The Average TFSA Balance for Canadians at 50 [Yahoo! Finance Canada]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance Canada
Most Canadians entering their peak earning years are leaving one of the most powerful wealth-building tools largely untapped. At age 50, retirement is no longer a distant concept. Yet the numbers suggest that a significant opportunity for tax-free growth remains on the sidelines. According to Statistics Canada's 2023 contribution data, the average Tax-Free Savings Account (TFSA) balance for Canadians aged 50 to 54 sits at roughly $30,200. Notably, the average unused contribution room for this age group is nearly $58,000. A TFSA isn't just a savings account. It's a tax shield. Still, with nearly $58,000 in average unused room, many Canadians at 50 have substantial capacity to reposition assets strategically. At 50, investors typically have 15 years until the traditional retirement age of 65. But investing doesn't stop at retirement. With Canadian life expectancy around 82 years, portfolios often need to support 30 more years of growth and income. According to Blueprint Financi
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News
- Celestica: Surfing The AI Infrastructure Buildout [Seeking Alpha]Seeking Alpha
- TD Cowen Cites Improved Risk-to-Reward Profile for Celestica (CLS) Following Post-Earnings Pullback [Yahoo! Finance]Yahoo! Finance
- Canadian AI Stocks With Solid Fundamentals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Celestica's $1 Billion Investment Signals Confidence in the AI Boom — Is CLS Stock a Buy? [Yahoo! Finance]Yahoo! Finance
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Celestica Inc. - CLSPR Newswire
CLS
Earnings
- 1/28/26 - Beat
CLS
Sec Filings
- 2/9/26 - Form 4
- 2/6/26 - Form 144
- 2/6/26 - Form 4
- CLS's page on the SEC website