Get more from life in retirement
Now that you're in retirement, an important element of your financial plan is to preserve what you've worked so hard to save.
You have options
We'll put a plan together that will help you gain the financial flexibility and confidence to sustain your income and live your life comfortably.
Your partner in retirement
A financial plan evolves with you.
Your Scotia advisor will stay connected with you to help you get the most out of your retirement savings.
Retirement investment strategies
Talk to your Scotia advisor about all the ways to invest so that you have enough to live comfortably in retirement.
Plans for preserving your retirement savings
Start planning today with the help of a Scotia advisor.
Tax-Free Savings Accounts (TFSA)
Earn up to $350 in value on an eligible TFSA & RRSP.‡
A TFSA is a great way to save for both short and long-term goals, with the flexibility to withdraw your money at any time without penalty.1
Products for preserving retirement savings
Build your plan by choosing from our most popular retirement products.
Savings Accelerator Account
Earn up to 4.05% interest until April 30, 2023 on new deposits in your eligible RRSP or TFSA with the Savings Accelerator Account.†
Earn a competitive interest rate on your money as it grows, with no monthly account fee. Available in registered2 and non-registered plans.
The Scotia Aria® Retirement Program
The only retirement program of its kind in Canada, with a customized investment approach designed for your stage in life. A $500 investment is all it takes to get started.
ScotiaFunds® Portfolio Solutions
Our Portfolio Solutions offer a diversified mix of mutual funds in the convenience of single investment to help you grow your savings while carefully managing risk. Whether you are seeking regular income or long-term growth, there’s a portfolio solution designed to help you achieve your goals.
Guaranteed Investment Certificates (GICs)
Earn up to 15,000 Scene+TM points on an eligible GIC.♢
A worry-free investment product that keeps your principal investment safe and has a guaranteed rate of return.
Get smarter with your money. Get Advice+
Investing for the future is important, but so is enjoying your life today. Get financial advice from Scotiabank that’s easy to understand, informative, and tailored to you. We’ll help you build a plan that fits your life.
Build a plan for your future with Scotiabank
Get personalized advice from our team of advisors and investment specialists across Canada.
Connect with us in a way that’s convenient for you. Scotia advisors are available in every branch to help you understand, plan, and execute the right financial plan.
Monitor your investments digitally with online and mobile banking. Our digital banking guides show you how to take care of your banking using your mobile phone, tablet, or computer.
The amount you withdraw can be put back into your TFSA starting the following year without impacting your contribution room. Specific product restrictions may also apply. Annual contribution limits: $5,000 for 2009-2012; $5,500 for 2013-2014; $10,000 for 2015; $5,500 for 2016-2018; $6,000 for 2019 – 2021.
For complete information on your contribution room, please visit the Canada Revenue Agency website.