Hey all,

I have a locked in investment from my previous employer.

Financially speaking should I unlock it or put it into a LIRA?

Tried to google, but the sources aren’t very helpful as to what I should do and in which circumstance one is bette than the other.

Thanks

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Depends. Does your previous employer protect your pension from inflation? What are the growth rates?

If they’re low or it’s a no, I would put it in a LIRA and invest it in index funds.

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This sounds like pension plan; I would say LIRA and just leave it there (or day trade if you want)

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Voting for LIRA as well. Also, not sure if you can even "unlock" it - unless you are moving out of country and losing tax residency, undue hardship, etc.

I asked about this before; the only way to unlock it is by retiring. LIRA cannot even be used for first time home buyer program. If you don’t like to gamble with day trading, then maybe consider something like VGRO or XGRO and just leave it there for evaaaaaaa

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