Investment guidance for moms boosts retirement security
Women make up 46 percent of RRSP contributors per RTS data. A spousal RRSP can help protect retirement income while automatic saving plans ease regular contributions. An example shows a $50 monthly investment over 40 years could reach about $175,714, with CESG boosts for RESPs and annual financial planning advised.
MENTIONED IN THIS ARTICLE
Judy Thomson
BMO Mutual Funds
CESG
Thomson
One-stop investing plan with unified holdings approach
A guidance piece argues for keeping all investments at a single financial institution. It cites easier tracking, complete visibility for financial planners, and better diversification through one comprehensive statement, aiming to reduce portfolio risk and simplify monitoring.
MENTIONED IN THIS ARTICLE
Judy Thomson
BMO Mutual Funds
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