1. Tchavdar Elenkov, BA Econ, CFP Insurance and Financial Advisor Catch 22 Mortgage vs. RRSP

2. What should you do?  Pay down your mortgage – be debt free sooner OR  Contribute to your RRSP – enjoy tax- deferred growth

3. Introducing the Flexible Mortgage

4. You really can do both  Introducing “flexible mortgage accounts”  Pay down your mortgage AND contribute to your RRSP F L E X I B L E M O R T G A G E

5. How it works  Rolls your chequing account into your mortgage  Have your money pay down your mortgage F L E X I B L E M O R T G A G E

6. ADD your debts to your mortgage  Next, take any other debts you may have and add them to your mortgage F L E X I B L E M O R T G A G E

7. ADD any idle savings to the account  Save “more” interest by reducing your mortgage F L E X I B L E M O R T G A G E  Accessibility to your money

8. What about contributing to your RRSP? F L E X I B L E M O R T G A G E  You can now free up cash – sometimes hundreds of dollars per month