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Originally Posted by Paulie Walnuts
Unless you want a massive tax bill for your estate when you die with a large registered investment.
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Right but it’s not that simple. You pay tax on this withdrawals that you’re taking early, so the disparity between the early withdrawals and deferred tax hit might not be as large as expected. And the. The other major consideration is that you pay that tax years earlier, which means that money could be compounding tax-sheltered for a number of years.
Without knowing the values we’re talking about, and how long you’ll live these are more difficult things to project with certainty. I would also say it depends on the amount you consider to be a large RRSP and how fast you want to draw it down, but those tax consequences are going to be significant.