viviplan sample plan word2 · Objectives 3 Plan Synopsis ... Unilever Canada Pension. ... purposes we illustrate Option 1 which is $724.13/month indexed with 60% survivor benefit

FinancialPlan

PREPAREDFOR:October03,2017

PREPAREDBY:RonaBirenbaum,CFP

FinancialPlannerViviplan

Toronto,Ontario(416)363-8500

TableofContents

CoverPage 1

TableofContents 2

Objectives 3

PlanSynopsisProposed 6

RetirementGoalCoverage 17

RetirementCapitalComparison 19

CurrentPlan 21

CashFlowOutlook-CurrentPlan 22

RetirementIncome&Expenses-CurrentPlan 25

RetirementAssetAccumulation&Depletion-CurrentPlan 27

Mrs.retiresat62 29

CashFlowOutlook-ProposedPlan 30

RetirementIncome&Expenses-ProposedPlan 33

RetirementAssetAccumulation&Depletion-ProposedPlan 35

Investcash 37

CashFlowOutlook-Investcash 38

RetirementIncome&Expenses-Investcash 41

RetirementAssetAccumulation&Depletion-Investcash 43

Gift20Ktoeachdaughterfor10years 45

CashFlowOutlook-Gift20Ktoeachchildfor10yrs 46

RetirementIncome&Expenses-Gift20Ktoeachchildfor10yrs 49

RetirementAssetAccumulation&Depletion-Gift20Ktoeachchildfor10yrs 51

RecommendationandActionPlan 53

Recommendations 54

Disclaimer 56

DeliveryAcknowledgement 57

ObjectivesFor:Mr.andMrs.

RetirementGoal

Concernsandobjectives:

• Purchaseacondoforinvestmentandaspotentialfutureresidence• Assisttwodaughters,ifneeded• Retirecomfortablyatage65.

Overthecourseofyourfinancialplanningprocess,wewillhelpyouassessyourfinancialpictureasweknowittoday.Withtheinclusionofsomeimportantassumptions,wewillhelpyouforecastwhatyourfuturewilllooklikeintermsoftheamountthatyoucanspendthroughoutyourretirement.Wewillalsoassesshowtooptimizeyourretirementcashflowsuchthatyoureduceyourincometaxobligation.

Theplanningprocessisdynamicinnature.Afinancialplanthatwecreatetogethernow,willnotnecessarilybeanaccuratereflectionofyourfuturefinancialpicture. Thereasonisbecausealotwillchangeoverthecourseofyourlives.Wecannotpredictthefuture,butwhatwecandoisexamineyouroptionsasweknowthemtodayandadjustyourplanasyouprogressthroughyourlives.

Ourgoalnowistoexamineyourcurrentfinancialpicture. Wewillwalkthroughtheassumptionsthatwehaveincludedinourprojections.Basedontheresults,wewilltalkaboutwhatispossibleforyourlongertermfuture.Assumptions:

• Lifeexpectancyof90.• Retireat65.• PrincipalResidencevaluedat$800,000(indexedat3%).• Vehiclecurrently$30K(purchasedin2016) Keepvehiclesfor13years.

o Carmaintenanceexpensesincreasefrom$600/yearto$1500/yearafteryear7anduntilyoureplacethevehicle.

§ Newpurchasevehicle2029(today's30Kwillbe$44,056)• Investments@4%andcash(aswellasCIBCGICjoint)at0.65%.Mrs.RRSPmainlyGIC's.Usedan

average2.75%forMrs.RRSPinsteadof4%.• IncomeMr.: Salaryandbonusindexedat1.5%,bonus• CNPensionMr.: Payableat(65)$2,519.27permonthwitha55%survivorbenefit.0%indexed• IncomeMr.: Salaryandbonusindexedat1.5%

Objectives

Employer(ER)contributestoanRRSPSavingsstrategypermonthtomatchemployee(EE)contributionasfollows:

o ERis$202o EEis$202

• PensionMr.:UnileverCanadaPension.Youareunsureastowhichoptionselected.FormodellingpurposesweillustrateOption1whichis$724.13/monthindexedwith60%survivorbenefit.

• Alllifestyleexpensesindexedat3%.• LifeInsurance:

o Mrs.groupinsuranceis1.5timessalaryo Mr.Term10LondonLifeK080477T $250,000premium$542.50($542.5/12=$45.2083)till

yearJune282020(age63)then$4105peryear.o Mr.hasaLifePremiumsto65participatingpolicydatedNovember201957. Facevalue

$2,700,cashvalue$5,861.o Mr.hasaJubileewholelifeparticipatingpolicywithcoverageof$150K.o Mr.hasagroupinsurancefromInfrastructureOntario.Thebenefitis$158000.

• STDandLTD(shortandlongtermdisability):o ForMr.zerocost,$8726/monthmaximum.Sothe$8726istaxableifpaidout.o ForMrs.STDzerocost,100%salaryfor30weeks.Taxablebenefitifpaidout.o ForMrs.LTDzerocost,60%salaryindefinitely.Askedforthedocument.

• Secondarypropertydetails:Youhadmentionedthatyoumightconsiderpurchasingacondoforinvestmentandaspotentialfutureresidencewhenyoudownsize. Theprice$500-600,000.Youareintendingtorentforapprox.$1500toyourdaughterandusethatrenttocarryamortgageofapprox.$320,000.Balanceofpurchasepricewouldbepaidincashfromsavings. Estimatedadditionalcarryingcostsofapprox.$1,000permonth(maintenancefee+realtytaxes).

o WeassumedpurchaseinAugust2016(becausethat'swhenaGICmatures).Includedlegalandtaxcosts.

o Createdassetof$600Kthisyear(Aug2016)includingclosingcosts(legalandtax).Indexedat3%o Mortgageof$320,000,payment1500/month.Interest4%.Bringintocashflow. Used$1521as

itpaysthemortgagein30yrs.o Necessarytouse$210Kcashtoclosetheproperty.

Overallresults:

Currentscenario:

• Aboveassumptions.• Mr.andMrs.retireatage65.• TFSA:

o Mr.annualsavingsstrategyof$5500/yrtilldeatho StartedMrs.onaTFSA.Initialcatchup$50Kin2017o Mrs.annualsavingstrategyof$5500/yrtilldeath(startingin2018)

• Allsurplusesfromcashflowareinvested.

Investcash:

• Sameascurrentscenariobutallinvestmentsarenowearning4%exceptforMrs.RRSPandfutureTFSA. KeptthoseatGICrateaverageof2.75%.

• Weightedaveragereturnofoverallportfolio3.72%

Mrs.retiresearly:

• Builtontopoftheinvestcashscenario.• Mrs.retiresat62insteadof65.• Mrs.willstartUnileverPensionatage65.• CPPandOASstillat65.

Gift20Ktoeachdaughterfor10years:

• BuiltontopofMrs.retiresearly.• WhenMrs.retiresgift20Keachyeartobothdaughters.

Important:ThecalculationsorotherinformationgeneratedbyNaviPlan®version16.0regardingthelikelihoodofvariousinvestmentoutcomesarehypotheticalinnature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.Thesecalculationsareshownforillustrativepurposesonlybecausetheyutilizereturndatathatmaynotincludefeesoroperatingexpenses,andarenotavailableforinvestment.Ifincluded,feesandotheroperatingexpenseswouldmateriallyreducethesecalculations.

Important: The calculations or other information generated by NaviPlan® version 16.0 regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. These calculations are shown for illustrative purposes only because they utilize return data that may not include fees or operating expenses, and are not available for investment. If included, fees and other operating expenses would materially reduce these calculations.

1

Plan Analysis Synopsis Plan – Mrs. retires at age 62 - Proposed #2 (2016)

General Information

Detail Mr. Mrs. Birth Date Oct 1 1956 Aug 13 1955 Proposed Retirement Date Oct 2021 Aug 2017 Life Expectancy Dec 2046 Dec 2045 CPP/QPP Benefits Start On Nov 2021 Sep 2020 OAS Benefits Start On Nov 2021 Sep 2020 OAS Deferred Benefit Bonus 0.0% 0.0% Qualify for % of Max. CPP/QPP Benefits 100% 97% Qualify for % of OAS Benefits 100% 100% Earned Income (2015) $198,116 $62,559 Pension Adjustment (2015) $15,704 $0 Unused RRSP Deduction Room $8,622 $11,260

Tax Options The option “Joint Election to Split Pension Income” was selected. By selecting this option both clients have agreed to split their pension income for tax purposes.

Assumptions

Detail Income Tax Method Detailed Tax Inflation Rate 3.00% Marital Status – Mr. Married Marital Status – Mrs. Married

Estate Assumptions

Detail Gary Diane Is there a will? Yes - Revised: Jun 23 Yes - Revised: Jun 23

2015 2015 Where are the wills kept? SafetyDepositbox

Dependents

Name

Birth Date

Age as of Plan

Date

Dependant Of #1 Sep 11 1990 25 #2 Jul 16 1993 22


2

Family Information

Dependants

Professional Advisors

Type Name Business Phone # Cell Phone # Advisor Rona Birenbaum (416) 363-8500

Date of Birth Oct 1 1956

Address

Date of Birth Aug 13 1955

Address

Client Name Mr.

Gender

Citizenship Canada

Name Mrs.

