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 Savings & Assets | Tags: Tags: baby boomers, CRA, debt, Mortgage, RRSP, tax,
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