1 / 11

Explore Various Sources of Retirement Income

Discover different sources of retirement income to secure your financial future. Plan highlights and advantages of your pension plan, immediate tax savings, and setting sail for the future assessment tool included.

marshallashley
Download Presentation

Explore Various Sources of Retirement Income

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Explore the Various Sources of Retirement Income Income at retirement (70% of IBR) Income before retirement (IBR)

  2. Explore the Various Sources of Retirement Income * Applicable rates as at January 2010

  3. Plan Highlights * Please refer to the "Plan highlights" document included in your enrolment kit

  4. Plan Highlights

  5. Plan Highlights

  6. Advantages of Your Pension Plan • Employer contribution • Immediate tax break • Very competitive management fees • Simple and effective investment solutions • Easy member access for information and assistance

  7. Advantages of Your Pension Plan Immediate tax savings! • Immediate tax savings! Difference of net salary after deduction of a $50 contribution:$35

  8. 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 Age (accumulation period) Estimated annual return of 6.5%

  9. Setting Your Retirement Needs • The "Setting Sail for the Future" software • Compass • A detailed assessment of your retirement savings needs

  10. You are now ready to review the third Port of call

More Related