The Real Story with RRSPs in Canada

The Real Story with RRSPs in Canada

Do you ever wonder how much is enough to retire or feel behind on what you have saved so far?  Don’t feel alone! Some analysts claim 60% of Canadians are saving for retirement.  Of course these are surveys completed by companies that may only have a sample group of 2000 people. This 60 percent of Canadians number seems very high to me so I did a bit more digging…this time on the Stats Canada website.

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Are You Prepared to Make One of th Largest Purchases of Your Lifetime?

Are You Prepared to Make One of th Largest Purchases of Your Lifetime?

There is something that drives most of us to be home owners rather than renters. It could be that we don’t want to waste money on something that we actually won’t own at the end of the day and/or it is a sign that we are responsible and successful adults.  Whatever the reason may be, I would like to share two areas of concern to ensure you are not just following an emotion to own but are thinking about the financial variables of ownership.

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