Should I Use a TFSA to Save for Retirement?

Tax Free Savings Accounts (TFSAs) can be a powerful retirement planning tool!

The financial advisors at the Walton Financial Group in Barrie, Ontario will review your retirement planning strategies and the place of TFSAs

Don’t underestimate the remarkable earning potential of TFSAs as a great tool to plan for retirement. It is important to realize that your TFSA investment choices go far beyond plain vanilla savings accounts. You can use the wealth-building investments you use in an RESP including Mutual Funds, Stocks, Exchange Traded Funds and Bonds.

Like most investments, the earlier you put the power of compounded interest to work, the better the long term results will be.

The secret is to look ahead and have a long term financial plan. Schedule a meeting with a financial advisor at the Walton Financial Group in Barrie, Ontario to review your financial plan and to determine where TFSA savings can help you the most to achieve your retirement goals.

Disclaimer: Mutual funds, approved exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc. The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed have not been approved by and are not those of Investia Financial Services Inc. This website is not deemed to be used as a solicitation in a jurisdiction where this Investia representative is not registered.

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This Should I Use a TFSA to Save for Retirement? was prepared by Bradley Walton who is a Investment Funds Advisor at Walton Financial Group. a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability.

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