I've also heard some talk of a possibility that the government might adjust the investment limits a little bit for baby boomers. Because many RRSP accounts have been seriously impacted by falling valuations, and whatever investment limits anybody had are probably already used up, there is no way to recapitalize those accounts. So, there's been an idea floated around that they might make a retroactive allowance for deposits into TFSAs. That would also level the playing field a little bit with respect to the opportunities available to those in their youth. Instead of 5k/yr, you might get a chance to shelter 100k or something, if you are of a certain age.

Heard the same thing Hoov. Much concern over pensions for boomers. Too many of us. The accounts are to be an offset I think. They think there will be no money as we retire etc...

Don