Prairie_Girl
New Member
So, I've spent most of my dayoff doing some research about how I'm going to distribute this years RRSP's contribs.
Who here is savings for their retirement?
At what age did you start? Or at what age do you plan to start?
How are you going about it? How much to you save, how aggressive are you.
Those of you who aren't in Canada, please feel free to reply too, I love to here about the different systems other countries have set up.
I'd also be interested to here from people who aren't saving.
anything else you think might be pertinent. I'm kind of new to this whole thing, and I just wanted to get an idea of what everyone else is doing.
My savings have been rather paltry this year, what with a job loss, a move across country, ANOTHER job loss (both of those wifey's). So I've been doing the bare minimum $25/cheque (so $50/month) into an RRSP savings account, which I will shortly be topping up to $500 and putting it into a rather risky mutual fund.
I also have 2% of my cheque taken off pre-tax and invested into my companies stocks, they match be $.50 to $1 up to 1%. However, my company paid out some serious cash (like 2 billion) in an Enron settlement earlier this summer, so our stock kind of sucks right now. So I'm going to increase my contribution to that because it will save me initial taxes off my cheque AND I'll be buying while it's low.
And if you're offended by me asking about your money/wanting to talk about money you can just hit your back button.
Who here is savings for their retirement?
At what age did you start? Or at what age do you plan to start?
How are you going about it? How much to you save, how aggressive are you.
Those of you who aren't in Canada, please feel free to reply too, I love to here about the different systems other countries have set up.
I'd also be interested to here from people who aren't saving.
anything else you think might be pertinent. I'm kind of new to this whole thing, and I just wanted to get an idea of what everyone else is doing.
My savings have been rather paltry this year, what with a job loss, a move across country, ANOTHER job loss (both of those wifey's). So I've been doing the bare minimum $25/cheque (so $50/month) into an RRSP savings account, which I will shortly be topping up to $500 and putting it into a rather risky mutual fund.
I also have 2% of my cheque taken off pre-tax and invested into my companies stocks, they match be $.50 to $1 up to 1%. However, my company paid out some serious cash (like 2 billion) in an Enron settlement earlier this summer, so our stock kind of sucks right now. So I'm going to increase my contribution to that because it will save me initial taxes off my cheque AND I'll be buying while it's low.
And if you're offended by me asking about your money/wanting to talk about money you can just hit your back button.