Paying off the mortgage has unlocked serious cash flow for this Ontario couple, putting their retire

A couple we’ll call Maury, a building trades contractor, and Josey, a consultant, both 48, live in Ontario with a daughter we’ll call Laura, age 12. They bring home $10,540 per month and add $30 per month from the non-taxable Canada Child Benefit. That’s a total of $126,840 per year after tax. They are diligent in their financial affairs and have a total of $224,057 in RRSP and TFSA accounts, $100,000 in cash and $46,360 in the family Registered Education Savings Plan. ...