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Stock impact report

Here's the Average TFSA and RRSP at Age 40 [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
At 40, money starts to feel louder. Kids cost real money, mortgages feel less “starter,” and retirement stops sounding like a far-off concept. Knowing the average Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) at this age gives you a simple benchmark. Not a grade, but a gut check. It helps you spot whether you need to press harder, change your mix, or just stop guessing and get a plan on paper. At this age, small course corrections can save you years later, because compounding rewards the early pivot more quietly, too. Where you fall For Canadians aged 40 to 44, the Canada Revenue Agency (CRA) pegs the average TFSA fair market value at about $18,842 for the 2023 contribution year. That number surprises people because the lifetime TFSA room for long-time eligible Canadians has grown well past $100,000. The gap tells you something important: most people do not max it, even after a decade and a half of room piling up. The TFSA average also hides a bi Show less Read more
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