Gender Female

Citizenship Canada


3

Regular Income

Income Source Member Applicable Amount Indexed Salary Mr. Jan 1 2016 to Sep 30 2021 $16,510/mo Inflation Salary Mrs. Jan 1 2016 to Jul 31 2017 $5,213/mo Inflation1

RRSP ER contrib Mrs. Jan 1 2016 to Jul 31 2017 $202/mo No Taxable Benefits (LI and AD&D)

Mr. Jan 1 2016 to Sep 30 2021 $87/mo No

Taxable Benefits (LI) Mrs. Jan 1 2016 to Jul 31 2017 $45/mo No 1 Indexed annually by inflation + -1.5%

Defined Benefit Pension Plans - Estimate Benefit

Description: CN Pension Annual Benefit: $30,231 Plan Owner: Mr. Indexed By: 3.00% Pct. Payable to Survivor: 55.00%

Unilever Canada

Pension

$8,690 Description: Annual Benefit: Plan Owner: Mrs. Indexed By: 1.50% Pct. Payable to Survivor: 60.00%


4

Regular Expenses

Expense

Member

Applicable

Amount Indexed

Fixed

Expense Housing (e.g. utilities, repairs)

Joint Jan 1 2016 to Jul 1 2017 $1,031/mo Inflation Yes

Food Joint Jan 1 2016 to Jul 1 2017 $1,100/mo Inflation Yes Transportation (e.g. gas, insurance)

Joint Jan 1 2016 to Jul 1 2017 $683/mo Inflation Yes

Entertainment (e.g. restaurants, movies)

Joint Jan 1 2016 to Jul 1 2017 $880/mo Inflation No

Personal (e.g. clothing, hobbies)

Joint Jan 1 2016 to Jul 1 2017 $1,315/mo Inflation No

Other (e.g. travel) Joint Jan 1 2016 to Jul 1 2017 $1,000/mo Inflation No Charitable Donations - Fixed

Joint Jan 1 2016 to Jul 1 2017 $120/mo Inflation Yes

Lifestyle Expense Joint Jan 1 2016 to Jul 1 2017 $247/mo Inflation No Medical Joint Jan 1 2016 to Jul 1 2017 $60/mo Inflation Yes Union/Professional Dues Joint Jan 1 2016 to Dec 31 2046 $50/mo Inflation Yes Pet care Joint Jan 1 2016 to Jul 1 2017 $75/mo Inflation Yes Maintenance Car Yr 2016 Joint Jan 1 2022 to Dec 31 2028 $75/mo Inflation Yes Maintenance Car Yr 2029 Joint Jan 1 2036 to Dec 31 2041 $75/mo Inflation Yes Housing (e.g. utilities, repairs)

Joint Aug 1 2017 to Dec 31 2046 $1,031/mo Inflation Yes

Food Joint Aug 1 2017 to Dec 31 2046 $1,100/mo Inflation Yes Transportation (e.g. gas, insurance)

Joint Aug 1 2017 to Dec 31 2046 $683/mo Inflation Yes

Entertainment (e.g. restaurants, movies)

Joint Aug 1 2017 to Dec 31 2046 $880/mo Inflation No

Personal (e.g. clothing, hobbies)

Joint Aug 1 2017 to Dec 31 2046 $1,315/mo Inflation No

Other (e.g. travel) Joint Aug 1 2017 to Dec 31 2046 $1,000/mo Inflation No Charitable Donations - Fixed

Joint Aug 1 2017 to Dec 31 2046 $120/mo Inflation Yes

Lifestyle Expense Joint Aug 1 2017 to Dec 31 2046 $247/mo Inflation No Medical Joint Aug 1 2017 to Dec 31 2046 $60/mo Inflation Yes Pet care Joint Aug 1 2017 to Dec 31 2046 $75/mo Inflation Yes

Lifestyle Assets

Asset Name: Vehicle Asset Type: Personal Use Property Sale Date: Jan 1 2029 Owner: Joint Direct After Tax Proceeds To: Cash Flow Purchase Date: Dec 31 2015 Projected Value as of Sale Dates: Purchase Amount: $30,000 Before Tax: $1,752 Market Value: $30,000 After Tax: $1,493 Valuation Date: Apr 27 2016 Growth Rate:1 -20.00% Standard Deviation: -20.00%

1The growth rate is a pre-tax amount


5

Asset Name: Principal Residence Asset Type: Principal Residence Sale Date: N/A Owner: Joint Direct After Tax Proceeds To: N/A Purchase Date: Dec 31 2015 Projected Value as of Sale Dates: Purchase Amount: $800,000 Before Tax: N/A Market Value: $800,000 After Tax: N/A Valuation Date: Apr 21 2016 Growth Rate:1 3.00% Standard Deviation: 0.00%

1The growth rate is a pre-tax amount

Real Estate Assets

Asset Name

Purchase Date

Purchase

Amount Market

Value Date Market Value Growth Net Rental

Rate Income Real Estate (Joint) Aug 1 2016 $600,000 Sep 1 2016 $600,000 3.00% $500


6

Asset Name Goal

Market Value

Cap. Def. Std. Annual Market

Value Cost Int. Div. Gain Growth Dev. Total Account Income Base (%) (%) (%) (%) (%) (%) Fee (%) Reinvested

Portfolio Assets

Life Insurance Proceeds (Joint/Non-Reg.)

Retirement Jan 1 2016

$0 $0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Yes

Cash (Joint/Non- Retirement Apr 21 $44,000 $44,000 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes Reg.) 2016 Investment Retirement Apr 21 $130,810 $20,328 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Mr./Non-Reg.) 2016 Non Registered Retirement Apr 21 $594,809 $594,809 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes GIC (Joint/Non- 2016 Reg.) Retirement Fund Retirement Jan 1 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Joint/Non-Reg.) 2016 GWL DCPP Retirement Apr 21 $286,724 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes

(Mr./RPP - 2016 money purchase) RRSP Mrs. Retirement Apr 21 $374,128 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes 2016 RRSP Mr. Retirement Apr 21 $253,157 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes 2016 Retirement Fund Retirement Jan 1 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Mr./RRSP) 2016 Retirement Fund Retirement Jan 1 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Mrs./RRSP) 2016 Retirement Fund Retirement Jan 1 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Mrs./RRSP - 2016 Spousal) Retirement Fund Retirement Jan 1 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes (Mr./RRSP - 2016 Spousal) TFSA Mrs. Retirement Apr 21 $0 $0 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes 2016 TFSA Mr. Retirement Apr 21 $51,033 $51,033 1.38 0.78 0.78 0.78 0.00 3.72 0.00 Yes 2016

The Portfolio Assets table includes your major investment assets. It supplies the market value and cost basis of these assets. Your total pretax growth rate is broken down into specific return rate types, as some of these items receive special tax treatment. Interest is taxed as ordinary income at the marginal tax rate. Dividends receive preferential tax treatment, while one-half the capital gains are taxed at the marginal tax rate. Income from the deferred growth component is not subject to tax until the asset is sold and is usually taxed as a capital gain. The actual total return rates that you will receive will depend on many factors, including inflation, type of investment, market conditions and investment performance.


7

Life Insurance Policies

Policy Type: Term 10 Life Owner: Mrs.

Insured: Mrs. Death Benefit: $92,000 Beneficiary: Mr. Cash Surrender Value (CSV): $0 Premium Payer: Mrs. Premiums Cease On: Aug 13 2020 Annual Premium $0

Payments: CSV Payable With Death

Benefit: No Coverage Ceases On: Aug 13 2020

Disability Waiver: No

Policy Type: Term 10 Life Owner: Mr. Insured: Mr.

Death Benefit: $158,000 Beneficiary: Mrs. Cash Surrender Value (CSV): $0 Premium Payer: Mr. Premiums Cease On: Oct 1 2021 Annual Premium $0

Payments: CSV Payable With Death

Benefit: No Coverage Ceases On: Never


Policy Type: Term 10 Life Owner: Mr. Insured: Mr.

Death Benefit: $250,000 Beneficiary: Mrs. Cash Surrender Value (CSV): $0 Premium Payer: Mr. Premiums Cease On: Jun 28 2020 Annual Premium

Payments: $540

CSV Payable With Death

Benefit: No Coverage Ceases On: Jun 28 2020


Policy Type: Permanent Life Owner: Mr. Insured: Mr.

Death Benefit: $2,700 Beneficiary: Other Cash Surrender Value (CSV): $5,861 Premium Payer: Mr. Premiums Cease On: Never Annual Premium

Payments: $24


Benefit: Yes Coverage Ceases On: Never


Group Life Insurance

Group Life Insurance

London Life

London Life


8

Policy Type: Permanent Life Owner: Mr.

Insured: Mr. Death Benefit: $150,000 Beneficiary: Mrs. Cash Surrender Value (CSV): $33,680 Premium Payer: Mr. Premiums Cease On: Never Annual Premium

Payments: $672


Benefit: No Coverage Ceases On: Never


Disability Insurance Policies

Description: Group STD Policy Type: Group STD Insured:

Effective Date: Mrs. Dec 31 2015

Company: Owner: Mrs. Policy #: Premium Payer: Mrs.

Benefits are 100% of salary (tax-free). Benefits begin after 2 weeks and are paid until 30 weeks. Premiums are $0/month and end on Jul 31 2017.

Description: Group LTD Policy Type: Group LTD Insured:

Effective Date: Mr. Dec 31 2015

Company: Owner: Mr. Policy #: Premium Payer: Mr.

Benefits are $8,726/month (taxable). Benefits begin after 3 months and are paid until age 65. Premiums are $0/month and end on Sep 30 2021.

Description: Group LTD Policy Type: Group LTD Insured:

Effective Date: Mrs. Dec 31 2015

Company: Owner: Mrs. Policy #: Premium Payer: Mrs.

Benefits are 60% of salary (taxable). Benefits begin after 3 months and are paid until age 65. Premiums are $0/month and end on Jul 31 2017.

Liabilities

Liability Name

Liability Date

Original Current

End Date Principal Principal Int.

Rate

Payment Type Linked to Asset Mortgage Aug 1 2016 Jul 31 2046 $320,000 $320,000 4.000% Principal & Interest Real Estate

Permanent Life


9

Regular Savings Strategies

Asset Name Applicable Amount Indexed RRSP Mrs. Jan 1 2016 to Jul 31 2017 $405/month 0.0% TFSA Mr. Jan 1 2016 to Dec 31 2046 $458/month 0.0% GWL DCPP (Mr./RPP - money purchase) Jan 1 2016 to Sep 30 2021

Employee Contribution $0/month 0.0% Employer Contribution (5.00% of Salary) $825/month N/A1

GWL DCPP (Mr./RPP - money purchase) (2.50% of Salary)

Jan 1 2016 to Sep 30 2021

Employee Contribution (2.50% of Salary) $413/month N/A1

Employer Contribution (2.50% of Salary) $413/month N/A1

TFSA Mrs. Jan 1 2018 to Dec 31 2045 $458/month 0.0% 1 Indexing occurs if the salaries used in the calculations have been indexed.

The table above includes all your periodic (annual or monthly) investment contributions.

Lump-Sum Savings Strategies

Asset Name Applicable Amount Indexed TFSA Mrs. Jan 1 2017 $50,000 0.0%

Lump sum savings represent planned savings that occur on a one time basis. Any lump sum savings planned for future years that are indexed by inflation will be increased accordingly - refer to your Action Plan in the appropriate years for the estimated savings amounts that will be required.

