Retirement income summary
(in current dollars)
1. |
Current Net Worth | $ |
2. |
Less Personal Use Assets | |
| Primary Personal Residence | ||
| Other Personal Residences | ||
| Household Furnishings | ||
| Jewelry | ||
| Vehicles and Boats | ||
| Other Personal Assets | ||
3. |
Subtotal |
$ |
4. |
Less Conversion and/or Commission Costs | $ |
5. |
Adjusted Net Worth | $ |
6. |
Multiply by Expected Pre-Tax Yield | x ___% |
7. |
Estimated Investment Income Provided in Current Dollars | $ |
8. |
Plus Estimated Annual Retirement Income (in current dollars) | |
| CPP/QPP | ||
| OAS | ||
| Pension Plans | ||
| R.R.S.P.’s | ||
9. |
Estimated Retirement Income Before Taxes (Line 7 + Line 8) | $ |
10. |
Multiplied by (1.00 Minus Estimated Average Rate of Tax_____%) | x ___% |
11. |
Estimated Retirement Income After Taxes | $ |
12. |
Estimated Retirement Income Needs in Current Dollars | $ |
13. |
Current % of Retirement Expenses Covered by Retirement Income (Line 11 + Line 12) | % |