Investing

Savings and Investing

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It all starts with a savings plan.

It all starts with a savings plan.

From long-term dreams to short term wishes,
we'll help you build a plan that meets every milestone.

Choose a savings plan to explore:

Saving for a vacation

Saving for a vacation When you’re working hard, a well-deserved vacation can refresh
and energize you. Just planning a vacation is proven to
boost your overall happiness.1

Before you start putting money away for your next trip, it’s wise
to explore your options and see just what type of vacation suits
you best. Is it a week at an all-inclusive resort, a month-long
self-guided trip through Europe, or a cruise through the
Mediterranean?

Canadians taking time off during the winter will generally
spend about $2,600.2


Here are our suggestions to help save for a vacation


Start Saving Today

To start saving for your vacation, we suggest a TD Every Day Savings Account  with a Pre-authorized
Transfer Service
 
(PTS). A PTS can easily be set up so that you are automatically transferring the money
for your vacation from your chequing account to your savings account on a regular basis.

Another great way to put money aside for a vacation is the Simply Save program. With Simply Save,
every transaction you make with your TD Access Card you are also making a contribution to your
savings. You can choose to contribute $0.05 - $5 from your chequing to your TD Every Day Savings
Account each time you make a purchase, and watch those smaller contributions add up to a great vacation.



Saving Tips

Saving Tips

    In addition to your budgeted savings, there are lots of small things you can do that could really
    add up and help you reach your goal sooner. Take a look at some easy savings tips:

  • Every time you get a deal, like a 2-for-1 or use a coupon, put that money you would have
    spent right into your savings.
  • Use cash. Put your weekly entertainment budget in cash so you can easily see how much
    your spending and how much you have left. If it’s getting low, you might decide to skip that
    afternoon treat.


Here's a summary of the products, tools and services
that may help you with your savings goals



Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


1Source: http://well.blogs.nytimes.com/2010/02/18/how-vacations-affect-your-happiness/?_php=true&_type=blogs&_r=0
2Source: http://www.newswire.ca/en/story/1125215/cibc-poll-canadians-spending-an-average-of-about-2600-on-their-march-vacations-this-year

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Saving for a wedding

Saving for a wedding Congratulations! Getting engaged and planning a wedding are
joyful times in one’s life. A wedding is a wonderful opportunity to
celebrate an exciting step in your life, and host an event with
family and friends that you won’t ever forget.

You may have been dreaming of this day for years, or are just
beginning to plan. Either way, it’s easy for wedding costs to really
add up.The average expected cost of a wedding in Canada
excluding the honeymoon is $22,429.1 So, it’s important to sit
down with your future spouse or family and talk about what is
really important for you both to have at your wedding and what’s
flexible. Once you know these details, you can begin saving for
your special day.


Here are our suggestions to help you save for a wedding


Start Saving Today

Opening a TD High Interest Savings Account(HISA) will give you a place to put away the money you’re saving for your wedding, along with any monetary help you’ve received from family or friends.

Pre-authorized	Transfer

Once you’ve got your savings account open, setting up a monthly Pre-authorized Transfer
Service
is an easy way to make sure the money you’ve allocated for the wedding gets from
your chequing account to your HISA on a regular basis.



alt text 40% of couples are engaged for 13-18 months before tying the knot,which is a nice amount of time to
build your wedding savings.2



Learn about our integrated and dynamic approach to wealth management

Saving Tips

  • Set up a short-term savings goal. Saving just $20 a week can add up to over $1,000 a year.
  • Save all your change. At the end of each day, take all the change from your wallet and place
    it in a ‘wedding fund’ jar. Just $2 a day from each of you can add up to over $1,000 in a year.



Put your savings to work for you

Once you’ve had time to accumulate some savings for your wedding, you can start to invest it and earn more money.

Talk to a Financial Advisor about investing your savings into a Guaranteed Investment Certificate
(GICs) or Term Deposits that have a maturity date that align with your wedding planning.

alt text

GICs and Term Deposits provide a safe way to save because your initial investment is
protected. Many GICs and Term Deposits have flexible terms that range from 30 days to five
years, so depending on when you’re having your wedding, this could be a good option for
growing your savings.