Lump-Sum Asset Redemption Strategies

Asset Name Applicable Amount Indexed Non Registered GIC (Joint/Non-Reg.) Aug 1 2016 $210,000 No

Lump sum redemptions represent redemptions of your assets that do not occur on a regularly scheduled basis but rather occur on an as-needed basis. Any redemptions planned for future years that are indexed by inflation will be increased accordingly - refer to your Action Plan to view the amounts to be transferred for the next three years.

RRSP Maximizer Savings Strategies

Asset Name

Applicable

Constrained by

Cash Flow Time of

Year RRSP Mr. Jan 1 2016 to Sep 1 2021 Yes January RRSP Mrs. Jan 1 2016 to Jul 1 2017 Yes January

The maximum allowable RRSP contribution for a particular taxpayer in a particular year depends on factors such as earned income for the prior year, pension adjustments and any RRSP carryforward room that the taxpayer has available. Even with the regular RRSP contributions under your regular savings strategy, there is room for additional contributions.


10

The RRSP maximizer strategies listed above will project the maximum contributions you can make on an annual basis, based on the assumptions in this plan. If the constrained by cash flow option is YES then the recommended contributions will take into consideration whether your available cash flow in each year is sufficient to fund the maximum contributions you are allowed to make.

Surplus Savings Strategies (Regular Cash Flow)

Asset Name Applicable % of Surplus Non Registered GIC (Joint/Non-Reg.) Jan 1 2016 to Dec 31 2046 100.00%

You may still have surplus cash available for investment, after having established a regular savings program and/or maximized your RRSP contributions. Surplus savings strategies specify how unallocated surplus cash is to be invested each year. Unallocated surplus cash may change from year to year based on changes in your incomes and expenses. Your Action Plan will provide the estimated savings on a yearly basis for these savings strategies.

The surplus savings strategies assume that you will invest surplus cash and not spend it on current needs or desires. Be sure to review your plan annually with your financial advisor to determine if these investments are occurring according to plan. If not, your plan should be revised and new projections should be prepared to reflect a realistic savings strategy.

Transfer Strategies

Source Asset Destination Asset Amount When Group Life Insurance Life Insurance Proceeds 100% Upon Death

Transfers specify a plan for moving your investments from one type of asset to another on specific dates or events such as retirement. Also, transfers will be desirable in some cases to move from one type of investment to another type at a certain point in time. Refer to your Action Plan for the years in which transfers are scheduled to view the amounts to be transferred.

Deficit Coverage Order for Pre-Retirement

Description Account Type Owner Cash Non-Registered Joint Non Registered GIC Non-Registered Joint Investment Non-Registered Gary

The assets listed are available and will be redeemed in the order they appear to meet cash flow needs during the pre-retirement period. Order: Non-Registered.


11

Liquidation Order During Retirement

Asset Name Account Type Owner Applicable Non Registered GIC Non-Registered Joint Aug 1 2017 to Dec 31 2046 Cash Non-Registered Joint Aug 1 2017 to Dec 31 2046 Investment Non-Registered Mr. Oct 1 2021 to Dec 31 2046 TFSA Mrs. TFSA Mrs. Aug 1 2017 to Dec 31 2046 TFSA Mr. TFSA Mr. Oct 1 2021 to Dec 31 2046 RRSP Mr. RRSP Mr. Oct 1 2021 to Dec 31 2046 GWL DCPP RPP - money purchase Mr. Oct 1 2021 to Dec 31 2046

RRSP Mrs. RRSP Mrs. Aug 1 2017 to Dec 31 2046

The assets listed are available, and will be liquidated in the order they appear, for redemption to meet cash flow needs during the retirement period.

No assets have been set aside to cover the emergency expense.

RetirementGoalCoverage

Assumptions CurrentPlan Mrs.retiresat62 Investcash Gift20Ktoeachchildfor10yrs

RetirementAge Mr./Mrs. 65(2021)/65(2020) 65(2021)/62(2017) 65(2021)/65(2020) 65(2021)/62(2017)

LifeExpectancy Mr./Mrs. 90(2046)/90(2045) 90(2046)/90(2045) 90(2046)/90(2045) 90(2046)/90(2045)InflationRate 3.00% 3.00% 3.00% 3.00%1stYearRetirementNeeds* $128,847 $128,847 $128,847 $128,847AssetsFundingRetirement $1,734,661 $1,734,661 $1,734,661 $1,734,661CurrentMonthlySavings $2,514 $2,514 $2,514 $2,514Non-Reg.AdditionalMonthlySavings $0 $0 $0 $0SavingsStartDate(Index) 2016/05/01(0.00%) 2016/05/01(0.00%) 2016/05/01(0.00%) 2016/05/01(0.00%)

Reg.AdditionalMonthlySavings SavingsStartDate(Index) 2016/05/01(0.00%) 2016/05/01(0.00%) 2016/05/01(0.00%) 2016/05/01(0.00%)RRSP $0/$0 $0/$0 $0/$0 $0/$0RRSPSpousal $0/$0 $0/$0 $0/$0 $0/$0TFSA $0/$0 $0/$0 $0/$0 $0/$0

AdditionalLumpSumSavings $0 $0 $0 $0SavingsDate 2016/05/01 2016/05/01 2016/05/01 2016/05/01

Pre-RetirementRateofReturn 2.50% 3.72% 3.72% 3.72%RetirementRateofReturn 2.50% 3.72% 3.72% 3.72%

PlanOverview

NetWorthatRetirement $3,478,588 $2,894,133 $3,547,806 $2,894,133NetWorthatPlanEnd $5,746,875 $6,145,597 $6,498,387 $5,121,114YearofFirstShortfall -- -- -- --

Important:ThecalculationsorotherinformationgeneratedbyNaviPlan®version16.0regardingthelikelihoodofvariousinvestmentoutcomesarehypotheticalinnature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.Thesecalculationsareshownforillustrativepurposesonlybecausetheyutilizereturndatathatmaynotincludefeesoroperatingexpenses,andarenotavailableforinvestment.Ifincluded,feesandotheroperatingexpenseswouldmateriallyreducethesecalculations.*=Today'sDollars

STRONGPARTIAL

INSUFFICIENT

Thisreportshowsprogresstowardstheretirementgoal.Thatis,yourabilitytocoverexpenses,paytaxes,andmaintaindiscretionaryspendingduringyourretirement.Thecharttotherightcomparesyourcurrentsituationtotheproposedscenario.

RETIREMENTGOALCOVERAGECurrent-100% Mrs.ret.62100%

Thetablebelowcontainsacomparisonofassumptions,needs,andothergoalsinboththecurrentsituationandinallothersituations.

100%

RetirementCapitalComparison

Thisreportdisplayschangestothevalueofyourretirementassetsoveryourretirement.Theseassetsincludeallregisteredandnon-registeredassetsallocatedtofundyourretirementgoals.Thisreportalsodisplaysthedateformajoreventsintheplantohelpbettershowhowtheseeventsaffectthevalueofretirementassets.Note:Thevaluesforretirementassetsshowninthisreportareyearendvalues.


CurrentPlanNon-RegisteredGWBs

$3,000,000

RegisteredGWBsRetirementWithdrawalRatefor2021-0.0%

Non-RegisteredAssets RegisteredAssets

$500,000

Mrs.retiresat62Plan

Non-RegisteredGWBs

$3,000,000

RegisteredGWBsRetirementWithdrawalRatefor2018-0.0%


$500,000

RetirementCapitalComparisonContinued


InvestcashNon-RegisteredAssets

$3,000,000

RetirementWithdrawalRatefor2021-0.0%RegisteredAssets

$500,000

Gift20Ktoeachchildfor10yrs RetirementWithdrawalRatefor2018-0.0%


$500,000

$0

CurrentPlan

CashFlowOutlookCurrentPlan

Thisreportprojectsdetailedcashflowinformationoverthenextfiveyears.Cashinflowsandoutflowsarecategorizedbysourceandsummarizedasaggregatetotals.Thisprovidesanoverviewofyourcashflowprojections.

Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age

CashInflows

EarnedIncome

Salary $198,116 $204,059 $210,181 $216,487 $222,981

Salary $62,559 $63,497 $64,450 $65,417 $38,732

TaxableBenefits(LIandAD&D) $1,043 $1,043 $1,043 $1,043 $1,043

TaxableBenefits(LI) $543 $543 $543 $543 $317

Total $262,261 $269,143 $276,217 $283,489 $263,073CPP/QPP&OAS

OAS $0 $0 $0 $0 $2,569

CPP/QPP $0 $0 $0 $0 $4,696

Total $0 $0 $0 $0 $7,264Pensions

UnileverCanadaPension $0 $0 $0 $0 $3,843

Total $0 $0 $0 $0 $3,843Non-RegisteredProceeds

NonRegisteredGIC $210,000 $0 $0 $0 $0

Total $210,000 $0 $0 $0 $0InvestmentIncome

RealEstate $6,000 $18,000 $18,000 $18,000 $18,000

Cash $215 $287 $289 $291 $293

Investment $2,943 $4,042 $4,204 $4,372 $4,547

NonRegisteredGIC $1,878 $2,530 $2,608 $2,884 $3,292

Total $11,036 $24,860 $25,101 $25,547 $26,132MiscellaneousIncome

RRSPERcontrib $2,427 $2,427 $2,427 $2,427 $1,416

Mortgage $320,000 $0 $0 $0 $0

Total $322,427 $2,427 $2,427 $2,427 $1,416

TotalCashInflows $805,724 $296,430 $303,745 $311,463 $301,728


Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age

CashOutflows

LifestyleExpenses

Housing(e.g.utilities,repairs) $12,372 $12,743 $13,125 $13,519 $13,925

Food $13,200 $13,596 $14,004 $14,424 $14,857

Transportation(e.g.gas,insura... $8,196 $8,442 $8,695 $8,956 $9,225

Petcare $900 $927 $955 $983 $1,013

Mortgage $7,608 $18,260 $18,260 $18,260 $18,260

Entertainment(e.g.restaurants... $10,560 $10,877 $11,203 $11,539 $11,885

Personal(e.g.clothing,hobbies) $15,780 $16,253 $16,741 $17,243 $17,761

Other(e.g.travel) $12,000 $12,360 $12,731 $13,113 $13,506

LifestyleExpense $2,964 $3,053 $3,145 $3,239 $3,336

Total $83,580 $96,511 $98,859 $101,277 $103,767MedicalExpenses

Medical $720 $742 $764 $787 $810

Total $720 $742 $764 $787 $810RegisteredContributions

RRSPMr. $4,512 $19,359 $7,000 $6,576 $6,773

RRSPMrs. $4,860 $4,860 $35,381 $11,544 $11,716

TFSAMr. $5,496 $5,496 $5,496 $5,496 $5,496

GWLDCPP $4,953 $5,101 $5,255 $5,412 $5,575

TFSAMrs. $0 $50,000 $5,496 $5,496 $5,496

Total $19,821 $84,816 $58,627 $34,524 $35,056Non-RegisteredContributions

RealEstate $600,000 $0 $0 $0 $0

Total $600,000 $0 $0 $0 $0Non-RegisteredSavings

Cash $215 $287 $289 $291 $293

Investment $2,943 $4,042 $4,204 $4,372 $4,547


Total $5,036 $6,860 $7,101 $7,547 $8,132EmploymentExpenses

CPP/QPPContributions-Empl... $5,089 $5,252 $5,420 $5,593 $4,645

EIPremiums $1,910 $1,967 $2,026 $2,087 $1,809



Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age


Union/ProfessionalDues $600 $618 $637 $656 $675

Total $9,185 $9,423 $9,669 $9,921 $8,489InvestmentExpenses

RealEstate $4,000 $12,000 $12,000 $12,000 $12,000

Total $4,000 $12,000 $12,000 $12,000 $12,000MiscellaneousExpenses

CharitableDonations-Fixed $1,440 $1,483 $1,528 $1,574 $1,621

LondonLife $540 $540 $540 $540 $225

PermanentLife $672 $672 $672 $672 $672

LondonLife $24 $24 $24 $24 $24

Total $2,676 $2,719 $2,764 $2,810 $2,542Taxes

FederalIncomeTax $49,170 $46,446 $45,942 $51,593 $48,651

ProvincialIncomeTax $29,371 $27,498 $28,156 $31,132 $30,189

Total $78,541 $73,944 $74,098 $82,725 $78,840

SurplusOutflows


Total $2,165 $9,415 $39,864 $59,874 $52,092

TotalCashOutflows $805,724 $296,430 $303,745 $311,463 $301,728

Surplus/(Deficit) $0 $0 $0 $0 $0


RetirementIncome&ExpensesCurrentPlan

Thisreportshowsyourannualcashflowduringtheretirementperiod,fortheselectedscenario.Positivecashflowvaluesareshowninboldwhereasnegativevaluesareshowninredandinparentheses.Usethisreporttoshowdetailedcashflowinformationandtherebydemonstratetheunderlyingnumbersthatcomprisetheyear-over-yearcashflowgraphs.

Year Age CPP/QPP&OAS DefinedBenefitPension

EarnedIncome Minimums Non-RegisteredProceeds

OtherInflows FixedNeeds(incl.taxes)

TotalNeeds(incl.taxes)

Shortfall

2020 64/65* $7,264 $3,843 $263,073 $0 $18,000 $1,416 $195,016 $241,504 -

2021 *65/66 $26,271 $16,919 $173,035 $0 $18,000 $0 $159,060 $206,942 -

2022 66/67 $46,756 $39,733 $0 $0 $60,366 $0 $97,535 $146,854 -

2023 67/68 $48,158 $39,876 $0 $0 $61,625 $0 $98,860 $149,659 -

2024 68/69 $49,603 $40,020 $0 $0 $63,223 $0 $100,524 $152,847 -

2025 69/70 $51,091 $40,167 $0 $0 $64,561 $0 $101,927 $155,819 -

2026 70/71 $52,624 $40,316 $0 $0 $65,940 $0 $103,370 $158,880 -

2027 71/72 $54,202 $40,467 $0 $60,814 $24,867 $0 $123,177 $180,351 -

2028 72/73 $55,829 $40,621 $0 $86,800 $18,000 $0 $133,026 $191,916 -

2029 73/74 $57,503 $40,777 $0 $87,155 $51,163 $1,752 $177,694 $238,350 -

2030 74/75 $59,228 $40,935 $0 $87,514 $18,000 $0 $134,911 $197,387 -

2031 75/76 $61,005 $41,096 $0 $87,859 $18,000 $0 $136,594 $200,944 -

2032 76/77 $62,836 $41,258 $0 $88,171 $18,000 $0 $138,299 $204,580 -

2033 77/78 $64,720 $41,424 $0 $88,531 $18,000 $0 $140,064 $208,334 -

2034 78/79 $66,662 $41,592 $0 $88,952 $18,000 $0 $141,896 $212,213 -

2035 79/80 $68,662 $41,762 $0 $89,255 $18,000 $0 $143,736 $216,162 -

2036 80/81 $70,722 $41,935 $0 $89,648 $19,573 $0 $147,279 $221,878 -

2037 81/82 $72,844 $42,111 $0 $89,988 $21,320 $0 $149,426 $226,263 -

2038 82/83 $75,029 $42,289 $0 $90,316 $23,146 $0 $151,637 $230,780 -






Shortfall

2039 83/84 $77,280 $42,470 $0 $90,702 $24,987 $0 $153,921 $235,438 -

2040 84/85 $79,598 $42,653 $0 $91,024 $26,927 $0 $156,240 $240,203 -

2041 85/86 $81,986 $42,840 $0 $91,357 $28,917 $0 $158,618 $245,100 -

2042 86/87 $84,446 $43,029 $0 $91,712 $91,285 $2,422 $223,818 $312,894 -

2043 87/88 $86,979 $43,221 $0 $91,984 $30,980 $0 $161,415 $253,163 -

2044 88/89 $89,588 $43,416 $0 $92,294 $33,123 $0 $163,920 $258,421 -

2045 89/90 $94,776 $43,613 $0 $92,617 $33,644 $0 $167,315 $264,651 -

2046 90/- $50,547 $38,381 $0 $90,685 $81,825 $0 $161,182 $261,438 -

*=yearofretirement


RetirementAssetAccumulation&DepletionCurrentPlan

Thisreportdisplaysayearlysummaryofchangestothevalueofretirementassetsfortheselectedscenario.Additionally,allother(non-retirement)assetsareshownintheEOYOtherAssetscolumninordertoshowthepotentialforadditionalabilitytocoverspendingneeds.

Year Age SOY Assets1 Growth&Contributions2Withdrawals3 Withdrawal EOYAssets4 EOYOtherReinvestments Rate Assets

2016 60/61 $1,734,661 $20,217 $36,845 $210,000 10.0% $1,581,723 $1,488,938

2017 61/62 $1,581,723 $46,707 $109,535 $0 0.0% $1,737,965 $1,526,555

2018 62/63 $1,737,965 $50,775 $114,255 $0 0.0% $1,902,995 $1,566,473

2019 63/64 $1,902,995 $54,606 $110,634 $0 0.0% $2,068,235 $1,608,527

2020 64/65* $2,068,235 $58,781 $103,872 $0 0.0% $2,230,887 $1,652,594

2021 *65/66 $2,230,887 $62,699 $62,477 $0 0.0% $2,356,063 $1,698,583

2022 66/67 $2,356,063 $65,658 $10,992 $42,366 1.3% $2,390,347 $1,746,433

2023 67/68 $2,390,347 $67,871 $10,992 $43,625 1.4% $2,425,585 $1,796,102

2024 68/69 $2,425,585 $70,163 $10,992 $45,223 1.4% $2,461,517 $1,847,569

2025 69/70 $2,461,517 $72,535 $10,992 $46,561 1.4% $2,498,483 $1,900,826

2026 70/71 $2,498,483 $74,991 $10,992 $47,940 1.5% $2,536,526 $1,955,877

2027 71/72 $2,536,526 $76,430 $10,992 $67,681 2.2% $2,556,267 $2,012,738

2028 72/73 $2,556,267 $76,738 $20,325 $86,800 2.6% $2,566,531 $2,071,430

2029 73/74 $2,566,531 $76,808 $10,992 $120,318 4.3% $2,534,014 $2,165,826

2030 74/75 $2,534,014 $76,405 $19,283 $87,514 2.7% $2,542,188 $2,221,509

2031 75/76 $2,542,188 $76,431 $18,007 $87,859 2.7% $2,548,768 $2,280,483

2032 76/77 $2,548,768 $76,434 $16,677 $88,171 2.8% $2,553,708 $2,342,523

2033 77/78 $2,553,708 $76,414 $15,334 $88,531 2.9% $2,556,925 $2,407,462

2034 78/79 $2,556,925 $76,367 $13,985 $88,952 2.9% $2,558,325 $2,475,179

2035 79/80 $2,558,325 $76,295 $12,509 $89,255 3.0% $2,557,874 $2,545,592

2036 80/81 $2,557,874 $76,195 $10,992 $91,221 3.1% $2,553,840 $2,618,648

2037 81/82 $2,553,840 $76,056 $10,992 $93,309 3.2% $2,547,580 $2,694,322

2038 82/83 $2,547,580 $75,884 $10,992 $95,462 3.3% $2,538,993 $2,772,605



2039 83/84 $2,538,993 $75,618 $10,992 $97,689 3.4% $2,527,914 $2,853,509

2040 84/85 $2,527,914 $75,254 $10,992 $99,951 3.5% $2,514,209 $2,937,058

2041 85/86 $2,514,209 $74,785 $10,992 $102,274 3.6% $2,497,713 $3,023,287

2042 86/87 $2,497,713 $74,205 $10,992 $164,997 6.2% $2,417,913 $3,162,062

2043 87/88 $2,417,913 $73,167 $10,992 $104,964 3.9% $2,397,108 $3,243,833

2044 88/89 $2,397,108 $72,478 $10,992 $107,417 4.0% $2,373,161 $3,330,439

2045 89/90 $2,373,161 $71,733 $10,992 $108,262 4.1% $2,347,624 $3,421,547

2046 90/- $2,347,624 $70,893 $5,496 $154,510 6.3% $2,269,503 $3,477,371

1SOYdenotesstartofyear.2Includesalladditionalfundsaddedtoassetsfundingtheretirementgoal.3Includesallassetsremovedfromtheassetsfundingtheretirementgoal.4Denotesendofyearassetsallocatedtotheretirementgoal.*=yearofretirement


