Archive for February 2013

Case Study: Figuring Out Your Optimal RRSP/TFSA Contribution

In the last article, Ed Rempel discussed the steps to creating your optimal RRSP/TFSA contribution. Here is a case study to help put the steps into practice. Case Study: Optimal RRSP/TFSA Contributions for John and Mary Smith To understand the interplay between these six factors, lets look at an example. John Mary Income $100,000 $60,000 Marginal…

Read More

The Optimal RRSP Contribution

In RRSP season, you may wonder “How much should I contribute to my RRSP?” The proper way to figure this out is to identify your “optimal RRSP/TFSA contribution”. Understanding how to figure out the very best RRSP contribution to make is a vital concept. It is a key factor in every retirement plan. This article was…

Read More