ETF to replace registered pension plan.  You have to figure out your risk tolerance.  We are late in the cycle so now is not a good time to strap on a lot of risk.  VGRO-T, VBAL-T, VCNS-T are very low cost ETFs he would recommend otherwise.  Wait for a 20% pull back in global equity markets.

This could work, but one should be aware how much risk they can take. The recommendations would be to wait for a 20% pull back in global equity markets or VGRO-T, VBAL-T, VCNS-T as low cost ETFs.