Every year, thousands of Canadians rush to make a last minute RRSP contribution before its too late. You dont need to be one of them. The March 3, 2014 deadline to make an RRSP contribution and claim it as a deduction on your 2013 tax return is fast approaching. And although finding money to invest may seem difficult around this time of year, its important to focus on the many benefits including a reduction in your annual tax bill and of course, the growth of your retirement savings. I will help you with investment decisions for this RRSP contribution and, in preparation for the upcoming tax year, Ill also show you an easier and more effective way to invest using regular pre-authorized contributions. Together, we will determine a monthly amount, best suited to your budget and retirement goals, to be contributed to your RRSP going forward. This amount can be automatically deducted from your savings or chequing account – freeing you from the last minute, lump sum scramble. You benefit from dollar cost averaging, meaning that your investment plan benefits from paying a lower average cost over time. Saving enough money now to live how you want in retirement is possible with our straightforward and consistent approach to investing. Together, we will develop a plan to help carry you through all of the challenges and surprises life can offer. Theres no better time than now to get started. Lets talk.
Posted on: Mon, 03 Feb 2014 15:00:01 +0000
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