HOME. What a great feeling.
If you are looking at building or buying a home for yourself or a relative with a disability, you will be happy to know your Registered Retirement Savings Plan (RRSP) may be able to help you do that through something called the Home Buyers' Plan.
If you qualify, you can make a withdrawal from your RRSP to help with a down payment. There is a limit placed on how much you can take out, but you can still withdraw a substantial amount. This limit could be subject to change over time.
As with any financial endeavor, it is best to work with a financial planner. We can work together to plan for the life you want with as little strain on your income as possible. Book your free consultation today.
Mutual funds, exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc. Insurance products are offered through Matchett Financial Services Inc.
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