Here's a summary of the products, tools and services
that may help you with your savings goals



Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


1Source: http://business.financialpost.com/2013/01/26/affordable-wedding-planning-tips/
2Source: http://www.huffingtonpost.com/2013/01/04/average-engagement-length_n_2411353.html

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Saving for a home or condo down payment

alt text Taking the step to buy a home of your own is a very exciting and
rewarding experience. A good place to get started is considering
your options: condo or house? The neighbourhood? Fixer-upper
or new construction? Once you’ve got a feel for the cost
implications of these decisions, then you can roughly determine
what you’re looking at spending.

The national average home price is climbing and currently
sits just over $400,000.1

The cost of a home may seem overwhelming, and saving for a
down payment can be daunting if you are just starting out. But,
with the proper planning, budgeting and saving you can be well
on your way to owning your own home.


Here are our suggestions to help you
save for a down payment


Start Saving Today

Open a TD High Interest Savings Account or a Tax-Free Savings Account to start putting the money away
for your down payment. Moving your down payment savings out of your everyday banking account and
into one of these accounts will help you set your funds aside and build your savings.

alt text

Make it easier to save by setting up a Pre-authorized Transfer Service. This service can be set
on a weekly, bi-weekly or monthly basis and will automatically move the funds you’ve
budgeted for your down payment from your everyday bank account into your savings account.


alt text

Consider using your Retirement Savings Plan (RSP) to help with your down payment. For first
time home buyers, the Home Buyer’s Plan lets you withdraw up to $25,000 from your
RSP (up to $50,000 for a couple) to help with your down payment2.




Learn about our integrated and dynamic approach to wealth management

Saving Tips

In addition to your budgeted savings, there are lots of small things you can do that could really
add up and help you reach your goal sooner. Take a look at some easy savings tips:


  • Save your change! If you put your spare change aside at the end of every day, it can really
    add up. That $1.00 of change a day saves you $365.00 a year.
  • Take your lunch at least twice a week. If you’re saving $10 each time you bring your lunch,
    that could add up to close to $1,000 in savings a year.
  • Borrow instead of buy. Your neighbourhood library has tons of books and DVDs to choose
    from, so instead of buying a new book or DVD each month – sign them out for free. That
    could add up to around $240 of savings a year.3



Put your savings to work for you

Once you’ve had the time to build up some savings for your down payment, you can start to invest it and
earn more money.

Talk to a Financial Advisor about investing your savings into a Guaranteed Investment Certificate (GICs)
or Mutual Funds4.

alt text

GICs and Term Deposits provide a safe way to save because your initial investment is
protected. Many GICs and Term Deposits also guarantee a rate of return for the term of your
investment, which can help you plan when and how you’ll use that money.


alt text

Investing in mutual funds means you’re putting your money into a portfolio of bonds, stocks,
and/or money market investments – all selected and managed by a professional. Investing in a
number of different assets through a mutual fund, can lower your risk because your money is
not dependent on the performance of a single investment.


alt text

Setting up a Pre-authorized Purchase Plan automatically invests your money in TD Mutual
Funds at regular intervals. It ensures that you’re paying yourself first.



Here's a summary of the products, tools and services
that may help you with your savings goals



Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


1Source: http://www.cbc.ca/news2/interactives/housing-canada/
2Conditions and eligibility requirements apply.
3Source: http://www.tdgetsaving.com/#/savings-tips
4Mutual Funds Representatives with TD Investment Services Inc. distribute mutual funds at TD Canada Trust.

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Saving for a child's education

alt text A post-secondary education is an important step to ones’ success,
and helping a child achieve that goal is an admirable
achievement. Youths under the age of 25 are 23% more
likely to find employment when they have a
post-secondary degree.

But the cost of higher education is rising, and tuition alone can be
quite expensive.The average university tuition in Canada is
approximately $5,700 a year plus about another $1,000 for
books. And that doesn't include living expenses.

That sounds like a lot, but, with the right planning, you can
make saving a part of your routine and help your education
savings grow.


