Tag: rrif
FD 089 Reversing a RRIF
Should You Choose a RRIF or Annuity?
You’ve put most of your savings in an RRSP. You’ll be 71 soon, and now you must choose the right financial option for you. Moving to a Registered Retirement Income Fund (a RRIF) has advantages, but you could outlive your retirement. Or should you choose an annuity that will pay…