Mrs.retiresat62

CashFlowOutlookMrs.retiresat62Plan


Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age Gary/Diane

CashInflows

EarnedIncome

Salary $198,116 $204,059 $210,181 $216,487 $222,981

Salary $62,559 $37,040 $0 $0 $0



Total $262,261 $242,459 $211,224 $217,530 $224,024

CPP/QPP&OAS

OAS $0 $0 $0 $0 $2,569

CPP/QPP $0 $0 $0 $0 $4,696

Total $0 $0 $0 $0 $7,264

Pensions


Total $0 $0 $0 $0 $3,843

Non-RegisteredProceeds


Total $210,000 $0 $0 $0 $0

InvestmentIncome

RealEstate $6,000 $18,000 $18,000 $18,000 $18,000

Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $18,390 $35,017 $35,636 $36,557 $37,559

MiscellaneousIncome

RRSPERcontrib $2,427 $1,416 $0 $0 $0

Mortgage $320,000 $0 $0 $0 $0

Total $322,427 $1,416 $0 $0 $0



Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age

CashOutflows

LifestyleExpenses

Housing(e.g.utilities,repairs) $12,372 $7,434 $0 $0 $0

Food $13,200 $7,931 $0 $0 $0

Transportation(e.g.gas,insura... $8,196 $4,924 $0 $0 $0

Petcare $900 $541 $0 $0 $0

Housing(e.g.utilities,repairs) $0 $5,310 $13,125 $13,519 $13,925

Food $0 $5,665 $14,004 $14,424 $14,857

Transportation(e.g.gas,insura... $0 $3,517 $8,695 $8,956 $9,225

Petcare $0 $386 $955 $983 $1,013

Mortgage $7,608 $18,260 $18,260 $18,260 $18,260

Entertainment(e.g.restaurants... $10,560 $6,345 $0 $0 $0

Personal(e.g.clothing,hobbies) $15,780 $9,481 $0 $0 $0

Other(e.g.travel) $12,000 $7,210 $0 $0 $0

LifestyleExpense $2,964 $1,781 $0 $0 $0

Entertainment(e.g.restaurants... $0 $4,532 $11,203 $11,539 $11,885

Personal(e.g.clothing,hobbies) $0 $6,772 $16,741 $17,243 $17,761

Other(e.g.travel) $0 $5,150 $12,731 $13,113 $13,506

LifestyleExpense $0 $1,272 $3,145 $3,239 $3,336

Total $83,580 $96,511 $98,859 $101,277 $103,767

MedicalExpenses

Medical $720 $433 $0 $0 $0

Medical $0 $309 $764 $787 $810

Total $720 $742 $764 $787 $810

RegisteredContributions

RRSP $1,842 $0 $18,240 $17,364 $6,773

RRSP $4,860 $2,835 $0 $0 $0

TFSA $5,496 $5,496 $5,496 $5,496 $5,496

TFSA $0 $50,000 $5,496 $5,496 $5,496

GWL $4,953 $5,101 $5,255 $5,412 $5,575

Total $17,151 $63,432 $34,486 $33,769 $23,340

Non-RegisteredContributions

RealEstate $600,000 $0 $0 $0 $0

Total $600,000 $0 $0 $0 $0


Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age

Non-RegisteredSavings

Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $12,390 $16,536 $17,636 $18,557 $19,559

EmploymentExpenses


EIPremiums $1,910 $1,686 $1,013 $1,044 $1,075




Total $9,185 $7,965 $5,403 $5,539 $5,679

InvestmentExpenses

RealEstate $4,000 $12,000 $12,000 $12,000 $12,000

Total $4,000 $12,000 $12,000 $12,000 $12,000

MiscellaneousExpenses

CharitableDonations-Fixed $1,440 $865 $0 $0 $0

CharitableDonations-Fixed $0 $618 $1,528 $1,574 $1,621

LondonLife $540 $540 $540 $540 $225

PermanentLife $672 $672 $672 $672 $672

LondonLife $24 $24 $24 $24 $24

Total $2,676 $2,719 $2,764 $2,810 $2,542

Taxes



Total $82,409 $78,986 $65,912 $68,777 $76,321

SurplusOutflows

NonRegisteredGIC $967 $0 $9,037 $10,572 $28,673

Total $967 $0 $9,037 $10,572 $28,673




RetirementIncome&ExpensesMrs.retiresat62Plan


Year Age CPP/QPP&OAS

DefinedBenefitPension

EarnedIncome

Minimums AdditionalRegisteredProceeds




Shortfall

2017 61/62* $0 $0 $242,459 $0 $0 $18,481 $1,416 $219,813 $262,356 -

2018 62/63 $0 $0 $211,224 $0 $0 $18,000 $0 $176,368 $220,187 -

2019 63/64 $0 $0 $217,530 $0 $0 $18,000 $0 $179,823 $224,957 -

2020 64/65 $7,264 $3,843 $224,024 $0 $0 $18,000 $0 $177,971 $224,459 -

2021 *65/66 $26,271 $16,919 $173,035 $0 $0 $18,000 $0 $161,844 $209,727 -

2022 66/67 $46,756 $39,733 $0 $0 $0 $62,643 $0 $99,813 $149,132 -

2023 67/68 $48,158 $39,876 $0 $0 $0 $63,840 $0 $101,075 $151,873 -

2024 68/69 $49,603 $40,020 $0 $0 $0 $65,071 $0 $102,372 $154,694 -

2025 69/70 $51,091 $40,167 $0 $0 $0 $66,337 $0 $103,703 $157,595 -

2026 70/71 $52,624 $40,316 $0 $0 $0 $67,639 $0 $105,069 $160,578 -

2027 71/72 $54,202 $40,467 $0 $58,855 $0 $28,622 $0 $124,973 $182,147 -

2028 72/73 $55,829 $40,621 $0 $84,379 $0 $18,000 $0 $134,680 $193,569 -

2029 73/74 $57,503 $40,777 $0 $84,862 $0 $55,516 $1,752 $179,754 $240,410 -

2030 74/75 $59,228 $40,935 $0 $85,346 $0 $18,000 $0 $136,747 $199,223 -

2031 75/76 $61,005 $41,096 $0 $85,815 $0 $18,000 $0 $138,613 $202,963 -

2032 76/77 $62,836 $41,258 $0 $86,251 $0 $18,000 $0 $140,513 $206,794 -

2033 77/78 $64,720 $41,424 $0 $86,734 $0 $18,000 $0 $142,472 $210,741 -

2034 78/79 $66,662 $41,592 $0 $87,269 $0 $19,288 $0 $144,494 $214,811 -




EarnedIncome





Shortfall

2035 79/80 $68,662 $41,762 $0 $87,693 $0 $20,813 $0 $146,504 $218,931 -

2036 80/81 $70,722 $41,935 $0 $88,200 $0 $23,955 $0 $150,213 $224,812 -

2037 81/82 $72,844 $42,111 $0 $88,653 $0 $25,746 $0 $152,515 $229,353 -

2038 82/83 $75,029 $42,289 $0 $89,096 $0 $27,609 $0 $154,880 $234,023 -

2039 83/84 $77,280 $42,470 $0 $89,589 $0 $29,496 $0 $157,318 $238,835 -

2040 84/85 $79,598 $42,653 $0 $90,019 $0 $31,485 $0 $159,793 $243,755 -

2041 85/86 $81,986 $42,840 $0 $90,462 $0 $33,525 $0 $162,331 $248,812 -

2042 86/87 $84,446 $43,029 $0 $90,916 $0 $97,135 $2,422 $228,872 $317,948 -

2043 87/88 $86,979 $43,221 $0 $91,293 $0 $35,423 $0 $165,167 $256,915 -

2044 88/89 $89,588 $43,416 $0 $91,705 $0 $37,613 $0 $167,822 $262,322 -

2045 89/90 $94,776 $43,613 $0 $92,126 $0 $38,179 $0 $171,359 $268,694 -

2046 90/- $50,547 $38,381 $0 $89,938 $0 $90,224 $0 $168,834 $269,090 -

*=yearofretirement


RetirementAssetAccumulation&DepletionMrs.retiresat62Plan



2016 60/61 $1,734,661 $36,109 $32,977 $210,000 10.2% $1,593,747 $1,488,938

2017 61/62* $1,593,747 $61,746 $78,737 $481 0.0% $1,733,749 $1,526,555

2018 62/63 $1,733,749 $65,816 $59,287 $0 0.0% $1,858,853 $1,566,473

2019 63/64 $1,858,853 $70,450 $60,577 $0 0.0% $1,989,880 $1,608,527

2020 64/65 $1,989,880 $74,944 $68,736 $0 0.0% $2,133,560 $1,652,594

2021 *65/66 $2,133,560 $80,274 $59,692 $0 0.0% $2,273,526 $1,698,583

2022 66/67 $2,273,526 $84,796 $10,992 $44,643 1.5% $2,324,670 $1,746,433

2023 67/68 $2,324,670 $86,698 $10,992 $45,840 1.5% $2,376,521 $1,796,102

2024 68/69 $2,376,521 $88,627 $10,992 $47,071 1.5% $2,429,069 $1,847,569

2025 69/70 $2,429,069 $90,582 $10,992 $48,337 1.5% $2,482,306 $1,900,826

2026 70/71 $2,482,306 $92,562 $10,992 $49,639 1.6% $2,536,222 $1,955,877

2027 71/72 $2,536,222 $93,387 $10,992 $69,477 2.3% $2,571,123 $2,012,738

2028 72/73 $2,571,123 $94,173 $16,252 $84,379 2.6% $2,597,169 $2,071,430

2029 73/74 $2,597,169 $95,132 $10,992 $122,378 4.3% $2,580,915 $2,165,826

2030 74/75 $2,580,915 $94,518 $15,279 $85,346 2.7% $2,605,366 $2,221,509

2031 75/76 $2,605,366 $95,418 $13,945 $85,815 2.8% $2,628,914 $2,280,483

2032 76/77 $2,628,914 $96,285 $12,543 $86,251 2.8% $2,651,491 $2,342,523

2033 77/78 $2,651,491 $97,116 $11,129 $86,734 2.9% $2,673,002 $2,407,462

2034 78/79 $2,673,002 $97,905 $10,992 $88,557 2.9% $2,693,342 $2,475,179

2035 79/80 $2,693,342 $98,653 $10,992 $90,507 3.0% $2,712,481 $2,545,592

2036 80/81 $2,712,481 $99,355 $10,992 $94,155 3.1% $2,728,673 $2,618,648

2037 81/82 $2,728,673 $99,948 $10,992 $96,398 3.1% $2,743,215 $2,694,322

2038 82/83 $2,743,215 $100,480 $10,992 $98,705 3.2% $2,755,982 $2,772,605



2039 83/84 $2,755,982 $100,945 $10,992 $101,085 3.3% $2,766,834 $2,853,509

2040 84/85 $2,766,834 $101,340 $10,992 $103,504 3.3% $2,775,663 $2,937,058

2041 85/86 $2,775,663 $101,660 $10,992 $105,987 3.4% $2,782,329 $3,023,287

2042 86/87 $2,782,329 $101,899 $10,992 $170,051 5.7% $2,725,168 $3,162,062

2043 87/88 $2,725,168 $99,765 $10,992 $108,715 3.6% $2,727,210 $3,243,833

2044 88/89 $2,727,210 $99,833 $10,992 $111,318 3.7% $2,726,716 $3,330,439

2045 89/90 $2,726,716 $99,806 $10,992 $112,305 3.7% $2,725,209 $3,421,547

2046 90/- $2,725,209 $99,683 $5,496 $162,162 5.7% $2,668,226 $3,477,371



Investcash

CashFlowOutlookInvestcash


Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age

CashInflows

EarnedIncome

Salary $198,116 $204,059 $210,181 $216,487 $222,981

Salary $62,559 $63,497 $64,450 $65,417 $38,732



Total $262,261 $269,143 $276,217 $283,489 $263,073

CPP/QPP&OAS

OAS $0 $0 $0 $0 $2,569

CPP/QPP $0 $0 $0 $0 $4,696

Total $0 $0 $0 $0 $7,264

Pensions


Total $0 $0 $0 $0 $3,843



Total $210,000 $0 $0 $0 $0

InvestmentIncome

RealEstate $6,000 $18,000 $18,000 $18,000 $18,000

Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $18,390 $35,017 $35,891 $37,570 $39,965

