|
Life Investment
The life investment provides a secure periodic retirement income, which
you receive during your lifetime. Volatile stock markets and low short-term interest rates make it a wise
choice. It is important to be able to pay your fixed expenses throughout your life. The life investment
is the ideal investment to reach this goal risk-free.
 |
Who is the life investment intended for?
|
 |
For anyone who wants to convert a portion of their RRSP into
a guaranteed fixed income within a RRIF. |
|
Features and Advantages
|
At a time when life expectancy is constantly growing, it is essential to ensure that your retirement fund not be
depleted during your lifetime. The life investment is the ideal way to prevent this from happening.
In addition :
|
This income is integrated into the calculation of the mandatory
minimum withdrawal; |
|
There is no risk of depleting the capital during your lifetime;
|
|
Your periodic income is guaranteed for life;
|
|
It is redeemable (surrender fees may apply);
|
|
The life investment floor capital option gives you the possibility of leaving an inheritance;
|
|
The Ecoflex RRIF enables you to continue to take advantage of the potential return of the stock
markets through multiple investment options available within your contract.
|
|
Investment Options
|
The life investment provides an income for as long as you live. It contains several options :
|
refund of capital or refund of the floor capital; |
|
indexed (the amount paid increases periodically according to a set percentage);
|
|
enhanced (a life investment based on your state of health).
|
|
