Why pensions are so key for retirement planning.
Pension offer clients security for retirement. How would you like to:
know exactly how much you have in retirement.
know that markets will not effect your income
know you can sleep at night knowing you money is coming into a bank account of your choice
In Canada we have an investment called a Guaranteed Minimum Withdrawal Benefit, that is RRSP, TFSA and Non reg eligible. A GMWB can some those problems for you in retirement. We can show you exactly how much you will have going into retirement. We can show you what your payout will be, and it will pay you as long as you are alive. On top of that you can assign a beneficiary to collect any proceeds.