MiscellaneousIncome

RRSPERcontrib $2,427 $2,427 $2,427 $2,427 $1,416

Mortgage $320,000 $0 $0 $0 $0

Total $322,427 $2,427 $2,427 $2,427 $1,416



Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age

CashOutflows

LifestyleExpenses

Housing(e.g.utilities,repairs) $12,372 $12,743 $13,125 $13,519 $8,123

Food $13,200 $13,596 $14,004 $14,424 $8,666

Transportation(e.g.gas,insura... $8,196 $8,442 $8,695 $8,956 $5,381

Petcare $900 $927 $955 $983 $591

Housing(e.g.utilities,repairs) $0 $0 $0 $0 $5,802

Food $0 $0 $0 $0 $6,190

Transportation(e.g.gas,insura... $0 $0 $0 $0 $3,844

Petcare $0 $0 $0 $0 $422

Mortgage $7,608 $18,260 $18,260 $18,260 $18,260

Entertainment(e.g.restaurants... $10,560 $10,877 $11,203 $11,539 $6,933

Personal(e.g.clothing,hobbies) $15,780 $16,253 $16,741 $17,243 $10,360

Other(e.g.travel) $12,000 $12,360 $12,731 $13,113 $7,879

LifestyleExpense $2,964 $3,053 $3,145 $3,239 $1,946

Entertainment(e.g.restaurants... $0 $0 $0 $0 $4,952

Personal(e.g.clothing,hobbies) $0 $0 $0 $0 $7,400

Other(e.g.travel) $0 $0 $0 $0 $5,628

LifestyleExpense $0 $0 $0 $0 $1,390

Total $83,580 $96,511 $98,859 $101,277 $103,767

MedicalExpenses

Medical $720 $742 $764 $787 $473

Medical $0 $0 $0 $0 $338

Total $720 $742 $764 $787 $810


RRSP $1,842 $16,509 $12,520 $6,576 $6,773

RRSP $4,860 $4,860 $35,381 $11,544 $11,716

TFSA $5,496 $5,496 $5,496 $5,496 $5,496

GWLDCPP $4,953 $5,101 $5,255 $5,412 $5,575

TFSA $0 $50,000 $5,496 $5,496 $5,496

Total $17,151 $81,966 $64,147 $34,524 $35,056


RealEstate $600,000 $0 $0 $0 $0

Total $600,000 $0 $0 $0 $0


Year 201660/61

201761/62

201862/63

201963/64

202064/65*Age


Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $12,390 $17,017 $17,891 $19,570 $21,965

EmploymentExpenses


EIPremiums $1,910 $1,967 $2,026 $2,087 $1,809




Total $9,185 $9,423 $9,669 $9,921 $8,489

InvestmentExpenses

RealEstate $4,000 $12,000 $12,000 $12,000 $12,000

Total $4,000 $12,000 $12,000 $12,000 $12,000


CharitableDonations-Fixed $1,440 $1,483 $1,528 $1,574 $945

CharitableDonations-Fixed $0 $0 $0 $0 $675

LondonLife $540 $540 $540 $540 $225

PermanentLife $672 $672 $672 $672 $672

LondonLife $24 $24 $24 $24 $24

Total $2,676 $2,719 $2,764 $2,810 $2,542

Taxes



Total $82,409 $78,007 $73,963 $85,920 $82,124

SurplusOutflows

NonRegisteredGIC $967 $8,201 $34,479 $56,678 $48,808

Total $967 $8,201 $34,479 $56,678 $48,808




RetirementIncome&ExpensesInvestcash






Shortfall

2020 64/65* $7,264 $3,843 $263,073 $0 $18,000 $1,416 $198,300 $244,788 -

2021 *65/66 $26,271 $16,919 $173,035 $0 $18,000 $0 $162,623 $210,506 -

2022 66/67 $46,756 $39,733 $0 $0 $63,330 $0 $100,500 $149,819 -

2023 67/68 $48,158 $39,876 $0 $0 $64,432 $0 $101,667 $152,465 -

2024 68/69 $49,603 $40,020 $0 $0 $65,619 $0 $102,920 $155,242 -

2025 69/70 $51,091 $40,167 $0 $0 $66,900 $0 $104,265 $158,158 -

2026 70/71 $52,624 $40,316 $0 $0 $68,216 $0 $105,647 $161,156 -

2027 71/72 $54,202 $40,467 $0 $63,202 $26,511 $0 $127,209 $184,383 -

2028 72/73 $55,829 $40,621 $0 $88,827 $18,000 $0 $136,951 $195,840 -

2029 73/74 $57,503 $40,777 $0 $89,335 $53,271 $1,752 $181,982 $242,638 -

2030 74/75 $59,228 $40,935 $0 $89,845 $18,000 $0 $139,127 $201,603 -

2031 75/76 $61,005 $41,096 $0 $90,338 $18,000 $0 $141,050 $205,400 -

2032 76/77 $62,836 $41,258 $0 $90,794 $18,000 $0 $143,007 $209,288 -

2033 77/78 $64,720 $41,424 $0 $91,310 $18,000 $0 $145,028 $213,298 -

2034 78/79 $66,662 $41,592 $0 $91,865 $18,000 $0 $147,110 $217,427 -

2035 79/80 $68,662 $41,762 $0 $92,317 $18,893 $0 $149,207 $221,634 -

2036 80/81 $70,722 $41,935 $0 $92,849 $22,099 $0 $153,005 $227,605 -

2037 81/82 $72,844 $42,111 $0 $93,322 $23,957 $0 $155,396 $232,234 -

2038 82/83 $75,029 $42,289 $0 $93,793 $25,875 $0 $157,843 $236,985 -






Shortfall

2039 83/84 $77,280 $42,470 $0 $94,309 $27,811 $0 $160,352 $241,869 -

2040 84/85 $79,598 $42,653 $0 $94,761 $29,852 $0 $162,901 $246,864 -

2041 85/86 $81,986 $42,840 $0 $95,230 $31,943 $0 $165,517 $251,998 -

2042 86/87 $84,446 $43,029 $0 $95,704 $95,336 $2,422 $231,860 $320,936 -

2043 87/88 $86,979 $43,221 $0 $96,101 $33,960 $0 $168,512 $260,260 -

2044 88/89 $89,588 $43,416 $0 $96,536 $36,211 $0 $171,250 $265,750 -

2045 89/90 $94,776 $43,613 $0 $96,978 $37,054 $0 $175,085 $272,421 -

2046 90/- $50,547 $38,381 $0 $94,434 $90,715 $0 $173,820 $274,076 -

*=yearofretirement


RetirementAssetAccumulation&DepletionInvestcash

Thisreportdisplaysayearlysummaryofchangestothevalueofretirementassetsfortheselectedscenario.

Additionally,allother(non-retirement)assetsareshownintheEOYOtherAssetscolumninordertoshowthepotentialforadditionalabilitytocoverspendingneeds.

Year Age SOY Assets1 Growth&Contributions2Withdrawals3 Withdrawal EOYAssets4 EOYOther

Reinvestments Rate Assets

2016 60/61 $1,734,661 $36,109 $32,977 $210,000 10.2% $1,593,747 $1,488,938

2017 61/62 $1,593,747 $62,379 $105,472 $0 0.0% $1,761,598 $1,526,555

2018 62/63 $1,761,598 $67,872 $114,390 $0 0.0% $1,943,861 $1,566,473

2019 63/64 $1,943,861 $73,557 $107,438 $0 0.0% $2,124,857 $1,608,527

2020 64/65* $2,124,857 $80,374 $100,588 $0 0.0% $2,305,818 $1,652,594

2021 *65/66 $2,305,818 $86,682 $58,913 $0 0.0% $2,451,414 $1,698,583

2022 66/67 $2,451,414 $91,413 $10,992 $45,330 1.4% $2,508,489 $1,746,433

2023 67/68 $2,508,489 $93,536 $10,992 $46,432 1.4% $2,566,585 $1,796,102

2024 68/69 $2,566,585 $95,698 $10,992 $47,619 1.4% $2,625,656 $1,847,569

2025 69/70 $2,625,656 $97,895 $10,992 $48,900 1.4% $2,685,643 $1,900,826

2026 70/71 $2,685,643 $100,126 $10,992 $50,216 1.5% $2,746,545 $1,955,877

2027 71/72 $2,746,545 $101,124 $10,992 $71,713 2.2% $2,786,948 $2,012,738

2028 72/73 $2,786,948 $102,113 $18,428 $88,827 2.5% $2,818,662 $2,071,430

2029 73/74 $2,818,662 $103,282 $10,992 $124,606 4.0% $2,808,330 $2,165,826

2030 74/75 $2,808,330 $102,888 $17,397 $89,845 2.6% $2,838,770 $2,221,509

2031 75/76 $2,838,770 $104,010 $16,030 $90,338 2.6% $2,868,473 $2,280,483

2032 76/77 $2,868,473 $105,106 $14,593 $90,794 2.7% $2,897,377 $2,342,523

2033 77/78 $2,897,377 $106,171 $13,149 $91,310 2.7% $2,925,386 $2,407,462

2034 78/79 $2,925,386 $107,202 $11,684 $91,865 2.7% $2,952,407 $2,475,179

2035 79/80 $2,952,407 $108,198 $10,992 $93,210 2.8% $2,978,386 $2,545,592

2036 80/81 $2,978,386 $109,153 $10,992 $96,948 2.9% $3,001,584 $2,618,648

2037 81/82 $3,001,584 $110,007 $10,992 $99,279 2.9% $3,023,304 $2,694,322

2038 82/83 $3,023,304 $110,805 $10,992 $101,668 3.0% $3,043,433 $2,772,605

Important:ThecalculationsorotherinformationgeneratedbyNaviPlan®version16.0regardingthelikelihoodofvariousinvestmentoutcomesarehypotheticalinnature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.Thesecalculationsareshownforillustrativepurposesonlybecause

theyutilizereturndatathatmaynotincludefeesoroperatingexpenses,andarenotavailableforinvestment.Ifincluded,feesandotheroperatingexpenses

wouldmateriallyreducethesecalculations.


