Here's the Average Canadian TFSA at Age 55 [Yahoo! Finance Canada]
Brookfield Infrastructure Partners LP Limited Partnership Units (BIP)
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Source: Yahoo! Finance Canada
According to a detailed report from Blueprint Financial, the average Tax-Free Savings Account (TFSA) balance for Canadians aged 55 to 59 is around $33,200. The number is well below what financial experts recommend for this age group, as many savers approach the final stretch before retirement. The TFSA balance for those aged 50–54 is around $26,400, while it rises to $39,750 in the 60–64 age group. The relatively modest balances stem from inconsistent contributions and low-interest savings products. Several Canadians use the TFSA as a “savings account” rather than an “investment account,” which has led to less-than-impressive returns. Basically, Canadians have yet to fully leverage the TFSA's tax-free growth potential for retirement income. At 55, a well-funded TFSA becomes increasingly valuable. Unlike Registered Retirement Savings Plan (RRSP) withdrawals, TFSA distributions don't trigger taxes or affect government benefit eligibility for Canada Pension Plan, Old Age Security,
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News
- A 5% Dividend Stock is My Top Pick for Immediate Income [Yahoo! Finance Canada]Yahoo! Finance Canada
- Brookfield Infrastructure Is Now One Of The Most Important Dividend Growth Stocks [Seeking Alpha]Seeking Alpha
- Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) had its "buy" rating reaffirmed by analysts at TD Cowen.MarketBeat
- Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) had its price target raised by analysts at Royal Bank Of Canada from $40.00 to $41.00. They now have an "outperform" rating on the stock.MarketBeat
- Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
BIP
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- 1/29/26 - Beat
BIP
Sec Filings
- 11/28/25 - Form 6-K
- 11/26/25 - Form 6-K
- 11/20/25 - Form 6-K
- BIP's page on the SEC website