When it comes to doing the things you want to do, and buying the things you want to buy, now is always better than later. That’s also true for investing—the sooner you start, the better off you’re likely to be. The problem is that there’s only so much money to go around. So, do you spend your money on a new couch or do you save for your future by starting an investment plan? The answer is simple: do both with RBC RSP-Matic®. It’s a way to invest regularly and still have a life.
It's easy to get started
RSP-Matic Calculator
To open an RSP-Matic account, simply contact an RBC Advisor:
Try the RSP-Matic calculator to see how easy it is to get started.
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With RBC RSP-Matic you can set up monthly, bi-weekly or weekly contributions that match your investment threshold. This way you can keep your savings on track without cramping your lifestyle.
Start with as little as $25 a month
Contributions are automatic and can come from your chequing or savings account at RBC or another financial institution
Adjust your contribution amount and frequency (even put it on hold) at any time with one phone call
Contributing to an RRSP can lower your taxable income
RRSP contributions are tax sheltered, which can leave more money in your pocket. Use our RRSP calculators to learn more.
Invest for later
Along with the satisfaction you’ll get from knowing you’re thinking ahead, RBC RSP-Matic can also benefit your bottom line with the power of compound interest.
Contributing regularly can help you build your portfolio faster
Dollar-cost averaging can help minimize the impact of market fluctuations on your portfolio
Use your savings for retirement—or for other things like education or your first home
Investing regularly versus making lump-sum contributions can give you a long-term edge. Use our RRSP calculators to learn more.
To open an RSP-Matic account, simply contact us at 1-800-ROYAL® 1-1 or visit your local branch.
