May 8, 2020

Author: The Link Between

* please note *

This calculator is for general information purposes only. There are assumptions used to simplify the calculation for ease of use. In particular, we assume a 30% average income tax, all cash available for survivors is assumed to be after tax, and an education fund is included using the average Canadian 4-year university cost. If the age of the insurance policy beneficiary (spouse) is less than 65, the retirement age is assumed to be 65. Otherwise, the retirement age for the beneficiary is assumed to be their age plus 1. Protection for children is until the youngest reaches age 25. For a more customized and detailed analysis of your financial needs, please speak with your financial advisor.

Posted ON Mon, October 25, 2021 at 10:12:40 am MDT    Comments (0)
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