Your marginal tax rate: 29.65% (federal + provincial)

Rate spread: 10.6 points in your favour (contribute at 29.65%, withdraw at ~19.05%)

Estimated withdrawal rate in retirement: 19.05%

Based on 60% of current income in retirement

Primary recommendation

RRSP

Contributing at 30% and withdrawing at an estimated 19% gives a 10.6 point spread in your favour — that's the RRSP government partnership working for you.

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