September 13 - 14, 2024|Toronto
Questions? Call: 1-800-970-4355

Workshop Details

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Sep. 14, 2:00 PM - 2:45 PM EDT

First Home Funding: How Kids Can Save and Parents Can Help

Colin will compare the merits of using TFSAs and the RRSP Homebuyers Plan, including how to save for a down payment and use these registered plans most effectively. As it is often impossible for younger generations to purchase a home without a helping hand from those who have gone before them, he will also explore different strategies that parents, grandparents, bachelor uncles, and doting aunts can use to assist those they love with buying a place to call their own. In addition to comparing the merits of gifting versus loaning some of the downpayment dough, he will cover other creative options that older relatives can use to help renters become homeowners. 

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Colin Ritchie
Lawyer and Financial Planner
Colin S. Ritchie