Qualified Retirement Plans and Infinite Banking | Does a Canadian RRSP Really Work!?

by | Sep 1, 2022 | Qualified Retirement Plan | 3 comments

Qualified Retirement Plans and Infinite Banking | Does a Canadian RRSP Really Work!?




Does an RRSP really work!? Great question! You might have put your RRSP into the market with the intention to grow your wealth. Unfortunately, this means YOU have absorbed the risk of loss.
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Dan Allen and JinJin Fung answer the question, does an RRSP really work? Here are the facts that Canadians deal with for qualified retirement plans, namely the RRSP. We reveal how an RRSP measures up against the Infinite Banking Concept (IBC). Don’t get discourged! Take action now and take control of your financial future!

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Introduction to Becoming Your Own Banker
© 2021 Ascendant Financial Inc. All rights reserved.
The supporting material, audio and video recordings and all information related to Introduction to Becoming Your Own Banker, The Infinite Banking Concept posted on ascendantfinancial.ca and all other Ascendant Financial Inc. websites are designed to educate and provide general information regarding The Infinite Banking Concept and all other subject matter covered. It is marketed and distributed with the understanding that the authors and the publishers are not engaged in rendering legal, financial, or other professional advice. It is also understood that laws and practices may vary from province to province and are subject to change. All illustrations provided in these materials are for educational purposes only and individual results will vary. Each illustration provided is unique to that individual and your personal results may vary. Because each factual situation is different, specific advice should be tailored to each individual’s particular circumstances. For this reason, the reader/viewer is advised to consult with qualified licensed professionals of their choosing, regarding that individual’s specific situation.

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3 Comments

  1. Louisa Feng

    Viewed the video twice. Really need to think about whether my RRSP is a good choice. Especially about tax deferral and withdrawals. Thank your great shares!

  2. Richard Fung

    Great info! Lots to think about

  3. Roger Dawson

    What are your thoughts on removing money from RRSP and putting it into a policy? Or would it better to just stop putting money there and reroute the money to a policy?

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