Retirement Summary

Retirement Summary – John and Sarah Jones

Current Retirement Assets:

1 – John:
	A – Locked in Retirement Account	$160,000
	B – RRSP	$225,000	$385,000

2 – Sarah:
	A – Locked in Retirement Account	$180,000
	B – Non Registered Account	$ 95,000	$275,000
	Total Retirement Assets Jan 1, 2008		$660,000

Retirement Scenarios:

A – Scenario A: Family Retirement in 2011:
Approximate Retirement net worth:	$797,000
Approximate Retirement net monthly income:	$ 5,533

Please note that this net monthly income is indexed with inflation (2.0%) and spread out until 2032y. Assume a 6.5% rate of return.

B – Scenario B: Family Retirement in 2014:
Approximate Retirement net worth:	$962,000
Approximate Retirement net monthly income:	$ 7,189

Please note that this net monthly income is indexed with inflation (2.0%) and spread out until 2032y. Assume a 6.5% rate of return.

Summary:

Assets are sufficient to meet retirement goals. If the income provided is in excess of required monthly income, look at implementing tax strategies for future generations and to enhance liquidity in case of emergency.

Major decisions on asset allocation are a must. Approaching the income portion of your investment strategy carries with it inherited risks. Even though asset levels are sufficient today, volatile markets can erode capital. Take the appropriate risk prevention measures to ensure your portfolio can handle long term down markets.

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