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Page 6, SaturdaY, May 3,1997 WHT IIrFRE>RS e dito n5 l' We're back. Beginning today, the Whitby Free Press returns to weekly publication - with a few differences. .Those differences will be ini largely our behind- the-scenes processes. Our new computer system, our new electronic production, our state-of-the-art photo process -ail will be invisible until you visit our offices at 900 Hopkins St. The most visible change has to be our publ ication day. For twenty-five years we j oined most weekly newspaprs with a Wednesday edition. But the shopping patterns and the needs of readers and advertisers have changed radically in that past quarter century. That Wednesday pay-day, Thursday shopping day belonged to an earlier, industrial society, before the informationi age, before Sunday shopping and entertainment. So we now corne to you when you have the time to enjoy your weekend leisure in what we bel ieve to be on e of the best communities in the Greater Toronto Area. What will remain the same, or be improved by our use of new technology, will be our emphasis on local news. We will continue to be the only newspaper published in Whitby, for Whitby, by Whitby residents. Whitby with'us is not a sideline, but our reason for being. So we will continue to provide a weekly diet of who is doing what in Whitby, what events are affecting Whitby residents and a useful list of coming evenis in and around Whiîby. We will continue 10 track issues important to Whiîby residents, and present these in a regular featutres/focus page opposite our editorial page. Our editorial page will continue to be a sounding board for our readers. We feel firmly that sincere discussion by informed citizens is essential to the.building of community. We will also attempt to provide leadership in some of these issues. That means taking a stand, although that will neyer be done inf a way to stifle debate. And what do we believe in? First, Whutby. We think it is a great place to live, to play, to work. Second, we believe in Whiiby residents. Our first aimn is 10 be the plaîform through which you can learn ail about accomplishments of your neighbors. But our main message for readers is simple: wc want to hear from you. We want to present as complete a summary of community events as possible. Let us share with other readers your accomplishments, and those of your children and your neighbors. If you are involved in a communiîy organizations, we would lîke to meet you. If you have vicws on local issues, share those views with the community through our letters to the- The only Newspaper owned and operated by Whîtby residents for Whitby residents! Begin RRSP as soon as you can Procrastiîîation fis tlie single biggest cause of low retire- nienit inconie. Begin RRSP contributions as soon as possible. The more contributions, dic larger die value of your RRSP ai retiremnent. Thîe cost of procrastination cati Uc significant. For cxamn- pie. if you hegii nakingy aniual contributions of $3,500 at , ge 25ind cariicd a return of 12% per ycar. your RS LETTERS The Whiîby Free Press invites readers 10 join in the debate our local issues ihrough the letters to the editor column. Letters on any topic are wclcome. Length of letters will, of course, Uc partly determincd by the subjeet, but the best length for publication and readership will be under 300 words. Leiters may normally be carried on their usual spot on the Editorial Page. Wc ai the Frce Press believe that discussion of local issues is essential t0 the functioning of a dcmocracy. We do retail the right 10 cdii Iciters for lengil, tasie, and legal proprieiy. If you have access to e-mail on the Internet you can forward Ictiers dircctly 10 the Free Press ai WFPletters @aol.com. Othcrwise you could fax letters 10, us ai 668-0594, or even scnd îhcm by post 10 us ai 900 Hopkins St. Whiiby LIN 5SI. Publisher: Doug Anderson Editor: Bill Swan Production by: Media Creations, Xavier & Associates Published every Saturday by 1220501 Ont. mnc. 900 Hopkins St. Box 206, Whitby, Ontario Li N 5S1 Phone 668-6111 Fax 668-0594 w0uld he wo<rth $2,684 at age 65. Howevcr, if you wait 10 year-s bel'ore stariing your aninual contributions ($3,500 Per vear a t 12 ( return), il vill1 Uc wortlu $844,000 ai, age 65, a (Iif1erence of over $1 .800.00. Let*s l<)wer die rate 10 8% per year. A 25 year old con trb- tiiiing $3.500 10 age 65 would aniass $906,698. Starhing ai Il ge35 lie or slie would accunîulate $396.49 1. li' tie investor i'ailed unifil 45 to start, [lie RRSP would grow 10 only $160. 167. The magic of conîpoundiiig lias an almost unbe- lieva hie elïect on tie value of an iuivcstinent. Chie las( cxainple. Assumie there arc two itivestors. Ms. Earlyv and Mr. Pokey. Ms. Early decides at age 25 10 inivest $3 .0 v ear 111(C) an RRSP. Slic continues 10 iiivcst $3,000 ,amnnially fiUr dic nexit ive years aund Ilîci for souie unkuîowvn r*esoni stops c<)itributiuig, but Icaves dic RRSP intact. Mr. Pokey doesnî' start investing in Ilus RRSP uuîtil lie is 3 1. From agje 3110o age 65 lie makes anuîual contributions of $3.000 to lis RRSP. Bodli investors hiave picked similar inivcstnîcnîisxvlticlî provide anl animual return of 12%. Wliosc RRSP (1<) vou tink will Uc worth more at agc.65 (remember MIs. Eai-ly lias nmade a total of 6 investmenits of $3.000, wifle Mr. Pokev lias mnade a total of 35 aniual in"stmcnts of $3.000)'? f vou gucssed Mr. Pokey, you'rc riglit. Howcver. dic différence is surprisingly sinall, only $ 10,700 (Ms. Eîrly= $ 1.439.689 anid Mr. Pokey = $1.450,389), whicli empliasizes [lie importance of starting your RRSP contributions early. li's iîver bo laie 10 hegin a good plan. Call our tinancial plamîner today 10 lind out Iîow you cati gel started. Perek I)uika is a Financial consultanti in O(haia. MEMBER 0F: CjNA Canadian Community Ontario Community. Newspaper Association CONTROLLED Newspaper Associationl The Whitby Free Press is distributed free to 99% of the homes in Whitby, Brooklin, Ashburn & Myrtie as weIl as numerous public and commercial outets in Whitby, Oshawa, Ajax and Pickering 28,000 COPIES DELIVERED WEEKLY MAIL SUBSCRIPTIONS AVAILABLE Canada $36 + GST - Outside Canada $85 + GST 1 Umm