What is a LRIF

Planning for a financially secure retirement is one of the most important challenges facing Canadians.  Many do not belong to pension plans and the future of government plans like Old Age Security and the Canada Pension Plan are clouded with uncertainty.  An increase in early retirements coupled with longer lifespans means retirements are lasting longer that they used to.  The importance of taking responsibility for funding your retirement and relying less on governments has never been greater.
Ed