The Canada Pension Plan is not a proper pension plan, which is why in the 1970-2000 period, good employers offered good pension plans. Now everything is matched

The Canada Pension Plan is not a proper pension plan, which is why in the 1970-2000 period, good employers offered good pension plans. Now everything is matched RRSP contributions if you're lucky. It's possible that housing costs will never come back down; now that the housing bubble has pushed way beyond the metros, "just sell your downtown house and move to the suburbs" is not a retirement strategy anymore, if it ever was. (Bloody London, ON is getting a fat influx of Torontonians seeking cheap housing! That's nuts!) So people should either be buying a house that they can afford not to lose in a downtown, and/or put some good money in their RRSP. The earlier, the smarter.