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0.000173410404624251 -0.000566473988439317 -0.000566473988439317 -0.00173410404624277 -0.00537283236994224 -0.00472317919075146 -0.0046006936416185 -0.00346820809248555
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Here's the Average TFSA and RRSP at Age 45 [Yahoo! Finance Canada]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
The Registered Retirement Savings Plan (RRSP) cannot adapt to such changes, but a Tax-Free Savings Account (TFSA) can. The average TFSA balance of Canadians in the 45–49 age group is $24,150, as per 2023 tax year data from Statistics Canada. The median RRSP balance for Canadians in the 45–54 age group is between $70,000 to $72,600. Is it right to invest more in an RRSP than TFSA, even when you have ample TFSA contribution room? TFSA vs. RRSP: When you want to retire at age 45 There is a misconception that only RRSPs can be used for retirement . But in reality, the RRSP balance does not matter much after retirement. The logic behind the RRSP is that you have a high tax liability during your work life and a lower tax liability in retirement, as you earn less. The RRSP allows you to deduct your contributions from your taxable income. But after you retire, you have to transfer the money into a Registered Retirement Income Fund (RRIF), which will give you a minimum withdrawal that wi Show less Read more
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