Average RRSP Balance By Age (40, 50, 60, 70): Are You Saving Enough?
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The average Canadian's RRSP dropped by over $30,000 in just one year, from 2022 to 2023. If you're worried about your retirement savings, the good news is—it might not be as bad as it seems. Let’s dive into the numbers and I’ll show you how you can use this RRSP data to your advantage.
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Chapters:
00:00 Introduction
00:22 Average RRSP Account Holdings Over Time
01:29 Breakdown of RRSP Holdings by Age: Average vs. Median
04:07 Regional Breakdown: Where RRSP Contributions Shine
05:33 RRSP Contributions by Household Size
06:33 RRSP Contributions: Strong at Every Stage of Life
07:38 Economic Challenges Impacting RRSP Savings
Disclaimer: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Neither Christopher Liew nor Blueprint Financial provide specific investment recommendations. For investment advice, please consult a registered professional. This channel is not responsible for any investment actions taken by viewers based on these videos.
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