In a hypothetical scenario, my parents open a portfolio of $100,000 with 65% in stocks, 25% in bonds and 10% in cash with the expectation that they would generate a growth of around $30,000 to $60,000 by the time I graduate from University in the next 8 years. After uwithdrawing $30,000 from the portfolio to pay off my student loans, can I then go ahead and convert this portfolio to a RRSP so I can start saving up for my retirement? I do not understand how RRSP's work in a case where I already have a portfolio present. Additionally, how is the expected rate of return determine on a RRSP?