The Financial Times of Canada RRSPs, 1987: The Authoritative Guide to the Best Retirement Strategies

Aluin Gilchrist is a Vancouver-based Canadian government civil
litigation lawyer.

Kelman is a widely respected expert on personal financial planning. Although his company provides consulting services to the investment industry, I see no hint of institutional bias. Kelman’s advice is easy to read, easy to take, and very good indeed.

For many people, this book will show how to have an extra million dollars or so, with no added risk and no reduction in spending. For example, an RRSP for someone with an about-average employment income and a not very good pension plan is likely to yield about $300,000.00 more than any other kind of saving for retirement.

In the process of providing an extensive and very careful popular discussion of the advantages and disadvantages of every known kind of RRSP, Kelman gives an incisive analysis of investment strategies.

Kelman includes the Financial Times Monthly Survey of lnvestment Funds to August 31, 1986, and shows in some detail how to read it to estimate the probable risk and return on equity funds. He includes comparable information for some 18 offerings of guaranteed rate plans, 22of variable rate and 20 of self-directed plans.