HOME RATES ABOUT SERVICES VIDEOS BLOG CONTACT ME TEAM
AGENT LICENSE ID
NB 160000730 NS 182519416
BROKERAGE LICENSE ID
NS161759015 NB160000476 ONT M18000001
Tonya Russell NB Mortgage Associate  NS Mortgage Broker

Tonya Russell

NB Mortgage Associate NS Mortgage Broker


Phone:
Address:
466 Bowlen St. , Fredericton, New Brunswick

BROWSE

PARTNERS

BROWSE

PARTNERS

COMPLETE

THE SURVEY

REFER

A FRIEND

RRSP deadline is February 29th

2/22/2016

If you are thinking contributing to your RRSPs, here are a few things to consider before the Feb 29th deadline.

 

When do you want to retire?

It's never too early to start planning for retirement.  If you are in your 20's you may want to opt for more aggressive funds because your investments will have more time to ride the ebbs and flows of the market. If you are in your 40's, you may want to invest a larger portion of your savings in safer GICs.

 

RRSPs or pre paying your mortgage?

If you have some funds set aside, and you are wondering whether to put it into your investments or into a prepayment for your mortgage, talk to me and i can help you with the pros and cons.

 

Laddering

Ask your financial advisor about staggering your contributions so that you can optimize your investments.  Since your investments will be maturing each year, any upward swings will work in your favour.  If there is interest rates drop, only some of your investments are exposed.

 

Carry over

Remember that you don't have to max out your contributions every year.  If you are going to be in a higher earning bracket next year, it may make sense for you to save contribution room till it makes more financial sense for your situation.

 

 

MY LENDERS

TD Bank Scotia Bank Attain Mortgage First National MCAP B2B Bank
Home Trust Merix Equitable Bank Street Capital CMLS Fisgard Capital
ICICI Bank Optimum  RMG Mortgages Bridgewater Marathon Mortgages