Monday, September 6, 2021

Planning for retirement often takes a back seat to more immediate financial goals, like saving for a new car or home. But the sooner you start investing for retirement, the sooner it will become a habit, and the more likely you'll be able to achieve the retirement you want.

Making the most of your RRSP
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The earlier you start investing in an RRSP, the more
time your money has to grow. Even if you cannot afford
to make the maximum RRSP contribution this year,
starting today is better than not starting at all. Here
are some tips to help you make the most of your
retirement savings in an RRSP.

Invest regularly and for the long term
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Trying to time the market is difficult, if not impossible.
Many advisors recommend staying invested through
the market's ups and downs, and not letting short-term
market volatility influence your investment decisions.

One way to do this is to set up pre-authorized
contributions (also known as PACs), so your financial
institution can automatically contribute a set amount
each month toward your RRSP. Choose an amount
that fits within your budget and make investing in
your RRSP a habit.

Contact us today to learn more about making the most our of your savings.
www.cornerstonecfg.ca

#cornerstonecaptialfg #cornerstonecapital #financi

Posted at 10:45 AM