Half of Canadian couples between 55 and 64 have no employer pension Money contributed to a RRSP represent pre-tax income, but you can take out money that has been compounding in a RRSP tax free. Among all Canadians ages 55 to 64 without pensions, half have only enough savings to last for one year Money contributed to a TFSA represent after-tax income, but you can take out money that has been compounding in a TFSA tax free. Half of Canadian couples between 55 and 64 have no employer pension Money contributed to a RRSP represent pre-tax income, but you can take out money that has been compounding in a RRSP tax free. Among all Canadians ages 55 to 64 without pensions, half have only enough savings to last for one year Money contributed to a TFSA represent after-tax income, but you can take out money that has been compounding in a TFSA tax free