PlanWright Financial

5 Strategies to
Maximize Your RRSP

No matter what’s happening in the markets, an RRSP is still one of the best ways to save for retirement.

So make the most of yours this year. 

  1. Make your contributions early in life and early in the year so money has more time to grow.
      
  2. Diversify. Diversify. Diversify. A portfolio that's spread across a variety of investments will help you weather the market storms better.
      
  3. Put it on automatic. Ask us to regularly transfer money from your chequing account to your RRSP automatically. You'll benefit from dollar cost averaging, and probably save more too.
      
  4. Max it out. Contributing the most you can means a larger tax deduction now, and a bigger retirement
    nest-egg later.
      
  5. Get the advice of an expert. Talk to one of our Credential Asset Management Inc. Mutual Funds Investment Specialists for advice on making the most of your RRSP.

Wainwright Credit Union logoPlanWright is a wholly owned subsidiary of Wainwright Credit Union.

† Mutual Fund Disclaimer

Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. ®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.