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Monday, March 12, 2007

Oh-oh...

Seems we missed out on some sort of deadline. Something to do with income tax. THAT can't be good.

I think it was an optional one though, so we may be OK. It was regarding RRSP's. From what I can determine, this is some sort of tax deferral program - you delay paying taxes by shoving money into some sort of protected account.

This would assume that we save money. We much prefer to spend it, often as fast as it comes in. Saving it would just seem to be...well...assuming for one thing that we will never win a big lottery jackpot before retiring. Why would we crush our ambitions in that way??

Plus, as far as retiring goes, we will either have left-over money, or we won't. That's what family and friends are for, once we are penniless and in immediate need of housing, plus three regular meals a day. We wouldn't dream of actually socking money aside for that eventuality...

Besides, with all the time we spend in casinos, scratching Lotto tickets, and urging on fleabag nags at the horse races, our ship HAS to come in, at some point - right?? It is a game of odds...

So, while we may have missed out on the deadline for RRSP contributions, we are far from worried. We have a fallback plan (hey there beloved siblings!!), and we are actively pursuing our future retirement wealth (Move your butt, Tiny Dancer!!).

What more could we be doing??

Chow for now!!

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