Here are our suggestions to help save
for a child’s university or college education


Start Saving Today

Start by opening a Registered Education Savings Plan(RESP) for a child. A RESP is an account registered
with the Government of Canada to help you save for a child’s post-secondary education. When you
contribute to an RESP, you become eligible for government grants that can amount to thousands of
dollars for a child’s future education.

alt text

The government gives you a basic grant of 20% on the first $2,500 of annual
contributions to an RESP. That's up to $500 per beneficiary each year to a lifetime
limit of $7,200 towards a child's education.


It can be difficult to save when you've got a young family, but even small amounts can add up over time.
We suggest that after you’ve opened your RESP, you set up an automatic savings plan. An automated
savings plan allows the money you’ve budgeted each month for education savings to be transferred from
your chequing account to your RESP on a weekly, bi-weekly or monthly basis. With this savings method,
you’ll never have to worry or wonder about missing a contribution and your savings can grow without
you even thinking about it.




Graph Education

Getting an early start on saving for a child’s
future can make a huge difference.
See the difference a couple years can make.

Try the Education Savings Calculator



Learn about our integrated and dynamic approach to wealth management

Saving Tips

  • Giving up just one $4 latte a week could save you $208 every year.
  • Trading in two restaurant meals a month for a nice dinner at home can save you $1,320 each year.
  • Try to save an equal amount of money spent on items such as take-out coffee and lunch.
  • Saving just $20 a week can add up to over $1,000 a year.


Here's a summary of the products, tools and services
that may help you with your savings goals



Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


Know someone else saving for the same goal? Share this with them.
Facebook   Twitter  

Saving for retirement

alt text We all look forward to the day we can retire, kick back and enjoy
some much deserved free time. While that day might seem far
off, the sooner you start saving the more you’ll have to work with
later on.

According to Statistics Canada, the average Canadian retires by
the age of 63.1 That means the average retirement in Canada
now lasts for approximately 20 years.

So how do you start planning? Start with what your ideal
retirement looks like – how do you want to spend your time? Do
you imagine your lifestyle will change drastically, or not all? Once
you have an idea of how you’d like to spend your retirement, our
Retirement Savings Calculator can help you start planning for how
much you’ll need to save to do it comfortably.


Here are our suggestions to help you save for retirement


Start Saving Today

It's important to begin saving for the long-term so you can retire comfortably and live the lifestyle you
want. A Retirement Savings Plan (RSP) or a Tax-Free Savings Account(TFSA) are great ways to start
saving for the future RSPs reduce your taxable income, and growth earned is non-taxable as long as it
remains in the RSP, helping you build a larger retirement fund for the future. A Tax-Free Savings Account (TFSA) is another great option to help save towards your retirement goal, because your savings grow
tax-free. You don't pay taxes on the investment income or growth earned in your TFSA, even upon
withdrawal, - helping you build your savings faster.

alt text

Consider setting up an Automated Savings Plan. Automatically transferring funds from your
everyday chequing account into your RSP or TFSA account provides a disciplined approach to
saving. With this savings method, you’ll never have to worry or wonder about missing a
contribution and your savings can grow without you even thinking about it.




Learn about our integrated and dynamic approach to wealth management

Saving Tips

There are lots of small things that can help your savings add up:


  • Take advantage of an employees savings programs in which your employer matches or
    supplements what you’re contributing.
  • Put any bonuses you receive right into your savings. Set aside a small amount
    to treat yourself, but put the majority of that bonus away.



Put your savings to work for you

TD offers investment options to help you achieve your goals no matter how big or small. With a wide
range of investment options for RSPs and TFSAs to choose from, you’re sure to find the right investment
to help you with your retirement and savings goals.

alt text

Guaranteed Investment Certificates and Term Deposits are a good investment choice if you
want to give your money a chance to grow, safe and secure.


alt text

Mutual Funds will give you access to a broad range of professionally managed investments,
from bonds to stocks and other investable assets. These investments are carefully selected and diversified in order to help minimize risk.


Talk to a Financial Advisor2 about the investment option that is right for you.

