What does my income need to be when I retire?

Most specialists agree that, if you want to maintain your lifestyle upon retirement, you’ll need roughly 70% of your gross annual work income

Once you retire, your expenses are generally lower. So, if your annual income is $40,000, you’ll need about $28,000 a year after you retire to maintain the same lifestyle. Retirement simulation tools, such as CompuPension are available to help you draw up a good saving plan.

These tools will give you an idea how much you’ll receive from public plans and how much you’ll need to save.

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Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the Website fondsftq.com, from a local representative or at the offices of the Fonds de solidarité FTQ. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.