The Retirement Hack You’re Missing: Canada’s Home Buyers’ Plan

Dreaming of a smaller home for retirement? The Home Buyers’ Plan (HBP) lets you withdraw $60,000 tax-free from your RRSP to buy one, even if you’re not a first-time buyer (no home ownership in 4 years needed). Repay over 15 years, interest-free, while your RRSP grows at 6.5% annually (Morningstar, 2025). Combine with a TFSA ($7,000 for 2025) for tax-free cash flow, saving $15,000 in retirement costs (CRA, 2025). Miss this, and you’re shortchanging your future. At Real Clear Path, we uncover these tricks to build your wealth.

Want to make your retirement move smarter? Contact Real Clear Path for a free consultation today!