Your TFSA Compounder: Work Your TFSA Harder So You Can Retire Earlier
Author | : Henry Mah |
Publisher | : Henry Mah, CMA |
Total Pages | : 176 |
Release | : |
ISBN-10 | : 9781771368315 |
ISBN-13 | : 1771368314 |
Rating | : 4/5 (15 Downloads) |
Book excerpt: “A pot of gold at the end of the rainbow” is an old Irish myth and who hasn’t dreamed about finding one. But you won’t find a pot of gold by chasing rainbows, instead you can create your own by putting your savings into the Tax Free Savings Account (TFSA) and invest those funds following the Income Investment Strategy. Most know about the TFSA as a short-term savings vehicle, but I have discovered there is so much more it can do. The TFSA will not only allow one to invest and grow their investments tax-free, but you can generate a stream of income to support your retirement needs without investing nearly as much as you think!Financial freedom won’t happen without a commitment to save and then toincrease your savings over time. But if you are willing to make the effort, I will show you how to achieve your objective without worrying about the market or its fluctuations. You won’t be taking two steps forward and one back, but slowly and steadily increasing your forward stride, reaching your financial goals with the help of your own TFSA “Compounder”.Who wouldn’t want to earn enough tax-free income to meet your retirement needs and never worry about inflation or selling capital to fund your retirement? With your TFSA “Compounder” let the magic of compounding turn your hard-earned money into an ever-growing income!