Over at MDJ today: The State of Canadian Family Finances - 2008
I am always amazed by the low RRSP contribution rates - everybody seems to talk about it, at the lunch room, at coffee, but I suppose there are only a few people actually talking about contributions - many will just go quiet - I guess they're the ones that don't contribute.
I've been contributing since I started working at 13. I contributed a decent amount - as much as a teen could, then through Undergrad and Grad school, I continued, but earned so little income.
Then 'first' job - I caught up right away, and I've always maxed out my contributions every year, as has my wife.
18% for me
I am always amazed by the low RRSP contribution rates - everybody seems to talk about it, at the lunch room, at coffee, but I suppose there are only a few people actually talking about contributions - many will just go quiet - I guess they're the ones that don't contribute.
I've been contributing since I started working at 13. I contributed a decent amount - as much as a teen could, then through Undergrad and Grad school, I continued, but earned so little income.
Then 'first' job - I caught up right away, and I've always maxed out my contributions every year, as has my wife.
18% for me