REPORT ON RRSPs: FAMILY NEEDS AND RETIREMENT PLANNING
Squeezed in a generational sandwich
Special to The Globe and Mail, January 30, 2008
Each month, after covering her share of the household bills and mortgage payment, Lucy Ye takes the bulk of the money left in her bank account and uses it to cover two additional obligations: a registered education savings plan for her eight-year-old-son and a $1,000-a-month commitment to help pay her parents’ mortgage and other living expenses.
“I know ...Continue Reading →