Money For Life

Money For Life

According to the 2014 Sun Life Canadian Unretirement Index, Canadians have an appetite for guaranteed lifetime income.

Money For Life

According to the 2014 Sun Life Canadian Unretirement Index, Canadians have an appetite for guaranteed lifetime income.

97% OF RESPONDENTS SAY IT IS EITHER:

Money For Life

According to the 2014 Sun Life Canadian Unretirement Index, Canadians have an appetite for guaranteed lifetime income.

97% OF RESPONDENTS SAY IT IS EITHER:

70% VERY IMPORTANT

Money For Life

According to the 2014 Sun Life Canadian Unretirement Index, Canadians have an appetite for guaranteed lifetime income.

97% OF RESPONDENTS SAY IT IS EITHER:

70% VERY IMPORTANT

27% SOMEWHAT IMPORTANT

Money For Life

There used to be only two ways to provide lifetime income

There used to be only two ways to provide lifetime income

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an income

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an incomeYou become part of a pool

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an incomeYou become part of a pool

You can’t run out of income

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an incomeYou become part of a pool

You can’t run out of incomeYou can’t change your mind

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Buy A Life Annuity

Do It On Your Own

You spend your capital to buy an income

You keep your capital but you could run out

You become part of a poolYou can’t run out of incomeYou can’t change your mind

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an income

You keep your capital but you could run out

You become part of a poolYou can’t run out of income

There is now a third way

You can’t change your mind

Buy A Life Annuity

There used to be only two ways to provide lifetime income

Do It On Your Own

You spend your capital to buy an income

You keep your capital but you could run out

You become part of a poolYou can’t run out of income

There is now a third way

You can’t change your mind

GLWB

Buy A Life Annuity

What is a GLWB

What is a GLWBGuaranteed

What is a GLWBGuaranteed

Lifetime

What is a GLWBGuaranteed

LifetimeWithdrawal

What is a GLWBGuaranteed

LifetimeWithdrawal

Benefit

What is a GLWB

Guaranteed Income For Life

GuaranteedLifetime

WithdrawalBenefit

GLWBYou have a guaranteed lifetime income

GLWBYou have a guaranteed lifetime income

You have access to your capital

GLWBYou have a guaranteed lifetime income

You have access to your capital

You can take out all or a portion of your capital

GLWBYou have a guaranteed lifetime income

You have access to your capital

You can take out all or a portion of your capital

You remain invested so you can earn market returns

GLWBYou have a guaranteed lifetime income

You have access to your capital

You can take out all or a portion of your capital

You remain invested so you can earn market returns

What If?

What Happens If ?

What Happens If ?The Investment Grows ?

What Happens If ?The Investment Grows ?

The Investment Shrinks?

What Happens If ?The Investment Grows ?

The Investment Shrinks?

You Want To Put More Money In?

What Happens If ?The Investment Grows ?

The Investment Shrinks?

You Want To Put More Money In?

You Want To Take Some Extra Money Out?

What Happens If ?The Investment Grows ?

The Investment Shrinks?

You Want To Put More Money In?

You Change Your Mind and Want To Cancel ?

You Want To Take Some Extra Money Out?

What Happens If ?The Investment Grows ?

The Investment Shrinks?

You Want To Put More Money In?

You Change Your Mind and Want To Cancel ?

You Die?

You Want To Take Some Extra Money Out?

What Happens If The Investment Grows ?

What Happens If The Investment Grows ?

Your Income Increases

What Happens If The Investment Grows ?

Your Income Increases

Your Guaranteed Base Resets Every 3 Years

What Happens If The Investment Grows ?

Your Income Increases

Your Guaranteed Base Resets Every 3 Years

What Happens If The Investment Shrinks ?

What Happens If The Investment Grows ?

Your Income Increases

Your Guaranteed Base Resets Every 3 Years

What Happens If The Investment Shrinks ?

Your Income Remains The Same

What Happens If The Investment Grows ?

Your Income Increases

Your Guaranteed Base Resets Every 3 Years

What Happens If The Investment Shrinks ?

