I did earn six figures and I don't have taxable assets outside bank accounts. In particular, I don't have taxable capital gains. Now, with any luck, as I get forced to RRIF in the next couple of years, I'll be able to build up some taxable assets but also my tax bracket will help me out somewhat. Now it's a mystery to me why anybody in their earning years would want to build up too much money in taxable assets rather than socking it into RRSPs and TFSAs. If you have a cottage to pass on, that's a good thing that most people don't have and fewer and fewer will have in the future so he happy.