How do you want to retire.This video highlights the difference between RRSPs and TFSA. When you contribute to a RRSP you receive a deduction against your taxes, the money grows tax deferred. But when you withdrawl your income is 100% tax as income.
When you contribute to a TFSA the money you put into a TFSA is after tax dollars. The money grows tax free and can be withdrawn tax free as well!
Listen to David discuss when a RRSP and when a TFSA makes sense to invest.