Episode Synopsis "What's an RRSP Loan and When Does it Make Financial Sense to get one? "
An RRSP loan is just as the name suggests. It's a loan you can contract for the purpose of investing in an RRSP. Essentially, an RRSP loan allows you to get a loan in order to save for retirement. But what would drive someone to get a loan in order to save for retirement? When does it really make financial sense to get a loan for the purpose of retirement saving?
Listen "What's an RRSP Loan and When Does it Make Financial Sense to get one? "
More episodes of the podcast .The Canadian Saver
- Shifting Your Money Mindset for Financial Success (Part 2)
- Shifting your Money Mindset for Financial Success (Part 1)
- How your beliefs shape your Financial Future
- The power of Critical illness insurance, What it is and who should get one
- The Heating Canadian Housing Market|The causes and How To Get into the Housing Market
- 5 First Time Home Buyer Mistakes To Avoid in Canada
- Inflation hits 8.1% in Canada| How to deal with inflation in 2022
- 7 Habits of Financially Savvy People
- What's an RRSP Loan and When Does it Make Financial Sense to get one?
- The Registered Retirement Savings Plan (RRSP): The benefits
- Should You Save or Pay off Debt?
- 4 Things You Need To Know About Money| How To Better Manage Your Finances