Friday, October 8, 2021

Short Takes: RRSP Withdrawals in Your 60s, Comparing Global Stock ETFs, and more

Here are my posts for the past two weeks:

Class Action Settlement with BMO


The Deficit Myth - Modern Monetary Theory

Here are some short takes and some weekend reading:

Jason Heath looks at reasons why it can make sense to withdraw from your RRSP in your 60s.  In my case, my simulations showed that it made sense to start withdrawing from my RRSPs shortly after retiring in my 50s.  This is true even though I have non-registered assets I could be living on right now.  The reason is that I’m best off spreading out the taxable income from RRSP withdrawals over many years.

Justin Bender compares the two main global except Canada stock ETFs: VXC and XAW.

Big Cajun Man is closing his TD mutual fund accounts after TD’s latest attempt to steer its customers away from its excellent e-series funds and toward their crappy high cost funds.

The Blunt Bean Counter
explains the implications of getting an inheritance.

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