No front-end administration or withdrawal fees
Systematic saving isn't anything complicated: it's simply putting aside a certain amount of money at set frequencies. The first step is to define your project to determine how much money you need to make it happen.
Do you want to create an emergency fund to better prepare for the unexpected? Saving for your next vacation? For this type of short-term project, you could open a High-Interest Savings Account online and make payments at the desired frequency.
Are you saving for a long-term project like buying a home or retirement? Talk to us about it. Together, we can find the right investment solution for you and determine how much you need to save to reach your goal.
You can set up recurring purchases in your TFSA, RRSP, RESP or non-registered account.
Over time, the money you save will grow.
It may not seem like much, but you can end up with a considerable nest egg by making regular small investments.