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RESP - Investing for education
When it comes to creating a brighter future for your child, we’re with you every step of the way
A post-secondary education is one of the most important gifts you can provide to a child. Not only does it provide better career opportunities and self-confidence, it has far reaching economic benefits as well. According to recent census data, university graduates earn an average of $1 million more over their lifetimes than do high school graduates*.
Given recent trends, however, sending your loved ones to school may be easier said than done. Government funding to post-secondary education has declined over the years and Canadian students can no longer rely on assistance programs to get them through. A child born today may face education and living-expense costs of well over $100,000 for a standard four-year degree program by 2020*. Since few families can afford such substantial costs out-of-pocket, you will likely need a sound strategy for paying for your loved ones’ education at some point down the road.
To find out more about opening an RESP with Manulife Investments, please speak with your financial advisor.
*Higher Education and University: Empowering Canadians and Their Communities. Association of Universities and Colleges Canada
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#102, 9802 97 Avenue
Grande Prairie, AB
T8V 7K2
Bus: 780-532-4400
Toll Free: 800-654-3684
Fax: 780-539-6669
E-mail:
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Disclaimer:
- Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.
- Please read the fund's simplified prospectus before investing.
- Mutual fund securities are not guaranteed, their values change frequently and past performance may not be repeated.
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