I have no RRSP. What happens to me?

Not having an RRSP does not mean you will have no retirement income, but it does make it important to understand what other income may be available.

The Canada Pension Plan may pay you a retirement pension based mainly on how much and how long you contributed, as well as the age when you start it. Old Age Security is different: it is generally based on how long you lived in Canada after age 18 rather than your employment history. If you receive OAS and have a low income, the Guaranteed Income Supplement may provide additional income if you meet its other conditions.

These programs can provide a useful base, but they may not cover all your housing and living costs. Your next step is to check your CPP contribution record, confirm your likely OAS residence years, and estimate how those benefits compare with your expected retirement spending.