Tuesday, December 7, 2010

Globe & Mail's Cash Clash - Pay down the mortgage or pad the RRSP?

Jason, 45, and Linda, 42, Mississauga

With a household of four kids aged 11 to 21 and his small auto-parts manufacturing company, this couple is used to being decisive. But when it comes to securing their future, they’re stuck – should they put their extra cash into paying off their mortgage sooner, or pad their RRSP nest egg (and get a juicy tax break)?

Read the full article and my advice here:
http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/pay-down-the-mortgage-or-pad-the-rrsp/article1827885/

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