Dave Chilton

And RSPs aren't perfect, but they're still for most people, very walking people patiently through the map and they still get hammered.

People still go in the comment section and say, you don't know what they're talking about.

I have to go on there sometimes say, actually, they do know what they're talking about.

They've got this right.

I don't mean to be rude, but you don't know what you're talking about.

But for the most part, people just have locked in now on because I'm going to pay tax eventually.

I don't like these things.

And the TFSA, funnily enough, a great product.

We all love the TFSA has made the RSP look bad, even though it shouldn't.

And so that's created some of this issue too.

But I'm glad that young people like you are out there now trying to hit these themes and say that the RSP can still add a lot of value to people's lives.

OK, so we're going to move office because we've probably hit it too hard in other podcasts.

But I want to wrap up by repeating what you just said.

It's very manageable.

And so by getting proper advice, once you turn say 55 and you start laying out the foundation for what you're going to do down the road, you can often end up with quite a low tax rate on those RFP withdrawals.

Obviously, if you were to die and they all came out that year and you didn't have a spouse, especially that's problematic, but with proper planning, some good things can be done.

When you speak to the retirement income experts, the top people in the country,

They all say for the vast majority, not all, but for the vast majority of their clients, the money is coming out of the RSP at a lower tax bracket on average than it went in, making the RSP a pretty darn good thing.

But again, a lot of people just don't want to hear it.

So I love the way you said with management.