Wednesday, January 19, 2011

Save for retirement or an RESP? - Globe & Mail's Cash Clash

Steve and Jane, 51, Halifax

With three kids in high school, the eldest graduating this spring, this couple are bracing for the onslaught of university tuition bills. He argues they’ve already got a well-fattened registered education savings plan, and they should start focusing on their retirement. She worries about the rising cost of education, and wants to make sure they’ve saved enough to cover all three offspring. Who’s head of the class?

To read the entire article and my advice, click here:
http://www.theglobeandmail.com/globe-investor/personal-finance/retirement-rrsps/save-for-retirement-or-an-resp/article1874056/

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