Should you take out an RRSP loan this year?
Let’s be real; saving money can be hard. Attempting to invest enough for retirement can be so unexciting we will often find anything to spend our hard earned dough on other than retirement savings. As tax time approaches, many banks and credit unions start to push RRSP loan sales. While taking out an RRSP loan may seem like a good idea at the time, this article explains why it may not be the best strategy.
Article: Reasons to Avoid an RRSP Loan