If you've already consulted with your pension authority, you probably know what your pension will be. But what if you have more complicated financial needs? What if you have a combination of RRSPs, TFSAs, Non-Registered Funds and other investments -- and you want to figure out how they all fit together.
For Alberta School Board Employees, we also offer comprehensive retirement income projections.
These projections take into account factors like your RRIF payments, pension amounts and other investments and give you a clear indication of how long your money will last at different withdrawal levels. Using innovative software tools that are only available to professionals, it shows where your finances are today and where they are projected to be at any time in the future, based upon whatever set of economic assumptions you choose.
Of course, if you're just looking for simple (and free) retirement income projections, school board employees have access to some great online planning tools at SmarthPath NOW. For school board employees who are already part of the ASBE Group RRSP, you can also log in to GRS Access to access some projections based on the amount you've already contributed to your ASBE Group RRSP.
Contact us today for a detailed look at how your finances are sitting -- now and into the future!
Is having a steady stream of income important to you in retirement?
Preparing Your Investments for Retirement
As you approach Retirement, there are a couple of key steps that you probably want to take with your Registered Retirement Savings Plan (RRSP) and other investments