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17: TFSA vs. RRSP

Money Feels

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RRSP - You Don't Have Full Control Over the Drawdown

If you're just stockpiling as much money into your RRSP, and it grows to such a big asset, you're not going to have total control over the drawdown in retirement. And this is why you can end up with a tax burden that's out of your control. "People get very protective and have ideas of like how they want their estate to be dispersed"

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