Why RRIFs are BAD!!!

The Prowler

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So Senile @Joe said not too long ago that he is withdrawing from his RRSP because he does not want to have to convert it into a RRIF (a requirement when a person reaches the age of 71 years old).

Now, as agreed...

I'll discuss it in a different thread or meltdown if you like Lex @The Prowler

But this is the forum owner's investment thread or investment strategies. so start a RIFF thread and I'll chime in. Not in this thread tho.

Is that a deal, Prowler ?

Senile @Joe is going to enlighten me as to why RRIFs are a BAD THING!!!


Go Senile @Joe !!!