left after youíve taken care of your retirement planning. Based on a
current income of $45,000, it is predicted you will
At 10.5%, $10,000
invested over 10 years will amount to $27,140, while in 30 years it
will total $199,925. By investing 20 years earlier, the capital will
increase to more than seven times as much!
To get time on your side, invest in advance of the RRSP deadline,
and begin investing in RRSPís early in life.
THE RULE OF 72
The Rule of 72 is an easy
method to determine how long it will take to double your invested
money. Itís simple: Divide your annual percentage rate of return
(yield) into 72. The answer will tell you how many years are
necessary to double your money.
72 / Yield = Years to
24% 3.0 Years
18% 4.0 Years
12% 6.0 Years
10% 7.2 Years
6% 12.0 Years
Invest With a Global
Canada was among the worldís top five performing
markets only once in the last 10 years. Different economies
experience higher stock market performance at differing times. In
cyclic fashion, markets rise, plateau, peak, and decline.
Opportunity may be in Germany one year, Japan the next. Up to 20%
of your RRSP may be positioned in foreign investments. Canada
represents only 3% of the entire worldís stock market
Diversify your investments in
other countries whose stock markets are on the verge of exceptional
need $1 Million to retire on comfortably in the next century.
Einstein said that compounded return on principal is one of the
seven wonders of the world.
Invest With Your Head, Not Your Heart
By investing in a Mutual
Fund or a Segregated Fund, you obtain a Financial Manager behind the
scene. The fund managerís job is to look into the future and steer
your investment toward good performance. This is done via the
timely purchasing and selling of securities held within the fund.
When invested in recommended Mutual Funds or Segregated Funds, your
chances of long term gain are much better. Unadvised, optimistic
purchasing and spontaneous pessimistic selling usually occur at
precisely the wrong time in the market cycle - costly mistakes to
Review Your Investment Strategies & Goals
RRSP investments need attention to achieve maximum
performance. Consider that in the first ten years of retirement
your lifestyle doesnít change a lot. Sure, your not working, but you
have all of this extra time, time for shopping, golfing, tennis,
dining out, and those dream-trips which may cost $3,000 to $10,000
each. Study all the issues revolving around retirement and the
impact they will have on your future net worth. It takes continual
effort, focus, and determination. A balance of your priorities and
goals. Retirement Planning is also not done in a vacuum.
Consider the cost of educating your children, the future care of
parents, and health care - in view of the expense of prescription
drugs and nursing homes. And donít forget the effect of inflation on
buying power, should you live to age 90.
Pro-active review of your
investment performance, strategically aligned with your goals,
ensures that youíre on the right track.
for Tax Relief?
The beauty of RRSPís is
that your contribution is entirely deducted from your income. This
has the effect of a tax write-off, reducing your taxable income and
in many cases, placing you in a lower tax bracket. In addition,
ongoing returns on investments - capital gains, interest, and
dividends all accrue tax deferred. Tax is payable only at the future
date of withdrawal upon retirement.
RRSPís are Canadiansí
most POWERFUL tax strategy
Your Race Against Time
1206 - 90 Burnhamthorpe
(905) 276-5505 1
Fax (905) 270-1177
Call or fax us your
request for a confidential investor profile analyses.
*Donít Forget About
Our Bonus Referral Program