Don’t Make This Group RRSP Mistake

If you’re a member of a group RRSP, you must watch this video.

It could make you hundreds of thousands of dollars. Social-media people are always saying dramatic, extreme, let’s be honest, exaggerated things like that. But I’m actually serious and sincere here.

Okay. Lately I’ve been getting back into looking at a lot of people’s financial plans, with their permission, of course.

Fascinating stuff. There’s truly no better way to learn than being on the front line. Getting away from the aggregate statistics and the industry narratives, and actually seeing real-life examples of what people are dealing with. And there’s one common mistake that’s driving me crazy, so much so, I needed to make this video about it.

If you have a group RRSP at work, and your employer is offering to match your contributions dollar for dollar up to a certain level, DO IT! Geez, I’ve seen several people turn that opportunity down while saving money simultaneously each month for retirement in a non-registered investment account. What?

Dollar-for-dollar match? What kind of return is that? Hmm, let me get a calculator. It’s a 100% return instantly. Don’t be a weirdo. But even if you are, hit the subscribe and like buttons. Hundreds of videos covering every financial subject you can think of are coming. You may get sick of me, but you’ll be richer.