Advertisement
Canada markets open in 8 hours 27 minutes
  • S&P/TSX

    22,375.83
    +116.63 (+0.52%)
     
  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • CAD/USD

    0.7308
    -0.0004 (-0.05%)
     
  • CRUDE OIL

    79.81
    +0.55 (+0.69%)
     
  • Bitcoin CAD

    86,147.67
    +1,973.36 (+2.34%)
     
  • CMC Crypto 200

    1,351.12
    +51.02 (+3.92%)
     
  • GOLD FUTURES

    2,360.80
    +20.50 (+0.88%)
     
  • RUSSELL 2000

    2,073.63
    +18.49 (+0.90%)
     
  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     
  • NASDAQ futures

    18,227.25
    +12.75 (+0.07%)
     
  • VOLATILITY

    12.69
    -0.31 (-2.38%)
     
  • FTSE

    8,381.35
    +27.30 (+0.33%)
     
  • NIKKEI 225

    38,224.14
    +150.16 (+0.39%)
     
  • CAD/EUR

    0.6779
    +0.0001 (+0.01%)
     

When should I start paying into a pension?

Watch: When should I start paying into a pension?

Pensions and retirement don’t necessarily sound like the most exciting of dinner table conversations, but they can make a huge difference to your future.

Although there is no set age to start paying into a pension fund, it’s worth thinking about while you’re young.

There are numerous different pension schemes out there, including ones through your employer and private funds, so that’s why it is important to understand your options early.

Having a good pension can set you up nicely for your old age, and although it might seem far away now it’s best to build up contributions over a long period of time.