2039 83/84 $3,043,433 $111,544 $10,992 $104,120 3.1% $3,061,849 $2,853,509

2040 84/85 $3,061,849 $112,220 $10,992 $106,612 3.1% $3,078,449 $2,937,058

2041 85/86 $3,078,449 $112,828 $10,992 $109,173 3.2% $3,093,096 $3,023,287

2042 86/87 $3,093,096 $113,363 $10,992 $173,040 5.2% $3,044,412 $3,162,062

2043 87/88 $3,044,412 $111,544 $10,992 $112,061 3.3% $3,054,888 $3,243,833

2044 88/89 $3,054,888 $111,925 $10,992 $114,746 3.4% $3,063,059 $3,330,439

2045 89/90 $3,063,059 $112,220 $10,992 $116,031 3.4% $3,070,240 $3,421,547

2046 90/- $3,070,240 $112,428 $5,496 $167,148 5.3% $3,021,016 $3,477,371





Gift20Ktoeachdaughterfor10years

CashFlowOutlookGift20Ktoeachchildfor10yrs


Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age

CashInflows

EarnedIncome

Salary $198,116 $204,059 $210,181 $216,487 $222,981

Salary $62,559 $37,040 $0 $0 $0



Total $262,261 $242,459 $211,224 $217,530 $224,024

CPP/QPP&OAS

OAS $0 $0 $0 $0 $2,569

CPP/QPP $0 $0 $0 $0 $4,696

Total $0 $0 $0 $0 $7,264

Pensions


Total $0 $0 $0 $0 $3,843



Total $210,000 $0 $0 $0 $0

InvestmentIncome

RealEstate $6,000 $18,000 $18,000 $18,000 $18,000

Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $18,390 $35,017 $35,636 $36,557 $37,559

MiscellaneousIncome

RRSPERcontrib $2,427 $1,416 $0 $0 $0

Mortgage $320,000 $0 $0 $0 $0

Total $322,427 $1,416 $0 $0 $0


Important:ThecalculationsorotherinformationgeneratedbyNaviPlan®version16.0regardingthelikelihoodofvariousinvestmentoutcomesarehypothetical

innature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.Thesecalculationsareshownforillustrativepurposesonlybecause



Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age Gary/Diane

CashOutflows

LifestyleExpenses

Housing(e.g.utilities,repairs) $12,372 $7,434 $0 $0 $0

Food $13,200 $7,931 $0 $0 $0

Transportation(e.g.gas,insura... $8,196 $4,924 $0 $0 $0

Petcare $900 $541 $0 $0 $0

Housing(e.g.utilities,repairs) $0 $5,310 $13,125 $13,519 $13,925

Food $0 $5,665 $14,004 $14,424 $14,857

Transportation(e.g.gas,insura... $0 $3,517 $8,695 $8,956 $9,225

Petcare $0 $386 $955 $983 $1,013

Mortgage $7,608 $18,260 $18,260 $18,260 $18,260

Entertainment(e.g.restaurants... $10,560 $6,345 $0 $0 $0

Personal(e.g.clothing,hobbies) $15,780 $9,481 $0 $0 $0

Other(e.g.travel) $12,000 $7,210 $0 $0 $0

LifestyleExpense $2,964 $1,781 $0 $0 $0

Entertainment(e.g.restaurants... $0 $4,532 $11,203 $11,539 $11,885

Personal(e.g.clothing,hobbies) $0 $6,772 $16,741 $17,243 $17,761

Other(e.g.travel) $0 $5,150 $12,731 $13,113 $13,506

LifestyleExpense $0 $1,272 $3,145 $3,239 $3,336

Total $83,580 $96,511 $98,859 $101,277 $103,767

MedicalExpenses

Medical $720 $433 $0 $0 $0

Medical $0 $309 $764 $787 $810

Total $720 $742 $764 $787 $810


RRSP $1,842 $0 $18,240 $17,364 $6,773

RRSP $4,860 $2,835 $0 $0 $0

TFSA $5,496 $5,496 $5,496 $5,496 $5,496

TFSA $0 $50,000 $5,496 $5,496 $5,496

GWLDCPP $4,953 $5,101 $5,255 $5,412 $5,575

Total $17,151 $63,432 $34,486 $33,769 $23,340


RealEstate $600,000 $0 $0 $0 $0

Total $600,000 $0 $0 $0 $0

Important:ThecalculationsorotherinformationgeneratedbyNaviPlan®version16.0regardingthelikelihoodofvariousinvestmentoutcomesarehypothetical

innature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.Thesecalculationsareshownforillustrativepurposesonlybecause



