Certainly, many baby boomers felt TFSAs were too little and too late for their purposes, although they would look with a certain amount of envy at millennials and young investors with a 40 -
year investing
time horizon ahead of them — indeed, many financial gurus have calculated that merely by maxing out TFSA contributions over such a
time frame, that alone would be
sufficient to ensure a comfortable retirement: no RRSP or employer pension plan contributions necessary!