A New Mindset Toward Distribution

The tools to put numbers behind dreams

The Retirement Boom

"Unlike other trends, the retirement boom is a demographic fact whose effect will be with us long in the future." – McKinsey & Company

The first baby boomers are turning 60 this year. This generation has saved and invested up to now, but with retirement in sight, they are now shifting their mindset from accumulation to distribution. One day, the regular pay cheque stops and we must rely on a mix of assets and lifetime income to pay expenses. Financial security during retirement is now becoming the most important priority for many.

With uncertainty in the capital markets and capital preservation replacing performance as a priority, financial advisors now need the knowledge and tools to advise their clients and prospects on the distribution of assets.

The Retirement Opportunity

Many view the retiring baby boomer market as a top growth priority, but fail to provide comprehensive information and resources to their clients. These consumers are at the point of making significant and often permanent decisions about their finances and are more willing to take advice and consolidate assets. Once they start the transition to retirement, this window will close. Knowledge and information that address their needs will be the real points of leverage for achieving a higher market share.

Many face retirement with apprehension rather than embrace it. All too often, they are overwhelmed by all of this and simply decide not to deal with it. This may lead to a negative outcome for many: lowered standards of living and a lifetime of work.

Changes in society and demographics do not help: active working years are shortened because we want to retire early and longevity is increased with healthier lifestyles. This means many of us must save much more than at our current rate. Often we start too late and save too little: some studies indicate that savings in the range of 15% to 18% per year are required to maintain the standard of living throughout retirement.

Making a Difference

You can help your clients and prospects with many important decisions:

How much to contribute
How much savings they need
How to allocate investments among asset classes
How to change the asset allocation over time
How to use the money at retirement
How to set retirement goals

While your clients will have lifetime income from Government or company pensions, it will not likely be enough to maintain their lifestyle. The rest of the expenses will be paid from drawing down their nest egg. You can help clients figure out what kind of lifestyle they can afford so they won’t outlive their assets during a retirement that may last 30 or 40 years.

If not retired, the question is "what nest egg do I need to maintain my lifestyle?"
If retired, the question becomes "I have a nest egg, what lifestyle can I afford?"

RetireWare helps determine how far assets will go in the future. And only by modeling the future, can we make better decisions today. RetireWare also assists with the many decisions for retirement security. When to retire? What is the impact of transitioning to retirement over a few years? Will retiring later make a difference?

Access RetireWare Web Resources, it's FREE!

RetireWare provides extensive free Canadian retirement and financial planning tools and resources, including information about Government benefits, applying for the CPP pension or OAS pension, taxation, investing and retirement planning guides. All resources are completely independent and not tied to any financial services.

Access the RetireWare Web resources and online tools and take advantage of our special offers.

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RetireWare is Easy to Use

An individual and her spouse may have many types of assets and income in the future: CPP, OAS (some that may be subject to “clawback”), pension plans, a registered retirement income fund (RRIF), life income fund (LIF) or locked-in retirement income fund (LRIF), each with their own payment patterns and rules, non-registered investments, insurance, possibly an inheritance or the sale of a real estate property or business.

RetireWare lets you put everything together with its intuitive and modular user interface and easy-to-use Wizards. There are extensive help files, a manual (also included with the electronic version as a PDF file). All results are shown with clear and compelling charts, detailed tables, and a full report that you can print or save as a PDF file.

How to Purchase RetireWare

The Standard Edition of RetireWare is $59.95 for the electronic download version and $89.95 for the CD ROM version with manual. Both the electronic and CD ROM versions are identical.

The Monte Carlo Edition of RetireWare is $89.95 for the electronic version and $129.95 for the CD ROM version with manual.

RetireWare is fully bilingual: you can use it in English or French. Your purchase also includes unlimited email support.

Cashing in on Monte Carlo

TORONTO, MAY 24, 2006 - Wow. That was some scary week on the stock markets. [...] Suppose you have a $500,000 portfolio when you retire. How much can you take out each year? [...] People should consider a full range of possible scenarios for investment returns. Don't rely on a potentially misleading long-term average. [...] Monte Carlo tools can play a powerful role in making retirement planning more realistic and accurate. [...] [Read the entire article by Ellen Roseman]

About Apeiron Software

Apeiron Software Limited creates the best resources and technology to help individuals make informed financial and retirement planning decisions for the future. [More information]