Regardless of your income level, with careful long-term planning, you can accumulate enough savings to enjoy retirement. The most important considerations when planning for retirement are security, flexibility, and growth potential. We can help with expert advice and together, figure out the most affordable way for you to start investing in your future!

At NLCU, we offer compound interest, paid semi-annually. You get interest on your RRSP not once, but twice a year - that's interest on the interest. We call it "the snowball effect". Over time, your original investment can snowball into thousands of dollars more in interest. Let us help you turn your dreams of financial security into a reality. It doesn't take a lot to make a lot.

Key features

• Save more or retire earlier with semi-annual compounding benefit.
• Variable and Fixed Rate plans available.
• RRSP terms from 6 months to 7 years.
• Redeemable option available at time of investment.
• Secure investment with principal and interest guaranteed.
• Deposit insurance protection.

Ask for advice on getting a head start on next year's contribution with convenient monthly RRSP deposits. Contributing for a spouse also provides opportunities for income splitting when you retire. Ask for details.

Index-Linked RRSP Term Deposits

The beauty of these products is that they allow you to invest in stock markets without any risk to your principal. With no fees or commissions, your principal is guaranteed and you choose a fixed term of 3 or 5 years. Rate of return is calculated on the performance of the S&P/TSX.