into retirement. Kent breaks down how here.