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Explore the Various Sources of Retirement Income. Income at retirement (70% of IBR). Income before retirement (IBR). Explore the Various Sources of Retirement Income. * Applicable rates as at January 2010. Plan Highlights.
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Explore the Various Sources of Retirement Income Income at retirement (70% of IBR) Income before retirement (IBR)
Explore the Various Sources of Retirement Income * Applicable rates as at January 2010
Plan Highlights * Please refer to the "Plan highlights" document included in your enrolment kit
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
Advantages of Your Pension Plan Immediate tax savings! • Immediate tax savings! Difference of net salary after deduction of a $50 contribution:$35
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%
Setting Your Retirement Needs • The "Setting Sail for the Future" software • Compass • A detailed assessment of your retirement savings needs
You are now ready to review the third Port of call