RRIF Canada

RRIF your registered funds instead of annuitizing them?

Well, yes you can but you’ve got to be very careful that you invest in something that is somewhat guaranteed if you want to sleep at night.

If you are relying more or less completely on your RRIF income, you don’t want to be invested in supbprime mortgages for example. Or in mutual funds with equities where some of the holdings are in at-risk mortgage companies or banks. At this time of your life you need security, not a risky RRIF.

You can find other RIFFarticles at our websites http://www.rrifcanada.com/ and http://www.hughestrustco.com