Should you contribute to an RRSP or pay off the mortgage?

  Right now, Canadians are strongly encouraged to make an RRSP contribution before the March 3rd tax deadline. But for those with extra funds to contribute, does investing in an RRSP make the most sense? Every financial situation is different, and for some Canadians, making a lump sum payment on their mortgage can prove a more effective way to plan their retirement. This article from the Globe and Mail details important questions to ask yourself when deciding where that extra cash should go, such as; which gets a better return, is the tax advantage worthwhile, your risk tolerance, and more. Click here for the full article from the Globe and Mail.