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Group Retirement Savings Plan for the Employees of

Group Retirement Savings Plan for the Employees of. Setting Sail for the Future. Define your Retirement Objectives. Projects Dreams _______ _______ _______. At what age?. The Ideal Age for Canadians. … 58 years of age !. Source : Desjardins Financial Security Retirement Survey.

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Group Retirement Savings Plan for the Employees of

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  1. Group Retirement Savings Plan for the Employees of

  2. Setting Sail for the Future

  3. Define your Retirement Objectives • Projects • Dreams • _______ • _______ • _______ At what age?

  4. The Ideal Age for Canadians … 58 years of age ! Source : Desjardins Financial Security Retirement Survey Source : Actuariel assumptions calculated by Desjardins Financial Security …and what is your ideal age ?

  5. How much will you need for a comfortable retirement? A detailed budget or The 70 % rule

  6. Explore the various sources of income at retirement Income at retirement (70% of IBR) Income before retirement (IBR) 8

  7. Plan Highlights

  8. Plan Highlights

  9. Plan Highlights

  10. Advantages of your Pension Plan • The company contributes on your behalf • Payroll deductions reduce your taxable income • Wide selection of funds to choose from • No minimum or maximum investment per fund • Easy member access to information and assistance

  11. Start Early and Accumulate More ! Contribution of $2 000 annually or $5.50 per day Time is on your side…

  12. Time is on your Side! 126% more in savings ! Accumulated value at retirement • Investment of $20 x 52 weeks x 40 years • Investment of $40 x 52 weeks x 20 years Accumulation period * Estimated annual return of 6.5%

  13. A Three-Step Approach • Fill out the questionnaire • Determine your investor profile • Choose your investments

  14. Determine your Investor Profile * Identify your risk tolerance • Secure • Moderate Balanced Growth Energetic Speculative * Questionnaire available on our Participant Services Web site or in your Enrolment kit

  15. Choose your Investments * Based on your investor profile… or * Refer to the "My Investment Funds" document to know the options applicable to your plan

  16. Your investor profile Your age Your path towards retirement Select a Lifecycle Path Secure Path Automatic evolution of investments Quarterly rebalancing

  17. Pre-determined asset allocation Multi-management 20/80 Fund Multi-management 35/65 Fund Multi-management 50/50 Fund Multi-management 65/35 Fund Multi-management 80/20 Fund Multi-management 100 Fund Select your Funds

  18. Select your Funds

  19. Returns: Short Term vs. Long Term • The damage created by a market downturn is temporary if you stay invested! For your retirement, focus on long term returns

  20. Setting Sail for the Future Education CentreGuidance & support in planning your retirement • Human touch services • Specialized agents Setting Sail for the Future Phone line • Transactional services • Changes to your plan • Assistance on choice of • investments

  21. Setting Sail for the Future Education CentreGuidance & support in planning your retirement Participant Services Web site • Complete array of dynamic tools to help you plan your retirement www.dfs.ca/participant • Simple and complete transactional services • Information on your account • Changes to your plan

  22. Setting Sail for the Future Education CentreGuidance & support in planning your retirement Communication tools for participants • Enrolment kit • Setting Sail for the Future newsletter • Statement • Investment Info bulletin • Targeted • Integrated • User-friendly

  23. Participant Statement • Account summary • Asset allocation • Investment directions • Personalized rate of return

  24. Review your Action Plan

  25. Thank you!

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