Planning for the education of your children, grandchildren, nieces, or nephews is often of particular importance to many. We can discuss various planning strategies for their education, including the Registered Education Savings Plan (RESP), which grows tax-sheltered and benefits from government grants.
We also recognize the importance of helping develop financial literacy among our clients and their families. The RBC WM Financial Literacy (FL) program aims to help the younger generation develop the knowledge and skills needed to manage both the growth and preservation of their wealth. The program includes a series of financial education tools structured around four areas:
- Income and savings;
- Basics of estate planning;
- Investment;
- Advanced planning.
All have been designed to provide the necessary resources to build financial independence and confidence. It's never too late or too early to start.
We invite you to contact us for more information about education planning and the RBC Financial Literacy Program.
