Planning Your Retirement

At What Age Can You Start Contributing to an RRSP?

You may start contributing to an RRSP as soon as you have a qualifying income and have reached 18 years of age. The sooner you start to save, the sooner your savings will start working for you. For example, if you start contributing at 25 years of age rather than 35 years of age, your investments will be working for you longer, and they will generate more income, even if your contributions are lower.

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