Solving Your Financial Puzzle

780-539-5943

The RSP Deadline is Fast Approaching. Call us today before it's too late!

The RSP Deadline is Fast Approaching. Call us today before it's too late!

An RSP is the most effective retirement saving and investment tool available to most Canadians. It lets the money you invest grow unaffected by taxes until withdrawn.

This means your money has potential to grow faster and you’ll accumulate more than if you invest outside an RSP. What’s more, you’ll get a tax deduction for every dollar you put into an RSP, reducing your annual tax bill.

How much money will you need to enjoy your retirement years?

How much should you invest and what products should you consider?

Saving for your retirement can seem daunting but we are here to help you and figure out a strategy that works for you.

What about the market volatility?

Wise investors consider market volatility their friend. Dollar cost averaging takes advantage of the market volatility and have been shown to reduce unit costs and produce higher long-term returns than lump sum investing.

 An effective way of saving is by setting up regular monthly contributions by automatic bank withdrawals.  With these monthly contributions units in funds are bought. Your money buys more units when the markets are low. When the markets rise again you will get a much better return on your money.

Start today so you can enjoy your tomorrows.

For more information on RSP, call us today.

You can also visit www.cra-arc.gc.ca

Written by: Rob Neil, CLU