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Opinion Pay the mortgage early or save in an RRSP? This is the more tax-efficient option for young homeowners Frederick Vettese Published February 23, 2021 Bookmark Everyone knows they need to save for retirement. But homeowners also have to pay for an increasingly expensive roof over their heads and frankly, that might take priority for those in their 20s and 30s. If they can’t afford to do both, how should young adults choose between ramping up their monthly mortgage payments and making valuable contributions to a registered retirement savings plan? We’ve all heard about the impo...