Put your money in an RRSP, they said.
It will compound overtime, they said.
You'll be in a lower tax bracket in retirement, they said.
Here's what they didn't say: Inflation. Tax Bracket Creep. Tax Postponement.
Are you paying attention yet?
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What is an RRSP?
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Surveillance tool for the government.... Or more commonly referred to as a registered retirement savings plan. It's the Canadian equivalent of a 401k I believe.
Thanks for your reply. 👍