22 - Wednesday, February 3, 1999 - North Shore News

Introducing a way you could doub
Not by taking more r

Introducing the Scotia High 5 plan.

The Scotia High 5 plani is based on a simple, disciplined,
- and proven way that can
increase the return on
your investments. Compared
to investing instinctively,
investing with the plan
can more than double the
potential long term vaiue
of your RRSP. And you don’t
have to be an MBA or an
accountant to take advantage
of it -anyone can do it.

| i Map outa
m8 long-term plan.

Bis

ym Contribute regularly.
pum Max out your RRSP
contributions.
ay. Diversify to improve
A retums and reduce risk.

| GQ Take full advantage of
| fl foreign content.

Map out a long-term plan.
Sounds obvious, doesn't it? But do you actuaily have one? Do
you know when you’re planning on retiring? How much you'll

need to live in the manner you want? How much you need to be

. Saving right now?

Ifnot, try the Scotia RRSP Reality Check” report. You can stop
into a branch and fill out a confidential questionnaire, or complete
it on-line at wwiuscotiabank.ca. The Reality Check report will give
you a pretty good indication of how much you need for retirement,
and perhaps more importantly, what you need to be doing now

to get there. |
|

Contribute regularly.

Did you know that if you make a monthly contribution to your
RRSP, 2s opposed to a last-minute
contribution, you can come out
thousands of dollars ahead after
30 years? You've invested exactly
the same amount—except that
with regular contributions, you're
- miles ahead. And the earlier you
start, the bigger the difference.

Making regular monthly contributions also makes sure that
you do, in fact, contribute. It’s all too easy at the end of the
year—with all the good intentions in the world —to discover that
the RRSP money has gone into the house or something the kids
needed or just other priorities.

That’s why we offer the Scotia Hands Off" Account. All you do

$56,676

See the difference contributing regularly can make?

Look after all your RRSP needs by phone.

1800 528 3211

www.scotiabank.ca

is tell us how much should be automatically deposited into your
Scotiabank RRSP from your account (at any bank). You don’t see
the money. You don’t spend it. You don’t miss it.

Max out your RRSP contributions.

We can't emphasize the importance of this enough. The RRSP
is the single most powerful investment tool available to Canadians

-for retirement savings. You not only defer taxes when you put | |

money into your RRSP, but the growth generated by that money. j
is tax sheltered. You pay taxes only when that money is taken out §
(and even then, at what are often much lower rates).

We know it’s not always easy to stay caught up, but i
you've got unused contribution room in your RRSP, either from
previous years, or maybe just because money is tight this year, we
have a simple solution. It’s called the Scotia RRSP Catch-Up” loan,

. and it actually pays you back.

®@Registered trade-mark of The Bank of Nova Scotia." Trade-marks of The Bank of Nova Scotia. These graphs are for illustration purposes only and are based on two sample i
please pick up our Scotia High 5 pian brochure available in the branch or on the Internet. tMonthly contributions made at beginning of each month. Annual contributions
Scotia Securities Inc, a wholly owned subsidiary of The Bank of Nova Scotia. ** Canadian Business, Sept. 25, 1998. Ratings produced for Canadian Business by Fundscope, an investi