If you have been saving for your future through the Capital Group RRSP, you probably already have an idea of what you've saved up. But what if you have more complicated financial needs? What if you have a combination of RRSPs, TFSAs, Non-Registered Funds, a spousal pension and other investments -- and you want to figure out how they all fit together.
For people with more complicated financial needs, we also offer comprehensive retirement income projections.
Available on a fee for service basis, 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, Members of the Capital Group RRSP / TFSA have access to some great online planning tools at SmartPath Now. If you have a Capital Group RRSP from your organization, you can also log in to GRS Access to access some projections based on the amount you've already contributed to your Capital Group RRSP.
Contact us today if you're needing a more detailed plan for your retirement income.
Preparing Your Investments Retirement
As you approach Retirement, there are a few key steps that you probably want to take with your Registered Retirement Savings Plan (RRSP) and other investments
Is having a steady stream of income important in your retirement? An Annuity may be right for you.