TFSA vs RRSP: Two key factors to consider. First, what’s your income when contributing? Second, what will it be when withdrawing? If your income is steady, a TFSA might be better since it uses after-tax dollars and doesn’t affect taxes on withdrawal. If your income will drop significantly from contribution to withdrawal (like in retirement), an RRSP makes more sense. That’s why RRSPs are popular for retirement planning. #FinancialPlanning #CanadianFinance #WealthPlanning