Here’s the Average TFSA Balance at Age 55 in Canada

Oct. 3, 2024 - Yahoo Canada Finance

As of writing, the average Tax-Free Savings Account (TFSA) balance for a 55-year-old in Canada is around $70,000. How to boost itTo boost that TFSA balance before retiring at 65, one of the best strategies is to maximize your contributions each year.

Safe considerationVanguard Growth ETF Portfolio (TSX:VGRO) could be one of the best options to help boost your TFSA balance. The post Here’s the Average TFSA Balance at Age 55 in Canada appeared first on The Motley Fool Canada.

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