The lifetime maximum amount you can contribute for a child into an RESP is $50,000.  Assuming a rate of return of 5 per cent for 17 years, and that the child starts a post secondary school education at age 18, if you contributed the full $50,000 to the RESP upfront, that amount would have grown to over $121,000 by the year your grandchild starts his or her post secondary education. Read more…….

RESP Contribution Comparison – Annual – Vs. One Time Lump Sum