Don't Make These Five RRSP Excuses

Humans are great at making excuses for putting things off.

And when you're young, there are lots of things that can wait: marriage, having kids, buying a home. But no matter where along life's path you are, you should never, ever put off saving for retirement. It can have real and nasty consequences - like realizing at 60 that you'll need to work for another 15 years - to make ends meet when you're finally incapable of working fulltime.

Don't let excuses keep you from upping your contributions. It's critical you keep putting some money away each month, though it's easy to come up with reasons to put it on hold. Yes, the stock market's crazy, but 'twas ever thus. And yes, your kids need money for college, but your priority is retirement. But you have to fight each of these flawed assertions to start making headway toward your goal. Have a look at the top five excuses and dispel them right now: