What Happens to Your Retirement Plan if You Die Early? - November 20th Case Study

How does losing a spouse affect your retirement plan? How does a shorter than expected lifespan affect your drawdown strategies or CPP timing?

In this video we looked at three case studies: a newly retired couple wanting to stress test their plan for the loss of a partner, a young couple looking to test their insurance coverage and a single retiree who wants to understand the effect of a shorter lifespan on her retirement plan.

• 02:01 - How Long Could You Live?
• 06:52 - The Financial Effects of Losing a Spouse
• 12:52 - First Case Study: 65 Year Old Couple with a Pension
• 31:17 - Second Case Study: Young Couple Looking at Insurance Needs
• 42:27 - Third Case Study: Single Retiree Exploring Life Expectancy

Disclaimer: This video is for educational purposes only and does not constitute investment advice or financial advice. All information provided is for illustrative purposes only and you should not rely on such information as the primary basis of your investment, financial, or tax planning decisions. Every effort has been made to ensure the accuracy of its contents. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations provided. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or recommendation, to buy or sell any financial product or securities. Before making any financial decision, you should review your situation with a financial planner.