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Millennials clueless about retirement savings plans

Almost a third (32%) of millennials admit they are “not at all knowledgeable” about retirement savings plans (RSPs), according to new survey by TD.

The survey found that only 50% of those aged between 18-33 know that the money in an RSP can help to purchase their first home and just 28% know RSP funds can help pay for full-time education or training as a mature student.

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