RRSP Centre

• Self-Directed RRSP
• Deduction Limit
• Spousal RRSP
• Investment Options
• Investment Strategies
• RRSP Loans
• How Much Will I Need to Save?
• RRSP Maturity Options
• Annuities
• RRIFs
• Self-Directed RRIF
• How Much Income Will I Need?
• How Long Will My RRIF Last?
• Naming a Beneficiary
• Retirement Planning for Small Business Owners

RRSP Centre

Self-Directed RRSP

Advantages of Self-Directed RRSPs
The flexibility and choice offered by Self-Directed RRSPs make them very appealing. However, how do you decide which investments are right for you?

At BMO Nesbitt Burns, we will work with you to customize an RRSP investment program to meet your needs. Your Investment Advisor will design a plan based on the amount of income you will need to retire comfortably.

Self-Directed RRSPs offer you maximum investment flexibility with several other advantages.

Maximum Control & Flexibility
You may choose from a wide range of eligible investments including treasury bills, GICs, mutual funds, bonds, and common and preferred shares.

Potentially Higher Investment Returns
With the wide range of eligible RRSP investments available, you can often increase your return by one or two percent with only a marginal increase in risk.

Consolidated Reporting
Combining all of your RRSPs into a single Self-Directed plan means that you will receive one monthly statement summarizing your investments, the interest or dividends earned during the period, the current market value of your portfolio and your RRSP's foreign content. Plus, you will receive confirmations of every transaction.

Professional Advice and Service
BMO Nesbitt Burns Investment Advisors are highly trained investment professionals. Your RRSP will be regularly reviewed to ensure that it is properly positioned to take advantage of the ever-changing economic environment.

Your Investment Advisor will design a program based on your income requirements. A strategy will then be developed to help ensure that these needs are met. Your age, cash flow, current savings, risk comfort level and desired retirement lifestyle will all be taken into account before an investment program is implemented.

Using our sophisticated retirement planning software, your Investment Advisor can help you determine if your financial strategy is sufficient to meet your retirement goals. As well, access to high quality research from our top-ranked Research team* and an going supply of timely economic information and expert opinions is available to you and your Investment Advisor.

For more information, contact an Investment Advisor at a BMO Nesbitt Burns branch near you.

If you would like a BMO Nesbitt Burns Investment Advisor to contact you, simply complete this brief contact form.

* Brendan Wood International Survey. Institutional Equity Research, Sales and Trading Performance in Canada, 2006 Report.

Note: Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines.