Let's talk about RRSP!


February 21st

Hi Reader,

Here's a story about RRSP...

You plan to contribute $10,000 into an RRSP account each year for the next ten years.

You're now thirty-five, living the single life, earning a cool $105,000 per year. Time flies, and the markets are playing nice, giving you an average growth rate of 5%.

Boom! When the ten years' mark hit, you’d have a whopping $132,067 in your account!

Now, let’s fast forward -

You don't make contribution to RRSP anymore, but your money continues to grow at a 5% rate for the next twenty years.

By the time you reach 65-years-old, your RRSP balance would have skyrocketed to $350,413.

Sounds impressive, right?

Let's say fate takes an unfortunate turn, and you passed away. 😞

It's a sad moment, but you'd hope that your family would receive the full benefit of your hard-earned savings, right? That's $350,413 worth of benefits you're leaving to your loved ones.

Well, here's where things get a bit complicated.

Because, at that moment, your RRSP account gets added to your final tax return as income.

And guess what? You'll owe the government a whopping $209,613!

Wouldn’t you want your family to receive the full benefit of this account? That is what we all would want, but the government’s rules do not allow for this to happen, and they receive most of the benefit, hence this being one of the reasons the RRSP is a huge scam.

I know this happens all the time. In my 25+ years of career, I've witnessed countless individuals unknowingly lose money and miss out on opportunities that could have helped them thrive.

That's why I poured my knowledge and experience into writing "Wealth Without Wall Street, Taking Back Control of Your Money in A Rigged Financial System."

The pre-order for "Wealth Without Wall Street" will be released soon, and I can't wait to share it with you.

But here's the thing – the demand is already soaring!

So, if you want to be among the first to get your hands on a copy, I strongly urge you to put your name on the waitlist now.

Sign up is now open on this page!

To your extraordinary success,

John

Educator| Father| Financial Strategist| Realtor| Mortgage Broker| Retirement Planning Specialist

If You Fail to Plan, Then Plan to Fail.

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John Durbano

Educator • Father • Financial Strategist • Realtor • Mortgage Broker • Retirement Planning Specialist

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