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Stock impact report

Here's the Average TFSA and RRSP at Age 45 [Yahoo! Finance Canada]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Knowing the average Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) balance can help any investor. It gives you a rough checkpoint, not a verdict. If your number sits below the average, you can spot the gap early and adjust contributions before time slips away. If your number sits above it, you can avoid getting lazy and keep compounding working for you. Most importantly, it reminds you that “normal” includes a wide range, so you can build a plan that fits your income, your goals, and your reality. Looking at the average For Canadians around age 40, the TFSA number surprises people. The Canada Revenue Agency's (CRA's) TFSA statistics show that the 40–44 age group had an average TFSA fair market value of about $19,270 for the 2023 contribution year. That isn't the maximum room, and it's not what someone “should” have. It's simply what the average TFSA holder in that age band actually held in the account. RRSPs show the same pattern, just with a bigg Show less Read more
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