#50by50ish #40 – Plan my retirement – b. Take a course — 4 Comments

  1. This is a great write up. I did the course a few years ago and agree that it is top notch, and that the second financial planning session is a real eye opener.

  2. Thanks for this post, I’ve been considering taking for a while and just not sure how to get enrolled. One big question I have had for along time is on RRSPs and whether or not to contribute. I am in a fortunate position in being able to max out an TFSA and RRSP while in the public service, but have not in my RRSP as I worry I will be in a higher marginal rate in retirement than I am now (I am still young–29). Have never been able to figure this one out.

    • The shortest answer is the course won’t tell you. 🙂 It’ll do basic overviews of the formulas but if you’re asking the question, you may already know the tradeoff. As someone noted on reddit, they found the investment portion quite basic, and that’s rather deliberate … they’re preaching about the pension, not the full range of investment vehicles available.

      As for getting enrolled, the RPI webpage will tell you when the next one is and usually you just fill out the regular training form to have it approved by your manager. Assuming of course they’ll approve it and there’s room in the training budget for your group, etc. It’s not cheap, and some managers push the free webinars and 1 day ones over the full three day ones, purely on cost. There’s really no comparison though…

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