Do you know how much you need to retire comfortably? If you don’t know, you are not alone. In fact, 56% of Canadians are worried about not having enough money saved up for retirement1. With MyAdvisor, you can help solve this question and more, including:
Quickly see how you’re doing with powerful visuals and forecasts of your goals, net worth and cash flow.
Have savings and investments outside of RBC? MyAdvisor lets you quickly link them for a complete and always up-to-date look at your money.
Meet with a live advisor through video chat, by phone or in person to review your retirement plan, talk strategy or to simply ask a question.
Want to act on a recommendation from your advisor or make a change? Simply sign into RBC Online Banking to update MyAdvisor.
Progress alerts let you know whether you need to adjust the amount you are saving in order to reach your retirement goal.
In minutes, you’ll have an idea of where you stand, see recommendations to help you grow your savings, and be able to book a one-on-one with an advisor.Get Started
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Amanda Z, MyAdvisor Client
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Yes, MyAdvisor is available exclusively to RBC clients. You will need to have an RBC product—such as a chequing or savings account, an investment, etc. You will also need to be enrolled in RBC Online Banking.
Not at all! MyAdvisor is designed to make the process of planning and meeting your retirement goals very simple. You just need to share some information about yourself, your finances and your goals.
We’ll help you understand the numbers—how much money you have and what you need to be saving—and you decide the goals you want to reach. Above all, don’t worry. An advisor will help you when you need it.
Absolutely! Getting started is easy, but some people like having someone walk them through the steps in person. Just book an appointment at a branch near you and have the following information handy:
You can also get started over the phone by calling 1-800-769-2511
There is no additional cost to use MyAdvisor. Some investments you hold may have certain fees and expenses (such as mutual funds), but there is no extra fee to use MyAdvisor.
Great! MyAdvisor is currently available to active RBC clients only. We can help you get started. The first step is to book an appointment or call us at 1-800-769-2511.
Getting started with MyAdvisor takes 10 minutes or less! We will guide you through a series of simple questions. Here’s an overview:
You now have access to the MyAdvisor dashboard where you can see your goal(s), net worth, cash flow and recommendations!
Your RBC accounts will automatically pull in to MyAdvisor and adding outside accounts is a snap. All you need to add a non-RBC account is your username or access card, account password, the type of account and a few other details.
You can add chequing and savings accounts, registered plans (such as RRSPs and TFSAs), non-registered investments, mortgage balances, loans and other accounts you hold at these financial institutions and more:
Think of MyAdvisor as another member of your financial team. You’ll have easy access to online tools that track and forecast your progress and you can contact an advisor for guidance and recommendations whenever you need to at no additional cost.
Below are quick steps to get started:
Answer a few questions to build a plan for your retirement goal. You can also connect your non RBC savings and investments to see them all in one place.
Once you’re set up, book a complimentary financial review with a live advisor, in person or over the phone to discuss your savings goal in detail.
For a private consultation, or for help designing your retirement plan, please complete the information required below:
I understand I am under no obligation and RBC Royal Bank and/or Royal Mutual Funds Inc. (RMFI) will contact me using the information provided only in relation to financial and retirement planning. RBC Royal Bank and its affiliates are committed to keeping your personal information confidential. All RBC Royal Bank and RMFI employees are required to maintain the confidentiality of client information at all times.