RRSP Season

February 7, 2011 | Posted by Jason Drummond

It is that time of year. RRSP season. I often wonder why the government places this season right after Christmas. You’ve spent a ton of money buying gifts for everyone and then right when you get the bill for everything, … Continue reading →

Posted in Retirement, RRSP | 5 Comments

Tax Returns and RRSPs

October 13, 2010 | Posted by Jason Drummond

I know it is not tax season or even the wonderful RRSP season where banks compete for your RRSP business. But I want to look at the two today. When trying to get out debt, my wife and put any … Continue reading →

Posted in RRSP, Taxes | 4 Comments

The $1 Million by 40 Plan

August 9, 2010 | Posted by Jason Drummond

I have the basics of this plan worked out, however I really have no idea if it will work or not. The plan, as you will see is more of a pipe dream then something that has concrete steps that … Continue reading →

Posted in Bugeting, Retirement, RRSP, The Plan | 3 Comments

Cashing out RRSPs

July 19, 2010 | Posted by Jason Drummond

I’ve often heard of people cashing out their RRSPs to buy a home. Using the first time home buyer’s plan, they quickly whip out $25,000 from their RRSP to get that down payment assembled. This is such a bad idea, … Continue reading →

Posted in housing, Investing, Retirement, RRSP | 1 Comment