RRSP’s versus your mortgage- the great debate
Tuesday, February 10th, 2009
One of the most frequent questions I am asked is whether one should pay down their mortgage or invest in their RRSP’s. Although I am a big believer that financial freedom is achieved first and foremost by being mortgage free, there are a few factors that play into the equation such as, the return on your investments, your marginal personal tax rate and your current mortgage rate. (more…)
Category boomer women, financial advice for women, financial planning for women, lifestyle planning, lyfestyle planning, money advice for women, reducing debt | Tags: Tags: debt reduction, Mortgage, Mortgage VS RRSP, retirement, RRSP, RRSP versus mortgage, RRSP VS mortgage, wealth planning,
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