Quote:
Originally Posted by firebug
It all depends on your tax rates.
If you expect to pay a higher tax rate in retirement than you do currently, a TFSA is better. If you expect to pay a lower tax rate in retirement than you do today then an RRSP is better.
If you expect to pay the same tax rate in retirement as you do today it is a complete wash. Do the math.
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Unless you expect tax rates to increase, then it it not a wash.