Sometimes when working with clients that are not ready to, and do not have a need for accessing their RRSP savings, it makes sense to transfer into a RRIF a small portion of the RRSP Account much earlier than the requirement by the end of the year your client is age 71. What would be the reason for this strategy ? Using funds early helps to ensure Market volatility will not impact the retirement nest egg In order to take advantage of the potential $2,000 pension credit available to those age 65 or over Regardless of RRSP balance, the opportunity cost of leaving funds in registered accounts should always be seriously considered It's always advisable to access retirement savings as soon as possible