RRSP GUIDE 2013
Your roadmap to financial independence

Using a self-directed RRSP you can pay mortgage payments to yourself and not the bank. But there are drawbacks.

The most important thing is to get the money in now and worry about how to invest it later, MoneySense Editor Jonathan Chevreau tells CityNews Channel.

In rare circumstances it can make sense to withdraw from your RRSP and reinvest later, when you're in a higher tax bracket.