Retirement Products

Living comfortably in retirement shouldn't feel like something that is beyond your reach. With a little bit of planning and preparation right now, you can live comfortably when you retire. FirstOntario offers a number of investment options and solutions to fit your needs. We can help you get to where you want to be.

RRSPs

It's sometimes hard to imagine that the financial decisions we make today can have an impact on our retirement. Competing demands can also make it difficult to even consider investing for something that seems so far away. There are a number of options available to ensure that all your financial obligations - including RRSPs - are met. Learn more about RRSP choices at FirstOntario such as:

• Benefits of Investing Early
• Guaranteed Investments
• Mutual Funds*
• Index Link
• RRSP Investment Savings Account
• RRSP Loans
• Spousal RRSPs

You can also find out more about RRSPs in the Learning Centre when you click on Go Figure on the left.

RRIFs

Before the end of the year that you turn 69, your RRSPs need to be turned into a retirement income plan, like a Registered Retirement Income Fund (RRIF). A RRIF ensures that you have income from your RRSP while keeping the balance deferred from tax. Different retirement income options are available and a FirstOntario Member Consultant is always happy to discuss the best choice for you and your needs.

You can find out more about RRIFs in the Learning Centre when you click on Go Figure on the left.

*Mutual Funds are offered through Credential Asset Management Inc. and mutual funds and other securities are offered through Credential Securities Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  Unless otherwise stated, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.  Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.  Credential Securities Inc. is a Member - CIPF.