jagomart
digital resources
picture1_Financial Presentation Power Point 32232 | Pavlov Pensions 1


 195x       Filetype PPTX       File size 1.49 MB       Source: www.sfufa.ca


File: Financial Presentation Power Point 32232 | Pavlov Pensions 1
why defined contribution is better for us pays you much better at retirement dc is tax efficient if you leave you get all your money dc is safe and secure ...

icon picture PPTX Filetype Power Point PPTX | Posted on 09 Aug 2022 | 3 years ago
Partial capture of text on file.
     Why Defined Contribution is Better for 
     Us
      Pays you (much) better at retirement
      DC is tax efficient
      If you leave you get all your money 
      DC is safe and secure even if the plan goes bust
      It’s fair
                                                                  2
     Why DC is Better for Us
      Pays you (much) better at retirement
      DC is tax efficient
      If you leave you get all your money 
      DC is safe and secure even if the plan goes bust
      It’s fair
                                                                  3
                                        Portfolio Value Jan 2008 - Jul 2014: 
                        60% Stocks (XIU and IWM), 40% Bonds (XCB and XGB)
                                  Rebalanced monthly, dividends reinvested 
  180       This 60/40 portfolio is simple,
            Requires no expertise to implement,
  160       Does not employ active mutual fund managers, 
            Fees and expenses that are the same or lower than the BC 
  140        College Plan. 
            If you can pay your bills online you can set up this portfolio.
  120
  100
                                                                       Average annual return, 
   80                                                                  including the financial 
                                                                       crisis = 
   60
   40               Portfolio value                                    7.15%
                    was below 
   20               previous peak 
                    for 27 months
    0
      8  8   8  8  8  8   9  9  9  9  9   9  0  0  0  0   0  0  1  1   1  1  1  1  2   2  2  2  2  2   3  3  3  3   3  3  4  4  4   4
      0  0  0  0  0   0  0  0  0   0  0  0  1  1   1  1  1  1   1  1  1  1  1   1  1  1  1  1   1  1  1  1  1   1  1  1  1  1   1  1
     -  -   -  -  -  -  -   -  -  -  -   -  -  -  -  -   -  -  -  -   - l-  -  -  -   -  -  -  -  -   -  -  -  -  -   -  -  -  -   -
    n   r  y   l p   v  n  r  y   l  p  v  n   r y   l  p  v  n   r  y  u  p   v  n  r  y   l p   v  n  r  y   l  p  v  n   r  y  l
    a  a  a  Ju  e  o  a   a a  Ju  e  o  a   a  a  Ju e  o   a  a  a  J   e  o  a  a  a  Ju  e  o  a   a  a  Ju e  o  a   a  a  Ju
   J  M M       S  N  J  M M       S  N   J  M M      S   N  J  M M       S  N  J  M M       S  N  J   M M      S  N   J  M M 4
                                           Tyical salary and pension contribution
                                  Start at step 1 for assitant, Grow at 1.3 steps a year
    160000
    140000
    120000
    100000
     80000
                                                                                                                   pay
     60000                                                                                                         contribution (SFU + 
                                                                                                                   member)
     40000
     20000
           0
            31    33   35    37   39    41   43    45   47    49   51    53   55    57   59   61    63   65
                                                     Age
                                                                                                                                   5
       DC and DB Annual Pension 
       (7% rate of return)
                              Contribute 20% of salary each year 
        300,000               Invest in the 60/40 portfolio
                              Use up all funds over 20 years
        250,000
       e                         Contribute 20% of salary each year 
       m
       o                         Invest in the 60/40 portfolio
       c200,000
       n
       I                         Use ONLY investment gains, do not 
       t
       n
       e                          touch the capital
       m150,000                                                                     DCincomefor20years
       e
       e                                                                            DCincomeforever
       R
       l
       a100,000
       u                                                                            DBformula
       n
       n
       A
         50,000
              0
                      30          40           50          55           60
                                           CurrentAge
       DB assumptions:
       2% * highest average salary * pensionable service      A switch to DB benefits only 
       5-year guarantee                                       people who are 60 or older!!!
       Retire at age 65
      Source: https://www.pensionsbc.ca/portal/page/portal/general_pension_estimator/cpp_general_estimator
                                                                                                 6
The words contained in this file might help you see if this file matches what you are looking for:

...Why defined contribution is better for us pays you much at retirement dc tax efficient if leave get all your money safe and secure even the plan goes bust it s fair portfolio value jan jul stocks xiu iwm bonds xcb xgb rebalanced monthly dividends reinvested this simple requires no expertise to implement does not employ active mutual fund managers fees expenses that are same or lower than bc college can pay bills online set up average annual return including financial crisis was below previous peak months l n r y p v u a ju e o j m tyical salary pension start step assitant grow steps year sfu member age db rate of contribute each invest in use funds over years c i only investment gains do t touch capital dcincomeforyears dcincomeforever dbformula currentage assumptions highest pensionable service switch benefits guarantee people who older retire source https www pensionsbc ca portal page general estimator cpp...

no reviews yet
Please Login to review.