
Better prepare for retirement,
minimize income tax, optimize
portfolio performance; these
are legitimate and
accessible goals.
To know more
You own a business and are paid a salary of $ 200,000 per year. You also get a significant bonus. Given the RRSP maximum contribution room, the most you could get from years of contributions is approximately $85,000.
If your lifestyle at retirement requires 70 % of your current earnings, this leaves a gap of $55,000. A Post Retirement Allowance Program can compensate for the difference.