FACT: Market growth was flat for three years, March 1, 2011 to March 1, 2014 (S&P/TSX Composite Index).
REALITY: An RRSP worth $500,000 March 01, 2011 could have recovered to $500,000 by March 01, 2014, after a three year Roller Coaster ride, IF you did not flee to the Money Market in the Fall of 2011, where interest rates remain at all-time lows. Taking the RRIF Minimum would provide $20,000 to an Age 65 retiree.
SOLUTION: GUARANTEED LIFETIME INCOME After three years in our retirement solution, even with zero growth, you could enjoy a guaranteed benefit base of $575,000, and the GUARANTEED annual lifetime income would be $23,000, with the potential for increase.
RESULT: 15% MORE ANNUAL INCOME, GUARANTEED.