This Is the Average TFSA Balance for Canadians at Age 60 [Yahoo! Finance Canada]
Brookfield Business Partners L.P. Limited Partnership Units (BBU)
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Source: Yahoo! Finance Canada
is sitting around $45,000, you're right in line with the average Canadian, which should worry you a little. A $45,000 TFSA is a decent start, but it's not a retirement foundation. The good news? There's still time to change that, especially if you put your unused contribution room to work in the right investments. The average TFSA numbers tell a sobering story According to Statistics Canada data, Canadians aged 60 to 64 have an average TFSA fair market value of approximately $45,109. That sounds like a lot until you run the math. Under the popular 4% withdrawal rule, a $45,000 TFSA generates just $1,800 per year in tax-free income. That's $150 a month. Even if you hold double the amount in the RRSP (Registered Retirement Savings Plan) and receive a generous Canada Pension Plan payout, the monthly retirement income could be less than $2,000. Even more striking is this: the same age group holds an average of $47,631 in unused TFSA contribution room. In other words, the typical
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News
- This Is the Average TFSA Balance for Canadians at Age 60 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Brookfield Business Corporation Completes 2025 Annual Filings [Yahoo! Finance]Yahoo! Finance
- A Look At Brookfield Business Partners (NYSE:BBU) Valuation After Recent Share Price Weakness [Yahoo! Finance]Yahoo! Finance
- Brookfield Business Partners Announces Closing Date of Corporate SimplificationGlobeNewswire
- Brookfield Business Partners Declares Quarterly Distribution and Dividend [Yahoo! Finance]Yahoo! Finance
BBU
Earnings
- 1/30/26 - Miss
BBU
Sec Filings
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- BBU's page on the SEC website