Retirement is like a long vacation in Vegas. The goal is to enjoy these years to the fullest, but not so fully that you run out of money. Your RRSP is used to save for your retirement while a RRIF is used to withdraw income during your retirement.
Your retirement should be more than just a number. Your RRSP will be converted into a RRIF when you retire or at age 71 – let us help you determine what income is sustainable in your retirement and look at ways to ensure your money provides you with an Income for life!