Your Income Remains The Same

Your Income Could Come From Insurance

What If You Want To Put More Money In?

What If You Want To Put More Money In?

Additional Deposits are Allowed Prior To Age 85 ($50.00 Minimum).

What If You Want To Put More Money In?

Additional Deposits are Allowed Prior To Age 85 ($50.00 Minimum).

Additional Deposits will Increase Income.

What If You Want To Put More Money In?

What If You Want Some Extra Money Out?

Additional Deposits are Allowed Prior To Age 85 ($50.00 Minimum).

Additional Deposits will Increase Income.

What If You Want To Put More Money In?

What If You Want Some Extra Money Out?

Additional Deposits are Allowed Prior To Age 85 ($50.00 Minimum).

Additional Withdrawals are Allowed. Withdrawals Will Reduce Guarantees Proportionally.

Additional Deposits will Increase Income.

What If You Change Your Mind and Want To Cancel ?

What If You Change Your Mind and Want To Cancel ?

You Can Cancel Your Contract And Receive The Market Value At Any Time.

What If You Change Your Mind and Want To Cancel ?

You Can Cancel Your Contract And Receive The Market Value At Any Time.

There May Be A Surrender Charge (3% or Less) In The First 3 Years

What If You Change Your Mind and Want To Cancel ?

What If You Die?

You Can Cancel Your Contract And Receive The Market Value At Any Time.

There May Be A Surrender Charge (3% or Less) In The First 3 Years

What If You Change Your Mind and Want To Cancel ?

What If You Die?

You Can Cancel Your Contract And Receive The Market Value At Any Time.

There May Be A Surrender Charge (3% or Less) In The First 3 Years

The Death Benefit Is Guaranteed To Equal What You Put In Less What You Received.

What If You Change Your Mind and Want To Cancel ?

What If You Die?

You Can Cancel Your Contract And Receive The Market Value At Any Time.

There May Be A Surrender Charge (3% or Less) In The First 3 Years

The Death Benefit Is Guaranteed To Equal What You Put In Less What You Received.

The Death Benefit Resets Every Three Years If The Market Value Exceeds The Previous Guarantee.

Cost Of Guaranteed Lifetime Withdrawal Benefit

Cost Of Guaranteed Lifetime Withdrawal Benefit

Currently 1.0% to 1.25 % per year

Cost Of Guaranteed Lifetime Withdrawal Benefit

What Do You Get For Less Than 2%

Currently 1.0% to 1.25 % per year

Cost Of Guaranteed Lifetime Withdrawal Benefit

What Do You Get For Less Than 2%

Predictable lifetime income

Currently 1.0% to 1.25 % per year

Cost Of Guaranteed Lifetime Withdrawal Benefit

What Do You Get For Less Than 2%

Predictable lifetime income

Potentially increasing income

Currently 1.0% to 1.25 % per year

Cost Of Guaranteed Lifetime Withdrawal Benefit

What Do You Get For Less Than 2%

Predictable lifetime income

Potentially increasing income

Sustainable income stream

Currently 1.0% to 1.25 % per year

Cost Of Guaranteed Lifetime Withdrawal Benefit

What Do You Get For Less Than 2%

Predictable lifetime income

Potentially increasing income

Sustainable income stream

Tax preferred non-registered income

Currently 1.1 % per year

DISCLAIMER

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

DISCLAIMER

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

Brian Penston

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C., CFP

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C., CFP

Phone: (204) 633-7353 Email: bpenston@mts.net

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

Thank You!

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C., CFP

Phone: (204) 633-7353 Email: bpenston@mts.net

There Are Several Insurance Companies Now Marketing Guaranteed Lifetime Withdrawal Benefits. The Contracts Are Very Similar Yet Not Identical. The Descriptions Given Here Have Been Selected From The Marketing Material Provided By Various Companies and May Not Be Accurate For All Companies.

I Refer To My Work Here As Research. Others Might Call It Plagiarism.

DISCLAIMER

Thank You!

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C., CFP

Phone: (204) 633-7353 Email: bpenston@mts.net