What is a mutual fund? <ul><li>A  mutual fund  is a professionally managed type of investment that pools money from many i...
What is SWE+? <ul><li>Mutual Fund </li></ul><ul><li>+ </li></ul><ul><li>Insurance Contract </li></ul>
What does SWE+ provide? <ul><li>Principal Guarantee </li></ul><ul><li>Income Guarantee </li></ul><ul><li>5% Bonus (Income ...
Guaranteed Minimum Withdrawal Benefit is a  $8 billion market  and growing fast Guaranteed Minimum Withdrawal Benefit is a...
Index Review <ul><li>TSX -13.58% </li></ul><ul><li>S&P 500 -14.13% </li></ul><ul><li>DOW -11.03% </li></ul><ul><li>MCSI -2...
You insure all your major assets: Your life Your home Your cars, boats, etc . But what about your retirement income?
Longevity risk:   How long will my money last when I retire? Inflation risk:   What will a dollar buy me in 20 years? Mark...
Probability that a 65 year old will live to… Longevity Risk
Inflation Risk Purchasing Power in 20 years… 1% inflation 2% inflation 4% inflation $0.82 $0.67 $0.45
Market Risk - Effect on Longevity Different order – Different outcome Assumes $100,000 portfolio subject to $750 monthly w...
Retirement Risk Zone
What you can do about it
Sources of Income <ul><li>Bonds  &  GICs  – provide  safety  and a predictable income, but no growth </li></ul><ul><li>Equ...
Retirement Income <ul><li>  You will need  60% to 70%  of your current earnings  during retirement </li></ul><ul><li>Gover...
Benefits <ul><li>Sun Wise  Elite Plus provides </li></ul><ul><li>predictable  </li></ul><ul><li>sustainable </li></ul><ul>...
Choose from two options <ul><li>Sun Wise  Elite Plus provides two options  </li></ul><ul><li>to meet your needs </li></ul>...
Certainty before you retire Guaranteed income protection for pre-retirees Portfolio Value
Possibility of income growth Guaranteed income protection with automatic resets Portfolio Value
Income for Life Guaranteed income protection for retired investors Portfolio Value
Guaranteed RRIF payments for life Guaranteed income protection provides RRIF for life
Under any market conditions Regardless of market performance
Guaranteed Retirement Income Sun Wise  Elite Plus can help “Fill the Gap” Core 6 Expenses $24,000 H,H,F,C,T,T Secure Incom...
Sun Wise  Elite Plus can help “Fill the Gap” <ul><li>$240,000 @ 5% = $12,000 </li></ul><ul><li>Core 6 Expenses $24,000 </l...
Investment Options Investment  choice with leading portfolio managers
CI Support
<ul><li>“ Personal Pension Plan” characteristics </li></ul><ul><li>Choose when to start receiving income </li></ul><ul><li...
Summary <ul><li>Existing Sun Wise  Elite Platform </li></ul><ul><li>54 funds including Portfolio Series </li></ul><ul><li>...
<ul><li>Sun Wise  Elite Plus </li></ul><ul><li>rethinks retirement planning  </li></ul><ul><li>and helps brings financial ...
Thank You
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Guaranteed Income for Retirement

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rethinking retirement

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  • Sun Wise Elite Plus – Rethinking Retirement Planning Welcome to this seminar on Sun Wise Elite Plus – a new way to think about retirement planning. Sun Wise Elite Plus is not just an investment. It marries the growth potential of mutual funds with the protective features of an insurance contract. It also has a new feature, the Guaranteed Minimum Withdrawal Benefit or GMWB, to help provide a predictable, sustainable, guaranteed income for your retirement. Now investors can have the security of knowing they’re going to have the guaranteed income they need during retirement – without giving up the potential for growth.
  • Guaranteed Income for Retirement

