Retirement Planning Tools
There are a number of tools we use to help you make sure you do not run out of money in your retirement
Are you prepared for a long retirement?
This planning tool allows us to optimize the various financial assets you hold, be they mutual funds, segregated funds, annuities, pensions, GICs and cash as well as the CPP and OAS government benefits. You add your personal goals and objectives as you use this tool.
Visit this link and determine your own Retirement Sustainability Quotient.
We are living longer, which means funding for our retirement has become a larger problem. Fewer and fewer companies are offering lifetime guaranteed pensions and so most people today are saving through personal savings and RRSPs.
The objective in planning for your retirement is to ensure that you have a dependable stream of income guaranteed for the rest of your life.
There are 2 products other than an annuity which will allow you to create your own personal guaranteed income for life, while always retaining access to your money.
This product is for the client over age 50, has invested in GICs primarily, is concerned that interest rates on GICs will not provide sufficient income, is conservative and does not want to experience market volatility but does want to establish a guaranteed lifetime income.
Find out about the PensionBuilder
This product is for the client over age 50, who also wants to establish a guaranteed lifetime income, but has been invested in equities as well as GICs and would like some portion of their assets to remain in the market.