TORONTO — As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan.

They will also be benefitting from the 20 per cent match on contributions to the plan, up to a set limit, because like other registered savings options, the government offers incentives for people to save for major life goals like school, retirement and buying a first house.

Financial advisers say that ideally, Canadians want to max out the contribution room on all of their savings plans, but with unemployment, the cost of living and overall economic uncertainty on the rise, that's increasingly hard to do, requiring some tough choices on how to sprinkle savings across the various options.

It's clear few savers manage to add to th

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