    1. 2. What is a mutual fund? <ul><li>A mutual fund is a professionally managed type of investment that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities. </li></ul>
    2. 3. What is SWE+? <ul><li>Mutual Fund </li></ul><ul><li>+ </li></ul><ul><li>Insurance Contract </li></ul>
    3. 4. What does SWE+ provide? <ul><li>Principal Guarantee </li></ul><ul><li>Income Guarantee </li></ul><ul><li>5% Bonus (Income Guaranteed to grow by 5% per year) </li></ul><ul><li>Potential for Growth when Markets Rebound </li></ul><ul><li>Estate Benefits </li></ul>
    4. 5. Guaranteed Minimum Withdrawal Benefit is a $8 billion market and growing fast Guaranteed Minimum Withdrawal Benefit is a $600 billion market and growing faster! Success in Canada & USA
    5. 6. Index Review <ul><li>TSX -13.58% </li></ul><ul><li>S&P 500 -14.13% </li></ul><ul><li>DOW -11.03% </li></ul><ul><li>MCSI -20.81% </li></ul>
    6. 7. You insure all your major assets: Your life Your home Your cars, boats, etc . But what about your retirement income?
    7. 8. Longevity risk: How long will my money last when I retire? Inflation risk: What will a dollar buy me in 20 years? Market risk: Will a drop in the market set me back? Retirement Risks
    8. 9. Probability that a 65 year old will live to… Longevity Risk
    9. 10. Inflation Risk Purchasing Power in 20 years… 1% inflation 2% inflation 4% inflation $0.82 $0.67 $0.45
    10. 11. Market Risk - Effect on Longevity Different order – Different outcome Assumes $100,000 portfolio subject to $750 monthly withdrawals Return Sequence (%) +7 +7 +7 +7 -13 +27 -13 +7 +27 +27 +7 -13 Age money is depleted 86.5 83.3 81.1 94.9 Source: Milevsky & Salisbury, September 2006 +/- months -38 -65 +101
    11. 12. Retirement Risk Zone
    12. 13. What you can do about it
    13. 14. Sources of Income <ul><li>Bonds & GICs – provide safety and a predictable income, but no growth </li></ul><ul><li>Equity investments – provide growth , but come with risks </li></ul><ul><li>SWE+ provides benefits of both! </li></ul>
    14. 15. Retirement Income <ul><li> You will need 60% to 70% of your current earnings during retirement </li></ul><ul><li>Government benefits cover 40% of the average wage </li></ul><ul><li>Less than 40% of Canadians have a company pension plan. </li></ul>
    15. 16. Benefits <ul><li>Sun Wise Elite Plus provides </li></ul><ul><li>predictable </li></ul><ul><li>sustainable </li></ul><ul><li>guaranteed income for life </li></ul><ul><ul><li>by eliminating market and longevity risks, </li></ul></ul><ul><ul><li>and mitigating inflation risk </li></ul></ul>
    16. 17. Choose from two options <ul><li>Sun Wise Elite Plus provides two options </li></ul><ul><li>to meet your needs </li></ul><ul><li>For those who need income after age 65 – income for life that is guaranteed never to decrease. </li></ul><ul><li>For those who need income before age 65 – a 5% annual return of principal for a minimum of 20 years </li></ul>
    17. 18. Certainty before you retire Guaranteed income protection for pre-retirees Portfolio Value
    18. 19. Possibility of income growth Guaranteed income protection with automatic resets Portfolio Value
    19. 20. Income for Life Guaranteed income protection for retired investors Portfolio Value
    20. 21. Guaranteed RRIF payments for life Guaranteed income protection provides RRIF for life
    21. 22. Under any market conditions Regardless of market performance
    22. 23. Guaranteed Retirement Income Sun Wise Elite Plus can help “Fill the Gap” Core 6 Expenses $24,000 H,H,F,C,T,T Secure Income $12,000 OAS, CPP “The Gap” $12,000
    23. 24. Sun Wise Elite Plus can help “Fill the Gap” <ul><li>$240,000 @ 5% = $12,000 </li></ul><ul><li>Core 6 Expenses $24,000 </li></ul><ul><li>H,H,F,C,T,T </li></ul><ul><li>SWE+ $12,000 </li></ul><ul><li>Secure Income $12,000 </li></ul><ul><li>OAS, CPP </li></ul><ul><li>“ The Gap” $0 </li></ul>
    24. 25. Investment Options Investment choice with leading portfolio managers
    25. 26. CI Support
    26. 27. <ul><li>“ Personal Pension Plan” characteristics </li></ul><ul><li>Choose when to start receiving income </li></ul><ul><li>Guaranteed Income for Life </li></ul><ul><li>Tax-efficient for Non-Registered Accounts </li></ul><ul><li>Access to savings at any time. </li></ul>Client Benefits
    27. 28. Summary <ul><li>Existing Sun Wise Elite Platform </li></ul><ul><li>54 funds including Portfolio Series </li></ul><ul><li>Not just balanced funds: up to 90% equity </li></ul><ul><li>Income for Life at age 65 </li></ul><ul><li>Deferral Option- allowing clients to carry forward unused withdrawal amounts </li></ul><ul><li>3 Maturity & Death benefit options </li></ul>
    28. 29. <ul><li>Sun Wise Elite Plus </li></ul><ul><li>rethinks retirement planning </li></ul><ul><li>and helps brings financial certainty </li></ul><ul><li>to your retirement </li></ul><ul><li>with guaranteed income for life. </li></ul><ul><li>So you can enjoy the long vacation </li></ul><ul><li>to the fullest </li></ul>
    29. 30. Thank You

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