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Paul Foisy
Christina Aquino-Soriano

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390 Bay Street
Sault Ste. Marie, ON
P6A 1X2
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RRIFs

Registered Retirement Income Fund

Retirement isn’t what it used to be
Chances are you’re as active and involved in pursuing your passions and contributing to your community as ever. You may be retired, or thinking about it. But you’re not retiring from life.

At BMO Nesbitt Burns, we offer specialized advice and tools for people who are planning to live their lives on their own terms.

Selecting the right retirement income option is one of the most important financial and estate planning decisions you’ll make. Especially today, when statistics show that Canadians are living longer, healthier lives. If you’re fortunate, your retirement will last 30 years or longer. So it’s important to make choices that not only protect your savings but ensure that the purchasing power of your money lasts for decades.

The maturity option of choice
Like many Canadians, over the years you have wisely invested in a Registered Retirement Savings Plan (RRSP) in order to save for your retirement. You have accumulated a significant amount of money that will soon be used to supplement your retirement income.

A Registered Retirement Income Fund (RRIF) allows you to continue to earn tax-deferred income on a significant portion of your retirement assets while providing you with the flexibility to increase your withdrawal at any time. For these reasons, RRIFs are the RRSP maturity option of choice for many Canadians.

The custom fit of a BMO Nesbitt Burns Self-Directed RRIF
Because a significant portion of your funds will remain invested for many years, it is important that you protect your capital while ensuring that it maintains its purchasing power over the long term. A Self-Directed RRIF enables you to enhance your investment returns by allowing you to select from a wide variety of qualified investments. You may even take advantage of the exciting investment opportunities available internationally.

For more information on the Registered Retirement Income Fund, please contact us for an appointment.