They can be used to split income with your spouse. This could mean two lower tax brackets upon retirement-instead of one higher income. Get the tax break early. Don't give the government an interest free loan. Maximize your foreign exposure.
Many foreign markets outperform Canadian markets over the long term.
International investing can build greater stability through diversification and offers new growth opportunities. Choose the right mix for your investments. There are excellent and cost-effective asset allocation programs available to help you make better investment decisions. The most important thing you can do to prepare for your retirement is to have a good financial plan prepared, complete with a retirement projection. Find out how much you need to save and start now by contributing to your RRSP before the February 29 deadline.