Retirement Savings Planning...
RRSP Contributions or Mortgage pay down?

Many people find themselves asking this prime question...
What's the best choice? Pay down your mortgage with your spare cash
each month or put tax free money into your RRSP?

Truth is the best answer is, both! If you had $4,000 and you put it into your
RRSP, most people would recieve $2,000 back in taxes. If you put THAT
towards your mortgage it's similar to getting $6,000 free.

If you put everything into the mortgage, you'd only have $4,000 down on
your house and curb some interest but no savings.


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