Quote:
Originally Posted by Sylvanfan
In my amateur opinion...that's the one thing people should move heaven and Earth to save if its an option. It's like getting a 75% bonus on your money plus whatever growth you can.
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Agreed. At my old job, they matched up to 5% of your salary. I was doing 10% on my own and with their 5%, I saved a total of 15% for the nine years I was there
At my current job, they contribute 5% right off the bat. And then match up to 4% of what I put it. So I'm putting 13% here.
At the end of the day, it won't be as nice of a pension as my wife's teacher pension, but it won't be chopped liver either
So with that, CPP and OAS, I should have a decent retirement