Our Cash Creator Program Can Help Make Your Retirement Dreams a Reality!
Have you reviewed your retirement plans lately? Will they provide you with the income you need to retire with the lifestyle you want? Whether you want additional funds to purchase a retirement retreat, travel to exotic locations or fulfill any other dream you may have, Cash Creator can help.
Enjoy your Retirement Tomorrow by planning Effectively Today!
You are probably doing all the "right" things. You are contributing to your pension plan or maximizing your RRSP contributions annually. Still, these alone may not be enough to generate the level of retirement income you'll need. You may not be comfortable counting on government sources.
Therefore, it may be necessary to save outside of your RRSP to provide yourself with:
- Financial independence through additional income.
- Income for your early retirement date until any government programs start.
- An income stream from your retirement date until you are required to convert your RRSP funds into income. This allows you to continue to enjoy the maximum tax deferred growth available within your RRSP.
- Cash for extra needs like educational funding for your grandchildren, or helping your children finance their own business.
The Cushion to Provide a Carefree Retirement
The Cash Creator program uses the tax- sheltering provided by a permanent exempt life insurance policy to build up a cash reserve for you to draw on to supplement your retirement income.
The Cash Creator also provides flexibility; you decide when and if you want to withdraw funds.
And the Cash Creator can help you save on income taxes, not only by the tax deferral on the funds growing within the exempt portion of the plan, but by giving you the control to access your cash at a time that suits you, for example, when your marginal tax rate is relatively low.
Designed with You In Mind
The Cash Creator program is the solution for you if you:
- Are already maximizing your RRSPs
- Are interested in supplementing your retirement income
- Want to create an "emergency fund" now and provide for your heirs in the future
- Are in good health
Will your retirement plans provide you with the income you need to retire with the lifestyle you want? Many people require 70% of their pre-retirement income to meet their retirement goals, but there are limits on RRSPs and pension plans. Equitable Life's Cash Creator program can help!