I saw some old threads but maybe something changed in the last 5-10 years.
Out of my RRSP & TFSA, I have money that I want to do something with (other than buying a Bentley and a Ferrari lol). RRSP and TFSA are all taken of. And also, a corporation (although I work for a different company). I am mid-50s, taxed at the highest bracket, divorced and our children are on their own. I manage all my investments (80% funds / 20% stock) "myself". Projected retirement in 5-10 years.
Some sites say that it is not worth the effort but others like this ONE say the contrary.
What is your take? I'd like to hear particularly from people/accountants with corporate experience. A demonstration with figures would be even better.
Out of my RRSP & TFSA, I have money that I want to do something with (other than buying a Bentley and a Ferrari lol). RRSP and TFSA are all taken of. And also, a corporation (although I work for a different company). I am mid-50s, taxed at the highest bracket, divorced and our children are on their own. I manage all my investments (80% funds / 20% stock) "myself". Projected retirement in 5-10 years.
Some sites say that it is not worth the effort but others like this ONE say the contrary.
What is your take? I'd like to hear particularly from people/accountants with corporate experience. A demonstration with figures would be even better.