Quote:
Originally Posted by pseudoreality
There's a huge amount of people that don't take advantage of employer matching RRSP contributions because they say they can't afford it. Really? You can't afford free money? Although I feel I could do better on my own, removing CPP would result in a lot of people with no money in retirement.
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I'm always astounded that people don't take advantage of the matching plans. It's the kind of thing that you notice the first month or two when it comes off your cheque and then you basically forget about, or don't notice. The other thing is that some companies do it as a percentage of your income (most) so it keeps pace with your raises. It's really a great way to save.