In January each year, many Canadians are thinking about investing, often in their RRSPs. We created this infographic to help start a conversation about investing in tax free savings accounts. This infographic also has a companion calculator.
The contribution limits on TFSAs are not that high, compared to individual RRSPs. Many individuals may use $5,500 to spend on the annual vacation or the large screen television instead of investing it in a TFSA. We wanted to illustrate just how meaningful a one-year maximum TFSA contribution could be at retirement, taking into consideration compounding tax free growth and seeking the help of their financial advisor.
It was striking what our research revealed.
- Available to personalize for individual Advisors
- Web-ready format
- Available for full corporate branding
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