1-888-451-6133 [email protected]

Protecting Your Retirement Income

 
We know most people will make it to retirement without suffering a major illness but if you are one of the unlucky ones, what happens now?
 
Would you forego 1% of your annual rate of return to eliminate this risk?
 
Sure, you could use your savings or take out a loan to cover the unexpected costs, however, both options will have a significant impact on your retirements plans. If you need to access your registered funds, they are taxed in the year you use them. Accessing those funds prior to retirement is not part of your plan.
 
Pass on that risk to an insurance company. They will take care of the rest with an illness recovery benefit. This is a tax-free lump sum payment to cover any number of unforeseen expenses. No need to submit receipts or to justify the costs.
 

two retired men discussing retirement coverageKeep your retirement goals on track

If you are diagnosed and survive a major illness like cancer, heart attack, or stroke, you receive an illness recovery benefit payment. This will keep your retirement goals on track.

 

Below is an example of a typical 40-Year-old, on track, saving for retirement.

After diagnosis, he/she needs to access 100k from their registered account at age 55 to cover additional costs associated with fighting an unfortunate cancer diagnosis. The impact is significant:

Monthly retirement income

Take 1% of your annual rate of return to pay the premium. Your future self and family will be grateful if the worst happens. Protect your retirement income.

 
 
Have questions?
Don’t hesitate to reach out to us today.
CFS Wealth 1-888-451-6133 or fill out our contact form.
Let’s make sense of it all!
 
Follow us on social media for the latest updates!
Share this on social:

CFS Wealth Management works with Canada’s most trusted financial institutions.
About Us

Confidently invest in your future with CFS Wealth Management. We bring together a team of experts professionals, who each provide a unique and proven approach. At CFS Wealth Management Inc. we proudly offer proven financial strategies to create, build, protect and transfer your wealth.

Products
Head Office
22 Kaia Crt
Maple, ON
L6A 4T9

Monday-Friday: 9AM-5PM
Tel: 1.888.451.6133
Email: [email protected]

Secondary
9980 Dufferin St.
Box 20011
Maple ON
L6A4M4

Questions?
Contact us today and begin the process of unlocking your former employer pension plan today!
About Us

Confidently invest in your future with CFS Wealth Management. We bring together a team of experts professionals, who each provide a unique and proven approach. At CFS Wealth Management Inc. we proudly offer proven financial strategies to create, build, protect and transfer your wealth.

Head Office
22 Kaia Crt
Maple, ON
L6A 4T9

Secondary
9980 Dufferin St.
Box 20011
Maple ON
L6A4M4

Tel: 1.888.451.6133
Fax: 1.866.410.2675
Email: [email protected]

Mon-Fri: 8AM - 6PM

Questions?
Contact us today and begin the process of unlocking your former employer pension plan today!
© Copyright 2020 CFS WEALTH MANAGEMENT INC. | Website Design by Bryka.com | Privacy Policy
Individual results will vary. CFS Wealth does not provide legal advice or offer credit repair services. If you require legal advice, you will need to consult with a licensed attorney. Individual results are highly dependent on successfully following our program and your ability to save money. Growth estimates are examples of past performance and are not intended to be a guarantee of future results. Results will vary based on individual circumstances. Please read and understand all contract terms prior to your enrollment. All testimonials, program descriptions and BBB Accreditation’s are related to or provided by our third party affiliates. Names and pictures associated with client testimonials are not real in order to protect the privacy of all clients. Information from third parties is not verified or guaranteed by CFS Wealth.