Whats the best way to take money out of an RRSP when youre close to retirement but still working?
News Source : Financial Post
News Summary
- While there are tax efficient ways to handle RRSPs and RRIFs, consider also behavioural issues of retirement spending.
- Dan Haylett, a United Kingdom-based financial planner and retirement coach says that although fees, taxes and withdrawal strategies are important, they are not the real issue facing retirees.
- The real issue for those with enough, or more than enough, money is the ability to spend, which is based on feelings and not on numbers.
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