Everyone needs to start somewhere.
Although it's important to speak with your financial advisor to personally plan for your retirement, even a bi-weekly pre-authorized contribution of $50 will grow steadily over time. At a modest return rate of 5%, you can see that in just 10 years you'll already have $16,878.57.
After 35 years that number will jump to $123,652.70. As you can see the growth is quite exponential, which is why it's so important to start saving early.
The above chart is intended for illustration purposes only and not tax or planning advice. For tax and planning advice, visit an Affinity Advice Centre or call our Contact Centre at 1.866.863.6237.
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