Posted on 24/12/05
Maximizing RRSPs is the key to this couple's cozy retirement
It should be easy for a Toronto financial services middle manager we'll call Tom to move with his wife -- we'll call her Sally -- from their current struggle to pay the mortgage to a cushy retirement. Tom, 36, and Sally, 32, are raising their children, ages three and eight months, on a combined gross income of $109,000 a year. They save diligently and have no lavish expenses.
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