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Stock impact report

Kickstart Your Retirement at Age 40 With $10,000 to Begin [Yahoo! Finance Canada]

Adeia Inc. (ADEA) 
If you are turning 40 and your retirement savings feel nonexistent, you are not alone, and you are certainly not out of time. The narrative that “it's too late” is dangerous because it leads to inaction. The reality? Your 40s are often your peak earning years. And you have a 20- to 25-year runway before reaching the traditional retirement age. That's a lifetime in the stock market. Whether you're someone who prioritized paying down debt or you are a newcomer to Canada starting fresh, 2026 is your year to pivot. Here is how to take a $10,000 seed and grow it into a respectable nest egg using a simple “Core and Satellite” investment strategy. A retirement plan reality check for a 40-year-old The median Registered Retirement Savings Plan (RRSP) balance for Canadians aged 35-44 was around the $33,000 mark by 2023, though averages (skewed by the wealthy) can look higher. If you have $10,000 ready to deploy, you are already within striking distance of your peers. The difference i Show less Read more
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