Important Mutual Fund Information



Here's a summary of the products, tools and services
that may help you with your savings goals




Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


1Source: http://www5.statcan.gc.ca/cansim/pick-choisir?lang=eng&p2=33&id=2820051
2Mutual Funds Representatives with TD Investment Services Inc. distribute mutual funds at TD Canada Trust.

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Starting your savings

alt text Building savings is not only beneficial for things you may want to
do in the future, like buy a home or take a nice vacation, but also
provides a layer of security in times of uncertainty.

Half of Canadians are putting less than 5% of their pay
cheque towards savings.1

A general guideline is to put at least 10% of your income towards
your savings. Even if you’re currently paying off student loans or
other debt, it’s essential to ensure you pay yourself too. Then
over time as you make more, you can increase the amount you
save as well.


Here are our suggestions to help save for the future


Start Saving Today

Open a TD High Interest Savings Account or a Tax-Free Savings Account to begin saving towards your
goal. Make it easier to save by setting up an automatic savings plan called Pre-authorized Transfer
Service
(PTS). A PTS will automatically move funds from your everyday bank account into your savings
account. This is a great way to grow your savings without you even having to think about it.

alt text

Another great way to put money aside is the Simply Save program. With Simply Save, every transaction you make with your TD Access Card you are also making a contribution to your savings. You can choose to contribute $0.05 - $5 from your chequing to your TD Every Day Savings Account.




Learn about our integrated and dynamic approach to wealth management

Saving Tips

There are lots of small things you can do that could really add up and help you reach your goal
sooner. Take a look at some easy savings tips:


  • Write a shopping list and stick to it to help prevent those impulse buys from adding up.
  • While you’re at it, buy generic. Many pantry basics are just as good, if not better, than the
    brand name items you pay more for.
  • Switch one night out a week to a night in. Instead of meeting friends for dinner, have a get
    together at your place.



Put your savings to work for you

Once you've had the time to build up some savings, you can start to invest it and earn more money.

alt text

Guaranteed Investment Certificates (GICs) and Term Deposits provide a safe way to save because your initial investment is protected. Many GICs and Term Deposits also guarantee a rate of return for the term of your investment, which can help you plan when and how you’ll use that money.


alt text

Mutual Funds provide easy access to the growth potential offered by stocks and bonds without you needing to be an expert. Professionals will select and manage the investments held in the mutual fund to seek to maximize growth, as well as help you plan when and how you can use your savings.


Talk to a Financial Advisor2 about investing your savings into Guaranteed Investment Certificate (GICs) or Term Deposits and Mutual Funds.

Important Mutual Fund Information



Here's a summary of the products, tools and services
that may help you with your savings goals



Visit a branch today to speak with an advisor and build
your customized savings plan


Taking this plan with you

Bring a copy of the above
plan to your branch and
get the conversation
started.

Book an appointment
1-866-666-6178

Investment representatives
are available to take
your call, 24/7

Explore your options today,
visit any TD Canada
Trust Branch.

Find a branch


1Source: http://well.blogs.nytimes.com/2010/02/18/how-vacations-affect-your-happiness/?_php=true&_type=blogs&_r=0
2Mutual Funds Representatives with TD Investment Services Inc. distribute mutual funds at TD Canada Trust.

Know someone else saving for the same goal? Share this with them.
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Plans & Products

Registered Savings Plans

There's choice when it comes time to invest for your future goals. With our helpful advice, you'll find the plans that are right for you.

Savings & Investment Products

Grow your savings with our innovative investment products. We'll help you understand your options, and provide sound advice.

Ways to Save

Setting up an automatic savings and contribution plan makes saving for your future goals just one of life's routines.

Tools

Retirement Savings Calculator

Find out where you stand
today and how much you'll
need to save to reach your
retirement goals.

TFSA Savings Calculator

Want to know how much you
could save in taxes by putting
money in a Tax-Free Savings
Account?

Education Savings Calculator

Find out how much you need
to save today, to meet your
education cost tomorrow.

TD Get Saving

Tools designed to help
you "get" the world of savings.