Tax-Free Pensions
Over 60% of Canadians do not have a pension plan through their employer. As a result, the majority of Canadians are responsible for taking charge of their own retirement savings. Registered Retirement Savings Plans (RRSP) provide many benefits for saving for retirement, however they do not provide any guarantees with regards to the level of income which can be provided in retirement. One's retirement income from an RRSP is dependent upon the total contributions to the plan as well as the investment performance over time.
Poor market performance in the years leading up to retirement can wipe out years of savings and can leave many retirees with lower retirement incomes than perhaps they anticipated.
To compliment savings within an RRSP, we have developed a strategy to generate a guaranteed income in retirement which is completely tax-free. Regardless of market performance, you can approach retirement with confidence, knowing that your retirement income is secure & tax-free.
To learn more about this exciting strategy, please contact us.
