38% of Canadians dip into RRSPs early, BMO survey suggests

Retirement in Canada? That's reserved for the "chosen ones". You know, government workers, the OPP, TPS and RCMP. The rest of Canadians have to beg for scraps while watching the most unqualified stifle the free market.

Or, you know, those who save using RRSPs, TFSAs, or any other retirement planning tool.

You'd be wise to read The Wealthy Barber sometime.

Or, you know, those who save using RRSPs, TFSAs, or any other retirement planning tool.

You'd be wise to read The Wealthy Barber sometime.

The article is about those saving in an RRSP, and they required access to the money long before retirement. In other words, kiss retirement goodbye.

The article is about those saving in an RRSP, and they required access to the money long before retirement. In other words, kiss retirement goodbye.

And there are those of us who read that book, planned ahead and don't have to dip into our retirement fund because we have 3 months wages in a savings bond we can cash when in need.

5P's.

The article is about those saving in an RRSP, and they required access to the money long before retirement. In other words, kiss retirement goodbye.

And there are those of us who read that book, planned ahead and don't have to dip into our retirement fund because we have 3 months wages in a savings bond we can cash when in need.

5P's.


Oh you must work for the government then. The rest of us in Canada work for minimum wage, or, in my case, deal with corrupt fascist police who stab allies in the back and prevent high performers from contributing.

When the jobs head south and Canadian wages remain stagnant with no real growth, the 38% won't exist, because few will even have RRSPs.

Nope. I've had a lot of contract jobs, and I worked for myself for many years. Right now, I work for a publicly traded company. One that has shown steady growth over the last 20 years, regardless of the economy. One that has expanded out of Canada to the US and Europe, defying your narrow vision of what Canadians are or can be.

And I've never blamed my shortcomings on 'the system'. I just worked harder to get what I needed.

Or, you know, those who save using RRSPs, TFSAs, or any other retirement planning tool.

You'd be wise to read The Wealthy Barber sometime.


It's a bit out of date, property isnt moving like it used to.

ANd the 2nd book wasn't very good at all.

You aren't kidding! I've had my place up for sale for a year, and have hardly 1 inquiry in two months.

I think I'll rent for a year and wait for the market to really tank before buying something else. If I can get it to sell, that is.

Or, you know, those who save using RRSPs, TFSAs, or any other retirement planning tool.

You'd be wise to read The Wealthy Barber sometime.


It's a bit out of date, property isnt moving like it used to.

ANd the 2nd book wasn't very good at all.

I agree the economic environment has changed, but the underlying rule in it is "Pay yourself first", which, to me, is timeless.

Canada is a socialist welfare state, relying on open access to the largest consumer market in the world and debt on the backs of future generations just to maintain a baseline.

Real estate isn't moving? LOL. Not I know you two are full of shyte. I had offers for my home and it isn't even for sale.

The article is about those saving in an RRSP, and they required access to the money long before retirement. In other words, kiss retirement goodbye.

And there are those of us who read that book, planned ahead and don't have to dip into our retirement fund because we have 3 months wages in a savings bond we can cash when in need.

5P's.

Gotcha. Those poor slobs who don't make same money as you and have to dip into savings say for example, when the furnace dies, or when the clutch on car goes. How dare Canadians dip into there savings to stay afloat. If only we had your income Dr. C. then we too could look down on others.

I needed mine for some things last year. So I have to do it all over again. Thank God for OT.

Gotcha. Those poor slobs who don't make same money as you and have to dip into savings say for example, when the furnace dies, or when the clutch on car goes. How dare Canadians dip into there savings to stay afloat. If only we had your income Dr. C. then we too could look down on others.

Nope he planned ahead and did all he could to be safe incase something happened. Something EVERYONE should do. Even if it's setting back 10-20 dollars a check. Over time that builds up. Doing this saved me last year.