Congratulations!
You've taken the first step towards building a healthy retirement.

When you're just starting to save for retirement, it can seem pretty intimidating - finding the money to invest, determining how to invest that money, and figuring out how much money you'll need to save in order to live comfortably 20, 30, or 40 years down the road.

We've come up with three simple steps that will help you get started. Of course, if you have any questions on taking the next step, please contact a Today & Tomorrow Representative at (905) 336-9941.

Your first step towards an early retirement is to make sure that you have the fundamentals in place toward paying for your retirement.

Create a Plan

For most people, this means contributing the maximum amount possible to your RRSP or similar plan and taking full advantage of your employer's matching contribution, if any. These steps are particularly important for financing a retirement that could last for years longer than the norm. RRSPs are better than ever, so invest in them but also consider the many other options that are available to you.

Choose Your Investments

Whether you're looking forward to semi-retirement at 45, early retirement at 55, or full retirement at 65 or later, choosing the right mix of investments can be crucial.

Being too cautious can be a mistake when you're investing for your future. Many people believe that the best thing they can do with their nest egg is to put it in a portfolio of low-risk investments. While such investments can offer regular payments and help preserve your principal, they generally don't protect your savings against the relentless effect of inflation or provide the growth you need to achieve your retirement savings goals.

Most financial professionals consider asset allocation the single most important factor in predicting investment success.

Implement Your Plan

It's important to view investing as a process, not a one-time event. Often, one of the reasons we don't start investing sooner is because, after paying bills and spending money elsewhere, we don't think there's anything left over.

Starting to save now is important, and Today & Tomorrow can help. In addition to showing you ways you can find more money to invest, Today & Tomorrow has a number of advice and guidance services that can help you find the right mix of investments to help you reach your retirement goals.

If you have any questions on taking the next step and developing a plan, please contact a Today & Tomorrow Representative at (905) 336-9941.