Should Glen, 45, with little savings and $100,000 remaining on his mortgage, borrow to invest in an RRSP?

Q. Is borrowing to invest in a registered retirement savings plan (RRSP) a good idea for me? I’m 45 years old and earn $110,000 annually. My wife works part time, earning about $32,000 annually. We have no pension and very little in savings. I also have $100,000 remaining on our mortgage which is at 4.3 per cent for two more years. The house is worth about $750,000 in Northern Ontario. —Thanks, Glen

FP Answers: Thanks for the question, Glen. Borrowing to invest...