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We Sold Our Souls for RRSPs!

Rock and...what?

By Kendall Defoe Published 2 years ago โ€ข Updated 2 years ago โ€ข 1 min read
We Sold Our Souls for RRSPs!
Photo by Pao Edu on Unsplash

Rock and roll! Yeah, man!!

We were all gonna rock hard!!!

The bill's due when...? Damn...

*(Note on the term RRSP: this is the Canadian Registered Retirement Savings Plan, something that we pay into for our future retirement; and we hope that we can still rock...)

...Well...

*

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Kendall Defoe

Teacher, reader, writer, dreamer... I am a college instructor who cannot stop letting his thoughts end up on the page. No AI. No Fake Work. It's all me...

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Comments (10)

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  • Chloe Gilholy2 years ago

    I liked this. Very rock n roll.

  • Lol, definitely relatable!

  • Bren2 years ago

    Seems to be a familiar story - its called superannuation over here and it gets whittled away by fund mangers and fees! You have said a lot in so few words - good one ay!

  • Lana V Lynx2 years ago

    In the US, we pay into Social Security, which is a nice idea in theory but will be most probably gone by the time I'll decide to retire like in my 80s.

  • RP2 years ago

    Lol ๐Ÿ˜‚ The U.S. has something similar.

  • Mark Gagnon2 years ago

    Sounds similar to the Social Security System in the U.S. In theory, it's great, but politicians can never ignore a pile of money.

  • Sid Aaron Hirji2 years ago

    I prefer to add to tsfa and have that as my rrsp. Like I do like how it reduces the taxes we pay but I feel being taxed so heavily when you take it out is awful. I invest in places like Costco and dollar tree and Empire.

  • Yes, we did.

  • Sold for sh**? I think?

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