Finance · Saving & Investing

Your money should be
working harder than you are.

TFSAs, RRSPs, compound growth — no jargon. Rico breaks it all down so you can start building real wealth at any income level.

Rico is a Financial Associate with Experior Financial Group — not a certified Financial Advisor

The Reality

Most people are waiting for the "right time" to invest.

They tell themselves they'll start investing when they earn more. When the debt is gone. When things settle down. When they understand it better. And years go by. The single most expensive mistake in personal finance isn't a bad investment — it's waiting too long to start.

"
The best time to start investing was 10 years ago. The second best time is today.

You don't need to understand the stock market. You don't need a lot of money. You don't need to take big risks. What you need is a starting point, a clear account to put money into, and someone to explain it simply. That's exactly what Rico does.

Canada has some of the best savings tools in the world — the TFSA alone is one of the most powerful wealth-building accounts available anywhere. Most people are either not using it, or not using it correctly.

The Tools

Canada's best savings accounts — explained simply

Click each account type to see how it works and who it's best for.

See It Work

The power of compound growth

Enter a monthly amount and see what it becomes over time. This is why starting early matters more than starting big.

Compound Growth Calculator

Based on a 6% average annual return — a conservative long-term estimate for a balanced portfolio.

Monthly contribution ($)
Years to grow
Annual return (%)
$0
Total portfolio value
$0You contributed
$0Growth on top

* Assumes consistent monthly contributions and a fixed annual return. Actual returns will vary. This is for illustration purposes — book a session with Rico for a personalized projection.

Getting Started

How Rico helps you start building wealth

No matter where you're starting from, there's a logical next step. Click each one.

1Start with the right account
+
For most people, the TFSA comes first — it's flexible, tax-free, and you can access it anytime. Once that's running, Rico looks at whether an RRSP makes sense based on your income and tax situation.
2Automate a small amount
+
Even $50 or $100/month on auto-transfer changes the psychology of saving. You stop thinking about it — it just happens. The habit matters more than the amount at first. You increase it over time.
3Choose the right investment
+
You don't need to pick individual stocks. Mutual funds, index funds, and GICs are all tools that match different risk tolerances and timelines. Rico explains each option in plain language so you can make a confident choice.
4Build your retirement number
+
Rico runs a retirement projection using the Experior Financial Analysis to show you exactly how much you need at retirement — your Financial Independence Number — and whether you're on track to hit it.
5Review and adjust as life changes
+
A savings plan isn't set-and-forget. New job, new baby, new goals — Rico stays in your corner as life changes and helps you adjust accordingly. Annual check-ins keep you on track without overwhelming you.

Common Myths

Things people believe that hold them back

Click each myth to hear the truth.

❌ "I need a lot of money to invest"+
Most accounts start with $25–50/month. The barrier to entry is lower than ever. Starting small and early beats waiting for a lump sum every time. $100/month at age 25 is worth more than $500/month starting at 45.
❌ "I'll start when the debt is paid off"+
Sometimes this makes sense — if you're paying 20% credit card interest, paying that off first is smart. But low-interest debt and investing can happen simultaneously. The compound growth you miss while waiting can outweigh the interest saved.
❌ "Investing is too risky"+
Risk is a spectrum. GICs are nearly risk-free. Balanced mutual funds are low-to-medium risk. Not all investing means stock-picking. Rico will match the investment type to your risk tolerance and timeline — most people are far more conservative than the word "investing" suggests they need to be.
❌ "The government pension will be enough"+
CPP maximum in 2025 is around $1,300/month. OAS adds roughly $700. That's ~$2,000/month — well below what most people need to maintain their lifestyle. Government pensions are a supplement, not a retirement plan.

Common Questions

Things people ask Rico about saving & investing

Click any question to read the answer.

TFSA or RRSP first?+
For most people under $80,000 income — TFSA first. It's more flexible and you don't lock the money away. As income rises, RRSPs become more valuable for the tax deduction. Rico will look at your specific income and tax situation to give you the right answer.
What if I've never invested before?+
Perfect — this is the best time to start. Rico explains everything in plain language, no assumptions, no jargon. You'll leave the conversation understanding exactly what you're doing and why.
How much should I be saving?+
The 50/30/20 rule targets 20% of take-home pay. In reality, start wherever you can — even 5% creates momentum. Rico will look at your budget and help you find a number that's realistic and sustainable.
Can I access my money if I need it?+
Depends on the account. TFSAs are fully accessible anytime — no penalty, no tax. RRSPs have withholding tax on withdrawals. GICs lock money for a term. Rico will make sure the investment type matches your need for flexibility.
What's a mutual fund?+
A mutual fund pools money from many investors to buy a diversified mix of stocks, bonds or other assets — managed by a professional. Instead of picking individual companies, you own a small piece of hundreds at once. Lower risk than individual stocks, higher potential return than a savings account.
Is Rico's consultation free?+
Yes, always. No pitch, no pressure. Rico will help you understand your options and find a starting point that works for your life. What you do next is entirely your call.

Start Today

Let's put your money to work.

Free consultation. No jargon. No pressure. Rico will show you exactly where to start — and how to build from there.

📅 Book a Free Chat See the Full Analysis →