Savings & Investments
Income Benefits
This retirement savings solution can provide a predictable and sustainable, guaranteed stream of income upon retirement with growth potential to help keep pace with inflation.
About Income Benefits
This retirement savings solution can provide a predictable and sustainable, guaranteed stream of income upon retirement with growth potential to help keep pace with inflation.
With all those retirement planning acronyms out there like RRSP, RRIF, LIB and TFSA swirling around like autumn leaves, it’s not easy planning for retirement – unless you’re working with a Life100 advisor.
Another savings and retirement income tool to consider is guaranteed lifetime income benefits. This retirement savings solution can provide a predictable and sustainable, guaranteed stream of income upon retirement with growth potential to help keep pace with inflation.
Income benefits and other retirement saving strategies in Canada
At Life100, we can help you develop a comprehensive and customized retirement savings plan based on your unique needs, in Toronto, Brampton, Ajax, Markham or anywhere in the Greater Toronto Area.
Speak with a Life100 advisor today to discuss your life goals, and together we can develop a plan that considers all your options, taking into account how each product interacts with each other to maximize your retirement income benefits.
How Life100 places it
Your advisor puts the carriers on our panel side by side and explains the trade-offs in plain terms.
Advice and quotes are free. You only pay a premium once you decide to go ahead.
Your advisor reviews the plan as your circumstances change, not just on the day you sign.
Also in Savings & Investments
People often look at these together
Tax-Free Savings Account (TFSA)
A Tax-Free Savings Account allows you to save money without paying taxes on the growth.
Learn moreRegistered Retirement Savings Plan (RRSP)
A Registered Retirement Savings Plan, known as an RRSP, helps you save money for retirement with special tax advantages.
Learn moreInsured Annuity
Learn how you can have a regular stream of guaranteed income during retirement.
Learn moreThe value of an Advisor
An advisor will help you make the best choices for your situation, your investments and insurance needs.
Learn moreLife Insurance
Protect your family with customized policies that are suited to all incomes and needs.
Learn moreNext step
Start with the date, not the product
Tell an advisor when you need the money and what it is for, and the right plan follows from there.