Yesterday we addressed the basics of RRSPs, RRIFs and more. All the acronyms can get confusing and I've created a simple visual to help you navigate through the muddle. Check out my extra resources on my site at www.kelleykeehn.com and click the CBC logo on the page.
For most Albertans, we're feeling the pinch of the recession more and more and wondering where we can find the extra dollars to save. I promise you, that it becomes contagious and you don't need to start large. Just an extra $25 or $50 a month can add up to a large portfolio in the future. Be sure to check with your employer as well as there might be an RSP or stock option matching program - you definitely don't want to leave those dollars on the table!
You'll also find a terrific RRSP savings calculator on my site that will show you exactly how much of an impact starting small can make over time.
If you missed a show, you can catch it on the CBC site at http://www.cbc.ca/radioactive/kelley-keehn.html
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