Everyone knows they need to save for retirement. But home owners also have to pay for an increasingly expensive roof over their heads and frankly, that might take priority for those in their 20s and 30s....
What's more important for young home owners: The mortgage or RRSP?
Frederick Vettese: Everyone knows they need to save for retirement. But home owners also have to pay for an increasingly expensive roof over their heads and frankly, that might take priority for those in their 20s and 30s. If they can’t afford to do both, how should young adults choose between ramping up their monthly mortgage payments and making valuable contributions to a registered retirement savings plan?
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