Smart strategies to grow your wealth

There is no single “most profitable” investment — returns depend on several factors:

• Your investor profile (risk tolerance, investment horizon)
• The economic context (interest rates, inflation, market conditions)
• The type of investment (stocks, bonds, real estate, funds, guaranteed investments, etc.)

Speak with one of our advisors to explore the options best suited to your current situation.

How much should you save for retirement?

The amount you need to save for retirement depends on various personal factors:

• Your current age and planned retirement age
• Your income and desired lifestyle in retirement
• Expected income sources (QPP, pension, RRSP, TFSA, private funds, etc.)
• Your debts, assets, and future expenses (mortgage, healthcare, travel, etc.)

Every situation is unique. At Gestion Phocus, we create customized retirement plans that reflect your reality, your goals, and your time horizon.

Our advisors will help you determine the right savings target — and how to reach it, step by step.

The amount you need to save for retirement depends on various personal factors:

• Your current age and planned retirement age
• Your income and desired lifestyle in retirement
• Expected income sources (QPP, pension, RRSP, TFSA, private funds, etc.)
• Your debts, assets, and future expenses (mortgage, healthcare, travel, etc.)

Every situation is unique. At Gestion Phocus, we create customized retirement plans that reflect your reality, your goals, and your time horizon.

Our advisors will help you determine the right savings target — and how to reach it, step by step.

An investment’s risk level determines its return potential and volatility:

• Low risk: Stable, predictable returns, but limited growth (e.g., GICs, government bonds). Ideal for conservative investors or short-term goals.
• Medium risk: A balance between stability and growth (e.g., balanced funds, corporate bonds). Suitable for medium- or long-term goals)
• High risk: Greater potential returns, but with higher volatility (e.g., stocks, emerging markets). Best for investors comfortable with risk.

At Gestion Phocus, we assess your investor profile to recommend the right mix of these investment types.

There’s no one-size-fits-all answer — it depends on your situation. RRSPs often help reduce taxes if your income is high, while TFSAs offer more flexibility, with tax-free withdrawals at any time. RRSPs are mainly for retirement, while TFSAs can support multiple projects.

At Gestion Phocus, we help you choose the most profitable strategy based on your goals.

RRSPs (Registered Retirement Savings Plans) and TFSAs (Tax-Free Savings Accounts) are both tax-advantaged tools, but they serve different purposes.

RRSPs are primarily for retirement. Contributions are tax-deductible, which lowers your taxable income. Investments grow tax-free, but withdrawals are taxed. RRSPs are ideal if you expect to be in a lower tax bracket in retirement.

TFSAs are more flexible. Contributions aren’t tax-deductible, but any gains and withdrawals are tax-free, no matter the purpose. You can access your funds anytime, without tax consequences — whether for a project, emergency, or retirement.

We help you use both tools in a complementary way based on your priorities.

Generally, you can contribute up to 18% of your earned income from the previous year, up to an annual maximum set by the Canada Revenue Agency. Unused contribution room accumulates and can be used later.

To find your exact limit, log into your secure account on the CRA website.