Savings & Investments
Life Income Fund
A Life Income Fund (LIF), which is a Registered Retirement Income Fund (RRIF), is used to hold pension funds and provide a regular stream of income once you reach retirement.
About Life Income Fund
A Life Income Fund (LIF), which is a Registered Retirement Income Fund (RRIF), is used to hold pension funds and provide a regular stream of income once you reach retirement.
When planning for retirement, it’s important to understand all the financial tools at your disposal. Among the key solutions you should consider is a Life Income Fund (LIF), which is a Registered Retirement Income Fund (RRIF) used to hold pension funds and provide a regular stream of income once you reach retirement.
Learn about the best life income funds in Canada
At Life100, we offer a variety of life income funds based on your needs and horizon. Ask us how you can vary your annual payments above the minimum required amount to meet all your future needs, especially in Toronto, Brampton, Ajax, Markham or the Greater Toronto Area.
We’ve found life income funds and RRIFs both provide our clients with an excellent savings vehicle to keep savings tax-sheltered while generating a stream of stable income. Let an advisor at Life100 guide you through this process.
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.
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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.