canada Archives - Page 2 of 2

How to Use the RRSP: Part 1

By Liquid Independence | 03/20/2012

Last month a reader asked for my take on RRSPs (401K plan equivalent.) This topic is long so I’ve broken it up. The truth is, I like the RRSP, but probably not for the same reasons as other people. The basics of how RRSPs work is they defer our taxable income to another year when we’ll hopefully be in… Read More »

38% More Millionaire Households by 2020

By Liquid Independence | 05/06/2011

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Another study making the rich feel average and the middle class feel poor. Found an article on the Financial Post about a study done by Deloitte, one of the Big 4 auditing firms, that says there are currently about 1.75 millionaire households in Canada. Millionaire in this case is defined by the total net worth, including home equity, of… Read More »