RRSP Online Contest

We all want to retire with a “Cool Million”! Using our Life Events Planner, you can find out what it takes to reach that $1,000,000 of retirement savings!  To celebrate the RRSP season, follow the steps to enter our online draw for 2 tickets to Celebrations! 

Contest Entries will be accepted until February 29th, 2011.   Draw will be held on March 1st, 2012.

  1. Click on this link to go to our home page
  2. On the right-hand side bar, click on the “Life Events Planner” link
  3. Select the “Life Events Calculator” link
    life_events_planner
  4. Without clicking your mouse, scroll over “Fast Access Calculators”, “Retirement”, and click on “Cool Million”Life Events Link
  5. Using this calculator tool, at what age would you reach $1,000,000 if:

    1. You are currently 30 years old
    2. You currently have $30,000 invested in your RRSP
    3. RCU has a current interest rate of 2.5% on RRSP accounts (expected rate of return)
    4. You’re millionaire target age is 65
    5. You save $1,500 per month
    6. There is a 0% inflation rate

(*Hint! After filling out the above information, your answer is given to you in big black writing above the calculator!)

Click here to submit your entry!