Will you have enough retirement income to fulfil your dreams?
Today, many of us are living longer and retiring sooner, so it’s important to know that there will be an adequate and constant income flow available when we retire.
To retire comfortably, it is suggested roughly 70% or more of your pre-retirement income should be targeted as your annual retirement income. However, current law limits annual registered retirement savings plan (RRSP) contributions, and these limitations may result in a significant shortfall in retirement income.
Now, you can supplement your retirement income, and pay no taxes on the supplementary amounts, using the Retirement Enhancer strategy.
What is Retirement Enhancer?
Retirement Enhancer is a strategy to help you accumulate funds on a tax-deferred basis and use that accumulation in the future to access additional funds to supplement retirement income that will not be subject to income tax.