Most RRSP Refunds Disappear Before They Compound

Most Canadians get their RRSP refund in April and spend it before May. The compounding cycle that refund was supposed to start never happens. What this video covers: → Why your RRSP refund is already pre-invested money → How $3,000 becomes $12,000 tax-free over 25 years → The spending window that breaks the compounding cycle → One move to make before your bank account absorbs it Priya contributed $10,000 to her RRSP in a 30% bracket and received a $3,000 refund. She booked a vacation. That same $3,000 in a TFSA at 6% annually grows to over $12,000 completely tax-free over 25 years — a cycle she ended at checkout. Deposit your RRSP refund into your TFSA before your spending account absorbs it. ───────────────────────────────────────── This is educational content only. Speak with a licensed financial advisor for advice specific to your situation. ───────────────────────────────────────── 📌 New video every week on Canadian personal finance #RRSP #TFSA #RRSPRefund #TaxRefund #CompoundInterest #TFSAGrowth #CRA #PersonalFinanceCanada #CanadianFinance #MapleMoney

Added 26 May 2026