hmiranda03
New member
Hello,
I see the question asked a lot as to which one should be maxed out first.
I see people say that the TFSA should be maxed first if your Retirement income with be more than your current salary. This is where my confusion comes in.
When this statement is said, what exactly is meant by this? Are they saying 'what will be your salary right at age 60-65 right before you retire? OR Are they saying 'how much money will you be pulling out of retirement yearly'?
End goal is to understand which one I should invest in first. Current salary is over 100k
I see the question asked a lot as to which one should be maxed out first.
I see people say that the TFSA should be maxed first if your Retirement income with be more than your current salary. This is where my confusion comes in.
When this statement is said, what exactly is meant by this? Are they saying 'what will be your salary right at age 60-65 right before you retire? OR Are they saying 'how much money will you be pulling out of retirement yearly'?
End goal is to understand which one I should invest in first. Current salary is over 100k