Investing regularly, such as through an automatic savings plan, can help you stay on track over the long-term. See how your savings can add up1,+ :
|$50 per month||$100 per month||$250 per month||$500 per month|
|Invested for 5 Years||$3,489||$6,977||$17,443||$34,885|
|Invested for 10 Years||$8,194||$16,388||$40,967||$81,940|
|Invested for 15 Years||$14,541||$29,082||$72,705||$145,409|
|Invested for 20 Years||$23,102||$46,204||$115,510||$231,020|
|Invested for 25 Years||$34,650||$69,299||$173,249||$346,497|
Putting aside more money may seem like an obvious strategy, but sometimes it’s easier said than done. What if you aren’t sure where you can pull the money from to boost your contributions? An RBC Financial Planner can look at your entire financial picture—debt, cash flow, investments and more—to help answer that question.
Research shows that Canadians working with advisors have more retirement savings than Canadians who are saving without the advice of an advisor.2 Studies also show that professional financial advice has the potential to help you double—or even triple—your net worth3—even after fees!
Minimizing U.S. Estate Tax
Talking Retirement With My Spouse
Reaching My Financial Goals Faster