Advisor Case Study: Low Income/Low Asset Retirement Planning

Retirement for Canadians with lower income and fewer assets requires different strategies than traditional retirement. In many cases, a few changes to a retirement plan could mean thousands of dollars in benefits.

In this webinar we focus on the Guaranteed Income Supplement (GIS) and how to build retirement plans that maximize this benefit using Adviice. We look at how to test these strategies with Adviice and explore two case studies: one with a single retiree and one with a couple.

• 5:43 - Who Qualifies as 'Low Income'
• 8:24 - Intro to GIS and GIS Clawback
• 12:58 - How Different Income Types Affect GIS Benefits
• 22:50 - Planning Strategies to Maximize GIS
• 27:23 - Case Study #1: Single Retiree with $222,000 in assets
• 41:54 - Case Study #2: Couple with 5 Year Age Gap