Increased My Disability Retirement Savings Plan
[ Tuesday December 5th 2017 at 6:25 pm ]
I've been contributing a nominal amount to my Registered Disability Savings Plan each month. I started at $10 a month. Then I increased it to $12.50 a month. I've now decided to increase this to $14 a month. The Canadian federal government matches my contribution 3x. I am starting to save for my retirement since I am expecting to be plagued with physical challenges for the remainder of my life. Should I make a recovery the Federal government will recall their contribution. I am ok with this. I want to do what I can to help myself. But I also need to be realistic to where I am at in life.