Bogress Financial Group

Retirement planning doesn't have to be as scary as it sounds. The earlier you start, the easier it is to accomplish your goals. #Retirement

Well, inflation is around 2%. If your money is sitting in your savings account and making less than a 2% return, then it is losing value. Investing helps keep your money up with inflation and, in most cases, outdo it. #Investing #Investments #Funds #FinancialLiteracy

A Registered Education Savings Plan (RESP) is one of the simplest ways to put away money for your child's future education. An RESP combines flexibility, tax-deferred investment growth and direct government assistance to help you reach the #education goals you have for your child. Curious as to how this all works and how you can start an RESP for your child? Send us a message to chat with us today! #RESP #FinancialPlanning #Investing

When you put money into anRRSP, itreducesyourtaxable incomefor the year, and may produce ataxrefund. You can use the refund to pay down a mortgage or other debt, save for a child's education or pursue other financial goals. In this way, anRRSPhelps you prepare for #retirement and your other goals. Haven’t contributed to your RRSP for 2020 yet? Don’t worry, you have until March 1st, 2021 to do so! Contact us today to talk about opening or contributing to your RRSPs!

Trying to determine the best route to take for your financial situation can be very confusing. Fortunately, we are here to help you understand the financial decisions you have ahead of you. If you are feeling confused, check out the link in our bio, or DM us, and we can help get you up to speed! #financialliteracy #financialplanning #personalfinance