Quote:
Originally posted by albertGQ+Sep 26 2004, 04:44 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (albertGQ @ Sep 26 2004, 04:44 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Mean Mr. Mustard@Sep 26 2004, 10:31 AM
Yikes. Although people shouldn't merely rely on the pension plan in order to get them through old age, and the problem is a lot of people really don't put much thought into the matter until they are in their late 40s and getting into their fifties (at least from individuals I have talked to). So then they really haven't invested much into an RESP or anything along those lines.
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You mean RRSP right? RESP stands for registered education savings plans. RESPs is not a pension plan. [/b][/quote]
Yeah I don't know what happened there. But as a rule people don't invest for their retirement and then some pretty sad things happen/