SunWise Elite Plus Presentation

Post on 13-May-2015

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SunWise Elite Plus helps mitigate the financial risks of retirement by providing you with a guaranteed income for life.

Transcript of SunWise Elite Plus Presentation

Jonathan Clements

Personal Finance Columnist for the Wall St. Journal

“Retirement is like a long vacation. The goal is to enjoy it to the fullest, but not

so fully that you run out of money.”

You insure all your major assets

Your life

Your home

Your cars, boats, etc.

But what about your retirement income?

Changing Goals

Retirement Risk Zone

Market risk How do I protect my retirement income

from market volatility?How can I draw an income and grow my money

at the same time? Longevity risk

How can I be certain I won’t outlive my money?

Inflation risk How do I maintain my standard of living

over 30 years?

Retirement Risks

Market Risk

Volatile markets – will poor performance change your retirement plans?

Market Risk

S&P 500 Index 1998-2008

Before and during retirement

1700

1500

1300

1100

900

700

5001998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Can’t control market cycles

The difference – good returns early in retirement

What you can do about it

Probability that a 65 year old will live to…

Longevity Risk

Inflation Risk

Purchasing power in 20 years…

Retirement Income

• You will need 60% to 70% of your current earnings during retirement

• Government benefits only cover 40% of the average wage

• Less than 40% of Canadians have a company pension plan

Sources of Income

• Annuities, bonds and GICs – provide safety and a predictable income, but no growth

• Equity investments – provide growth, but come with risks

• You need to balance security with the growth of your investments

Guaranteed Retirement Income

SunWise Elite Plus can help fill the gap

Benefits

SunWise Elite Plus provides

predictable

sustainable

guaranteed income for life

by eliminating market and longevity risks,

and mitigating inflation risk

Investment Choice

Leading portfolio managers

Managed Solutions

Income for Life

Guaranteed income protection for retired investors

Portfolio Value

Certainty before you retire

Guaranteed income protection for pre-retirees

Portfolio Value

Possibility of income growth

Guaranteed income protection with automatic resetsPortfolio Value

Flexiblity for changing plans

Guaranteed income at any age

Guaranteed RRIF payments for life

Guaranteed income protection provides RRIF for life

Under any market conditions

Regardless of market performance

Choose from two options

SunWise Elite Plus provides two options to meet your needs

For those who need income after age 65 – income for life that is guaranteed never to decrease.

For those who need income before age 65 – a 5% annual return of principal for a minimum of 20 years

Benefits

SunWise Elite Plus

• Choose when to start receiving income, when to stop and restart

• Guaranteed income for life from locked-in plans such as RSPs and RRIFs

• Tax-efficient for non-registered accounts

• Access to your savings at any time

Summary

Retirement

• Brings a new set of financial risks that need to be managed

• Investments must provide both security and potential for growth to help lessen these risks

• You need flexibility to meet your financial needs

Protect your retirement income

SunWise Elite Plus

rethinks retirement planning

and helps brings financial certainty

to your retirement

with guaranteed income for life.

So you can enjoy the long vacation

to the fullest

All charts and illustrations in this guide are for illustrative purposes only. They are not intended to predict or project investment results. To the extent of any inconsistencies between this guide and the April 2007 SunWise Elite Information Folder and Individual Variable Annuity Contract, the terms of the Information Folder and Contract prevail. For full product details and disclosure, refer to the Information Folder and Contract.

Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the sole issuer of the individual variable annuity contract providing for investment in SunWise Elite segregated funds. A description of the key features of the applicable individual variable annuity contract is contained in the Information Folder. SUBJECT TO ANY APPLICABLE DEATH AND MATURITY GUARANTEES, ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACT HOLDER AND MAY INCREASE OR DECREASE IN VALUE. ®CI Investments and the CI Investments design are registered trademarks of CI Investments Inc. ™Harbour Advisors is a trademark of CI Investments Inc. ®SunWise is a registered trademark of Sun Life Assurance Company of Canada. ™AIM, the chevron logo and all associated trademarks are trademarks of AIM Management Group Inc., used under licence. *TRIMARK and all associated trademarks are trademarks of AIM Funds Management Inc. ®Fidelity Investments and the Fidelity design are registered trademarks of FMR Corp. ®RBC Asset Management is a registered trademark of Royal Bank of Canada. ™TD Asset Management is a trademark of The Toronto-Dominion Bank, used under licence.

Thank You