Review income, marginal tax rate, child age, home-buying timeline, and cash flow
Registered Account Planning
The right account order helps investments serve real life goals.
RESP, TFSA, RRSP, and FHSA each have different tax rules and planning roles. The real question is not which account is best; it is which account fits your family stage first.
Who It Helps
RESP / TFSA / RRSP / FHSA Investment Planning
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Young families planning education funding
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Newcomers or home buyers preparing for a first home
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Clients balancing retirement, education, home purchase, and emergency liquidity
Planning Focus
Turn planning into clear next steps.
Compare priority across RESP, TFSA, RRSP, FHSA, and non-registered accounts
Allocate funds according to risk tolerance and time horizon, then review regularly
Scenario
Scenario: Account order for a young family
A couple in their mid-30s has a 3-year-old child, mortgage obligations, education goals, and retirement goals. The plan keeps emergency liquidity, contributes to RESP for education grants, uses TFSA for flexibility, and increases RRSP contributions in higher-income years. Account order changes as income, child age, and home plans evolve.
FAQ
Questions Clients Often Ask
Which account should come first?
There is no universal order. Income, tax rate, child age, home plans, cash flow, and retirement timeline all matter.
Do you only handle insurance?
No. We can help clients allocate suitable fund portfolios inside RRSP, TFSA, FHSA, RESP, and other accounts.
How often should fund allocation be reviewed?
At least annually, and whenever income, family situation, home plans, markets, or retirement goals change.
Start Planning
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