RRSPS:THE ULTIMATE WEALTH BUILDER
For most Canadians, an RRSP is the only personal pension plan they will ever have. As employer-sponsored plans become increasingly rare outside the public sector, we must rely on our own savings and money management skills to ensure a comfortable lifestyle after retirement.
This comprehensive guide by bestselling financial author Gordon Pape provides the secrets to building a winning RRSP—everything from setting up the right kind of plan at the outset to proven strategies that will enable you to grow your RRSP over time to a value of several hundred thousand dollars. And all the while, you’ll be collecting sizeable tax refunds for every contribution you make.
This is a must-read book for everyone who cares about providing a comfortable future for themselves and their families. Inside you'll find information on
- how to choose a plan that’s right for your needs
- tips for selecting the best RRSP investments
- the most common RRSP mistakes and how to avoid them
- little-known RRSP strategies
- how to build successful portfolios
- deciding between an RRSP and a TFSA
- when to use the Home Buyers’ Plan
- transitioning to an RRIF
“Gordon Pape is one of Canada's most influential writers about investing and personal finance. This plain-speaking, step-by-step guide to RRSPs helps readers set up a plan, understand how they work, and build successful strategies to make this all-important source of retirement income grow and prosper over time.”
—Adam Mayers, investment and personal-finance editor, Toronto Star
“When you combine Gordon Pape's unsurpassed knowledge of RRSPs with his unique ability to share it in a language accessible to all, you get RRSPs: The Ultimate Wealth Builder, his all-you-need-to-know game plan toward achieving retirement security.”
—Peter Muggeridge, money editor, Zoomer Magazine
“Financial sage Gordon Pape pulls no punches: an RRSP is your personal pension plan and should be managed accordingly. Learn how to do just that in this easy-to-read book, which describes the journey to peace of mind and retirement.”
—Evelyn Jacks, Bestselling author of 50 tax-planning books and president of Knowledge Bureau
“All you need to know about RRSPs from Canada's ultimate wealth expert.”
—Rob Carrick, personal finance columnist, The Globe and Mail
“Gordon Pape has merged tax planning, hard truths, important information, and sage advice to create a comprehensive view of an RRSP: before, during, and after the set-up of the plan. Anyone who reads the book carefully will have learned everything he or she will likely need to know at any stage of the RRSP.”
—Al Emid, financial-services author, journalist, and broadcaster
Gordon Pape is Canada's best-known finacial author and the publisher of two investment newsletters: The Income Investor and The Internet Wealth Builder. He is the author/co-author of several national bestsellers, including Tax-Free Savings Accounts, Retirement's Harsh New Realities, Money Savvy Kids, and Sleep-Easy Investing. He has spoken at hundreds of seminars in Canada and the United States, is frequently quoted in the media, and is a popular guest on radio and television shows.