Retirement.
What will yours look like?
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If your company has a pension plan or group RRSP that matches contributions, make sure you do so. It’s free money.
A 25-year-old who begins with a $2,000 RRSP contribution, and adds $2,000 each year will have $330,095 by the time they are 65, assuming compound annual growth of six per cent.
You won't pay any tax on investment earnings as long as they stay in your RRSP. This tax-free compounding allows your savings to grow faster.
With retirement 25+ years away, short-term market predictions shouldn’t influence your long-term investment plan. Stay focused on the plan you put in place.

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