Year 201660/61

201761/62*

201862/63

201963/64

202064/65Age


Cash $970 $1,330 $1,379 $1,430 $1,484

Investment $2,884 $3,953 $4,100 $4,253 $4,411


Total $12,390 $16,536 $17,636 $18,557 $19,559

EmploymentExpenses


EIPremiums $1,910 $1,686 $1,013 $1,044 $1,075




Total $9,185 $7,965 $5,403 $5,539 $5,679

InvestmentExpenses

RealEstate $4,000 $12,000 $12,000 $12,000 $12,000

Total $4,000 $12,000 $12,000 $12,000 $12,000


CharitableDonations-Fixed $1,440 $865 $0 $0 $0

CharitableDonations-Fixed $0 $618 $1,528 $1,574 $1,621

LondonLife $540 $540 $540 $540 $225

PermanentLife $672 $672 $672 $672 $672

LondonLife $24 $24 $24 $24 $24

Total $2,676 $2,719 $2,764 $2,810 $2,542

Taxes



Total $82,409 $78,986 $65,912 $68,777 $76,321

SurplusOutflows

NonRegisteredGIC $967 $0 $9,037 $10,572 $28,673

Total $967 $0 $9,037 $10,572 $28,673






RetirementIncome&ExpensesGift20Ktoeachchildfor10yrs




EarnedIncome





Shortfall

2017 61/62* $0 $0 $242,459 $0 $0 $18,481 $1,416 $219,813 $262,356 -

2018 62/63 $0 $0 $211,224 $0 $0 $18,000 $0 $176,368 $220,187 -

2019 63/64 $0 $0 $217,530 $0 $0 $18,000 $0 $179,823 $224,957 -

2020 64/65 $7,264 $3,843 $224,024 $0 $0 $18,000 $0 $177,971 $224,459 -

2021 *65/66 $26,271 $16,919 $173,035 $0 $0 $36,243 $0 $204,585 $252,468 -

2022 66/67 $46,756 $39,733 $0 $0 $0 $110,501 $0 $147,670 $196,990 -

2023 67/68 $48,158 $39,876 $0 $0 $0 $112,952 $0 $150,187 $200,985 -

2024 68/69 $49,603 $40,020 $0 $0 $0 $115,470 $0 $152,770 $205,093 -

2025 69/70 $51,091 $40,167 $0 $0 $0 $118,071 $0 $155,437 $209,329 -

2026 70/71 $52,624 $40,316 $0 $0 $0 $120,870 $0 $158,300 $213,809 -

2027 71/72 $54,202 $40,467 $0 $58,855 $0 $82,589 $0 $178,939 $236,114 -

2028 72/73 $55,829 $40,621 $0 $83,904 $0 $68,202 $0 $189,666 $248,555 -

2029 73/74 $57,503 $40,777 $0 $84,383 $0 $112,779 $1,752 $236,538 $297,194 -

2030 74/75 $59,228 $40,935 $0 $84,865 $0 $77,391 $0 $199,943 $262,419 -

2031 75/76 $61,005 $41,096 $0 $85,331 $0 $18,000 $0 $134,451 $198,801 -

2032 76/77 $62,836 $41,258 $0 $85,764 $0 $18,000 $0 $136,202 $202,483 -

2033 77/78 $64,720 $41,424 $0 $86,245 $0 $18,000 $0 $138,008 $206,277 -

2034 78/79 $66,662 $41,592 $0 $86,777 $0 $18,000 $0 $139,872 $210,189 -




EarnedIncome





Shortfall

2035 79/80 $68,662 $41,762 $0 $87,199 $0 $18,000 $0 $141,742 $214,169 -

2036 80/81 $70,722 $41,935 $0 $87,703 $0 $19,546 $0 $145,307 $219,906 -

2037 81/82 $72,844 $42,111 $0 $88,153 $0 $21,192 $0 $147,461 $224,299 -

2038 82/83 $75,029 $42,289 $0 $88,594 $0 $22,905 $0 $149,673 $228,816 -

2039 83/84 $77,280 $42,470 $0 $89,084 $0 $24,649 $0 $151,966 $233,483 -

2040 84/85 $79,598 $42,653 $0 $89,511 $0 $26,497 $0 $154,297 $238,260 -

2041 85/86 $81,986 $42,840 $0 $89,952 $0 $28,397 $0 $156,693 $243,174 -

2042 86/87 $84,446 $43,029 $0 $90,404 $0 $97,265 $2,422 $228,489 $317,564 -

2043 87/88 $86,979 $43,221 $0 $90,778 $0 $30,945 $0 $160,174 $251,923 -

2044 88/89 $89,588 $43,416 $0 $91,187 $0 $33,227 $0 $162,918 $257,419 -

2045 89/90 $94,776 $43,613 $0 $91,606 $0 $33,691 $0 $166,350 $263,686 -

2046 90/- $50,547 $38,381 $0 $89,417 $6,402 $82,066 $0 $166,556 $266,812 -

*=yearofretirement


RetirementAssetAccumulation&DepletionGift20Ktoeachchildfor10yrs



2016 60/61 $1,734,661 $36,109 $32,977 $210,000 10.2% $1,593,747 $1,488,938

2017 61/62* $1,593,747 $61,746 $78,737 $481 0.0% $1,733,749 $1,526,555

2018 62/63 $1,733,749 $65,816 $59,287 $0 0.0% $1,858,853 $1,566,473

2019 63/64 $1,858,853 $70,450 $60,577 $0 0.0% $1,989,880 $1,608,527

2020 64/65 $1,989,880 $74,944 $68,736 $0 0.0% $2,133,560 $1,652,594

2021 *65/66 $2,133,560 $80,015 $28,217 $18,243 0.0% $2,223,549 $1,698,583

2022 66/67 $2,223,549 $82,937 $10,992 $92,501 3.7% $2,224,977 $1,746,433

2023 67/68 $2,224,977 $82,990 $10,992 $94,952 3.8% $2,224,007 $1,796,102

2024 68/69 $2,224,007 $82,954 $10,992 $97,470 3.9% $2,220,483 $1,847,569

2025 69/70 $2,220,483 $82,823 $10,992 $100,071 4.0% $2,214,226 $1,900,826

2026 70/71 $2,214,226 $82,590 $10,992 $102,870 4.1% $2,204,938 $1,955,877

2027 71/72 $2,204,938 $81,063 $10,992 $123,444 5.1% $2,173,549 $2,012,738

2028 72/73 $2,173,549 $79,393 $10,992 $134,106 5.7% $2,129,828 $2,071,430

2029 73/74 $2,129,828 $77,757 $10,992 $179,162 7.9% $2,039,416 $2,165,826

2030 74/75 $2,039,416 $74,384 $10,992 $144,256 6.5% $1,980,535 $2,221,509

2031 75/76 $1,980,535 $72,184 $17,623 $85,331 3.4% $1,985,011 $2,280,483

2032 76/77 $1,985,011 $72,342 $16,368 $85,764 3.5% $1,987,957 $2,342,523

2033 77/78 $1,987,957 $72,442 $15,104 $86,245 3.6% $1,989,258 $2,407,462

2034 78/79 $1,989,258 $72,480 $13,833 $86,777 3.7% $1,988,794 $2,475,179

2035 79/80 $1,988,794 $72,454 $12,446 $87,199 3.8% $1,986,495 $2,545,592

2036 80/81 $1,986,495 $72,358 $10,992 $89,249 3.9% $1,980,596 $2,618,648

2037 81/82 $1,980,596 $72,130 $10,992 $91,344 4.1% $1,972,374 $2,694,322

2038 82/83 $1,972,374 $71,815 $10,992 $93,498 4.2% $1,961,683 $2,772,605



2039 83/84 $1,961,683 $71,408 $10,992 $95,733 4.3% $1,948,349 $2,853,509

2040 84/85 $1,948,349 $70,903 $10,992 $98,008 4.5% $1,932,236 $2,937,058

2041 85/86 $1,932,236 $70,295 $10,992 $100,349 4.6% $1,913,174 $3,023,287

2042 86/87 $1,913,174 $69,577 $10,992 $169,668 8.3% $1,824,075 $3,162,062

2043 87/88 $1,824,075 $66,255 $10,992 $103,723 5.1% $1,797,598 $3,243,833

2044 88/89 $1,797,598 $65,261 $10,992 $106,415 5.3% $1,767,437 $3,330,439

2045 89/90 $1,767,437 $64,131 $10,992 $107,296 5.4% $1,735,264 $3,421,547

2046 90/- $1,735,264 $62,868 $5,496 $159,884 8.9% $1,643,743 $3,477,371



RecommendationandActionPlan

RecommendationsFor:

RetirementGoal

Initialdraftrecommendations(Dianeretiresat2):

Cashflow:

• CPPandOASstartat65.• Mrs.pensionfromUnileverCanadaPensionstartsat65.• Thepurchaseofacondohasbeenestimatedat$600Kincludingclosingcosts.• Werecommenda30yearfixedtermmortgagefor$320Kwithlowestratepossible.Pleaseletusknow

ifyouwouldlikeareferraltoanindependentmortgagebroker. Bestavailable5-yearrateiscurrently2.39%

• Redeemfromnon-registered$210Ktooffsetinflows/outflows.• TFSA:

o Mr.annualsavingsstrategyof$5500/yrtilldeath.o Mrs.establishesTFSAin2017. Initialcatchup$50K.Youcoulddothisin2016aswellifyou

want.o Mrs.annualsavingstrategyof$5500/yrtilldeath(startingin2018).

• Allsurplusesfromcashflowareinvested.Investments:

• Ensureareturnthatequatestoanaverage,compounded,4%returnwhileMrs.GICinvestments

returnonaverage2.75%.• ConsideraninsuredannuitystrategytoachievebetterthanGICreturns(tobediscussed)

Tax:

• Maximizepensionincomesplitting.• MaximizeRRSPcontributionsuntilretirement.• MaximizeTFSAcontributionroomannually.Seemoredetailsundercashflow.• Ensurebeneficiarydesignationonallregisteredaccountsandinsurance.• EnsuresuccessorannuitantonTFSA.

Estate:

• YourwillsandPowerofAttorneysareuptodate(2015).• Mrs.isanamedexecutorinherfather'swill.Pleasegiveyourfathertheattachedestateplannerso

youcandothebestjobpossibleasanexecutor.

Gifting:

• Consideradditionalgiftingbeyondthe$20,000modeled.•

Recommendations

Disclaimer

Thisanalysisishypotheticalinnatureandisintendedtohelpyouinmakingdecisionsonyourfinancialfuturebasedoninformationthatyouhaveprovidedandreviewed.

Important:ThecalculationsorotherinformationgeneratedbyNaviPlanregardingthelikelihoodofvariousinvestmentoutcomesarehypotheticalinnature,donotreflectactualinvestmentresults,andarenotguaranteesoffutureresults.

Criteria,Assumptions,Methodology,andLimitationsoftheAnalysis

Theassumptionsusedinthisanalysisarebasedoninformationprovidedandreviewedbyyou.Thoseassumptionsmustbereconsideredonafrequentbasistoensuretheresultsareadjustedaccordingly.Thesmallestofchangesinassumptionscanhaveadramaticimpactontheoutcomeofthisanalysis.Anyinaccuraterepresentationbyyouofanyfactsorassumptionsusedinthisanalysisinvalidatestheresults.

Wehavemadenoattempttoreviewyourpropertyandliabilityinsurancepolicies(autoandhomeowners,forexample).Westronglyrecommendthatinconjunctionwiththisanalysis,youconsultwithyourpropertyandliabilityagenttoreviewyourcurrentcoveragetoensureitcontinuestobeappropriate.Indoingso,youmaywishtoreviewthedollaramountofyourcoverage,thedeductibles,theliabilitycoverage(includinganumbrellapolicy),andthepremiumamounts.

Thisanalysisdoesnotconstituteadviceintheareasoflegal,accountingortax.Itisyourresponsibilitytoconsultwiththeappropriateprofessionalsinthoseareaseitherindependentlyorinconjunctionwiththisplanningprocess.

ResultsMayVaryWithEachUseandOverTime

Theresultspresentedinthisanalysisarenotpredictionsofactualresults.Actualresultsmayvarytoamaterialdegreeduetoexternalfactorsbeyondthescopeandcontrolofthisanalysis.Historicaldataisusedtoproducefutureassumptionsusedintheanalysis,suchasratesofreturn.Pastperformanceisnotaguaranteeorpredictoroffutureperformance.

Theresultsarebasedonyourrepresentationofriskandincludeinformationthatiscurrentasof4/21/2016.Youareresponsibleforconfirmingthattheanswersyouprovidedtodetermineyourindividualrisktoleranceusedinthisanalysisareaccuratelyrepresented.TheProposedPlan assetallocationpresentedinthisanalysisisbasedonyouranswerstoarisktolerancequestionnaireandmayrepresentamoreaggressive-andthereforemorerisky-investmentstrategythanyourcurrentassetallocationmix. Actualreturnratesandperformancemayvarytoasignificantdegreefromthatrepresentedinthisanalysis.

InvestmentsConsidered*

Thisanalysisdoesnotconsidertheselectionofindividualsecurities;theanalysisprovidesmodelportfolios.Theresultscontainedhereindonotconstituteanactualoffertobuy,sellorrecommendaparticularinvestmentorproduct.Allinvestmentsareinherentlyrisky.Theassetclassesandreturnratesusedintheanalysisarebroadinnature.Theillustrationsarenotindicativeofthefutureperformanceofactualinvestments,whichwillfluctuateovertimeandmaylosevalue.

Therearerisksassociatedwithinvesting,includingtheriskoflosingaportionorallofyourinitialinvestment.

*AssetclassesandAssetAllocationmaynotapplytotheForecasterAssessments.


DeliveryAcknowledgement

We,GaryWaddingtonandDianeNorth,havereviewedandaccepttheinformationcontainedwithinthisanalysisandunderstandtheassumptionsassociatedwithit.Webelievethatallinformationprovidedbyusiscompleteandaccuratetothebestofourknowledge.Werecognizethatperformanceisnotguaranteedandthatallfuturecalculationsareincludedsimplyasatoolfordecision-makinganddonotrepresentaforecastofourfinancialfuture.Thisanalysisshouldbereviewedperiodicallytoensurethatdecisionsmadecontinuetobeappropriate,particularlyiftherearechangesinfamilycircumstances,suchasaninheritance,birthofachild,deathofafamilymember,ormaterialchangeinincomesorexpenses.

Mr.

Mrs.

Date:

NoteThisanalysishasbeenpreparedbasedontheinformationprovided.Therehasbeennoattempttoverifytheaccuracyorcompletenessofthisinformation.Asthefuturecannotbeforecastwithcertainty,actualresultswillvaryfromthesecalculations.Itispossiblethatthesevariationsmaybematerial.Thedegreeofuncertaintynormallyincreaseswiththelengthofthefutureperiodcovered.


Documents

viviplan sample plan word2 · Objectives 3 Plan Synopsis ... Unilever Canada Pension. ... purposes we illustrate Option 1 which is $724.13/month indexed with 60% survivor benefit