You have probably seen many articles Tax-Free Savings Account (TFSA) vs. Registered Retirement Savings Plan (RRSP). Here is the real answer specifically for you from a tax expert.

Deciding on the right one is an important part of your financial plan.

Your personal Financial Plan should include the income per year you will need after you retire to have the retirement lifestyle you want - and the amount you will need to contribute to TFSA or RRSP per year to achieve it.

In my latest podcast episode you'll learn whether to invest in a TFSA or a RRSP, and why looking at your marginal tax bracket today compared to when you withdraw after you retire, is paramount.

You'll also discover:

• The real answer for RRSP vs. TFSA specifically for you.
• Why you might be in a higher tax bracket after you retire than before.
• How the 3 clawbacks of government pensions affect your income tax bracket.
• How what you do with your refund affects RRSP vs TFSA.
• What about non-registered investments?
• How to plan for a tax-efficient, comfortable & worry-free retirement.