Ep. 8 - What Happens to your RRSP when you Retire?

You’ve spent years building up your RRSP... but what happens when it’s time to start withdrawing? In this episode, we break down how your RRSP transforms into a RRIF, when it happens, what the rules are, and how to avoid costly mistakes. If you’re 55+, nearing retirement, or just planning ahead — this is a must-watch.✅ RRSP vs RRIF — what’s the difference?✅ When do you have to convert your RRSP?✅ How much do you have to withdraw each year?✅ And what happens if you don’t plan properly?Don’t leave your retirement income to guesswork — let’s get into it! Hosted on Acast. See acast.com/privacy for more information.