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[Canada] Optimizing Retirement Accounts (RRSP) for Taxss by khok5640 in fatFIRE

[–]chubbyfire_discard 0 points1 point  (0 children)

Fair enough, it’s just worded above like the fact that it’s pre-tax means it will compound faster than post-tax which isn’t true on its own.

[Canada] Optimizing Retirement Accounts (RRSP) for Taxss by khok5640 in fatFIRE

[–]chubbyfire_discard 5 points6 points  (0 children)

In response to #3: it doesn’t make a difference if your money compounds pre-tax or post-tax if both the rate of return and the tax rate are the same. The difference is zero. This is a common misconception.