Here's the Average Canadian TFSA and RRSP at Age 40 [Yahoo! Finance Canada]
Waste Connections, Inc. Common Shares (WCN)
Last waste connections, inc. common shares earnings: 2/12 04:10 pm
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Source: Yahoo! Finance Canada
By the time Canadians reach 40, the average Tax-Free Savings Account (TFSA) balance sits at about $17,062. Meanwhile, the average Registered Retirement Savings Plan (RRSP) holds around $103,000. While these figures are commendable, they may fall short of what's needed for a financially secure retirement. What to consider Rising costs of living, inflation, and the unpredictability of healthcare expenses mean that these savings may not stretch as far as one might hope. Financial planners typically suggest having the equivalent of three times your annual salary saved by this age. For Canadians aged 35 to 44, whose average income is $65,800, that's about $197,400. Comparing this benchmark to the combined average of TFSAs and RRSPs shows that many individuals are falling short of this goal. This savings gap isn't a cause for panic but rather a nudge to explore better strategies for growing wealth. One powerful method is passive income investing, whereby your money works for you by g
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WCN
News
- Dan Rohinton's Top Picks for January 3, 2025 [BNN Bloomberg (Canada)]BNN Bloomberg
- Troubled Chiquita Canyon Landfill will cease accepting trash in 2025 [Los Angeles Times (CA)]Los Angeles Times
- Chiquita Canyon Landfill closes waste disposal services, landfill management continues [CBS News]CBS News
- This is the No. 1 company where workers are happy with their pay—it's not based in New York or San Francisco [CNBC]CNBC
- TFSA: 4 Canadian Stocks to Buy Now and Hold Forever [Yahoo! Finance Canada]Yahoo! Finance Canada
WCN
Earnings
- 10/23/24 - Beat
WCN
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 12/2/24 - Form 4
- WCN's page on the SEC website