Retirement Planning

Deciding to put your money into a TFSA or RRSP can be a tough choice. Depending on your current income and how much you can save, holding both plans can be the best choice. The impact and timing of the tax benefits are very different, which can really help your finances at different stages of your life.

For small business owners who meet the eligibility requirements, an individual pension plan offers higher contribution limits than an RRSP and provides more money for your retirement planning.

Financial life coaching services provide the guidance and knowledge you need to master cash flow and expenses, and get you started on generating passive income streams to fund your retirement. Enriched Academy programs are designed specifically to enhance Canadian financial literacy and are continuously updated with the latest in information and financial regulations — just for Canadians.

Enriched Academy helps organizations improve employee financial wellness by teaching employees to better manage their money and build a secure financial future. Our financial advisor services include a thorough investigation and consultation with employees to ensure they fully understand their financial situation and offer proven results.

'How to start saving money?' can be a daunting question. But it's a crucial step in personal finance management. Here are some tips to get you started:

• Set saving goals
• Create budgets
• Cut unnecessary expenses
• Track spending
• Seek the help of a money coach A money coach can customize your financial plan and guide you to your financial goals.

Need help with your retirement planning? Consult an investment advisor for professional guidance on maximizing your RRSP contributions. Take control of your financial future with effective financial planning. Don't delay and miss out on the benefits of expert advice. Start planning today for a secure retirement!