Mabel and Murray have money in an RRSP in Murray's name that they want to preserve in a tax-deferred environment with income flexibility. Mabel is 60 and Murray is 71. Murray's concern is that they do not outlive their money. How best can that be accomplished?  

Answer rating: 100% (QA)

Mabel and Murray have a few options to consider to preserve their RRSP money in a taxdeferred environment while ensuring income flexibility and addres... View the full answer