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Retirement savings

February 19, 2014

Are you putting your home ahead of your retirement? (Infographic)

It’s a common question: Should you pay down your mortgage or save for retirement? Check out what most Canadian homeowners are choosing to do.

It’s a common question: Should you pay down your mortgage or save for retirement? Check out what most Canadian homeowners are choosing to do.

Most Canadian homeowners are making paying off their mortgages a higher priority than saving for their retirement, according to the latest numbers from Sun Life Financial’s Canadian Unretirement IndexTM. That could be a smart move, if most were planning on using their home equity to help fund their retirement. But the same survey shows that’s not the case.

 

 

Retirement savings Get more bright ideas on saving for retirement.

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