Many people delay saving for retirement because it feels far away. But here’s the truth: the sooner you start, the easier it becomes. Thanks to the power of compound interest, even small contributions can grow into a significant nest egg over time.
Whether you're in your 20s, 30s, or 40s, the best time to start saving for retirement is today.
Compound interest works like magic over time. When you invest early, your money earns interest—not just on your contributions, but on the interest itself.
📈 Lesson: Time beats timing. Start early, even if it's a small amount.
There’s no one-size-fits-all answer, but here are some starting points:
Start with what you can—and increase as your income grows.
Your savings vehicle matters. In Canada, popular options include:
🛠️ A combination of RRSPs and TFSAs offers great tax efficiency and flexibility.
A solid retirement plan includes smart investing based on your time horizon and risk tolerance:
Consult a financial advisor to tailor a portfolio that works for you.
Think you’ve started too late? You haven’t. Every dollar you save today reduces your financial stress tomorrow.
Even if retirement is 10 or 15 years away, there are powerful catch-up strategies, like:
It's never too late to start planning—only too late to keep waiting.
Your future lifestyle depends on the choices you make today. Whether you’re just starting out or playing catch-up, smart retirement planning is the key to financial freedom.
🧠 Speak with one of our retirement planning specialists and take the first step toward a secure, stress-free retirement.
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