Quote:
Originally Posted by Snakeeye
The major gains in RRSPs come from interest rather than principal. The longer your money is in the RRSP, the more interest it earns, the faster it grows.
If you can afford to put a little extra into your RRSP now, it will do a lot more work for you over the next 15 years that it can't do if you wait until your late 30s/early 40s.
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Plus, it's a tax break. Which is why there's a push right now for RRSPs.