Retirement income illustration
Frame insured annuity conversations with clear assumptions
This page explains the workflow for comparing annuity income, life-insurance cost, liquidity, estate value, and suitability questions from reviewed assumptions.
Estimates and illustrations are computed using published CRA and Revenu Québec rules and parameters (2026). · Last updated 2026-06-18
Example scenario
A retiree wants stable after-tax income but also wants to preserve estate value for the children. The advisor needs to compare the prescribed-annuity income, the offsetting life insurance cost, the liquidity impact, and the client's risk tolerance side by side.
Workflow steps
- Collect age, income needs, non-registered capital, tax context, and estate goals.
- Compare estimated annuity income, life-insurance assumptions, liquidity impact, and survivor needs.
- Document risks, suitability questions, and notes for the licensed professional's review.
Expected outcome
The advisor can prepare a suitability-focused discussion with the income and estate trade-offs illustrated, before any product is considered with a licensed professional.
FAQ
Does this page sell an annuity?
No. It illustrates a workflow with reviewed assumptions; it does not quote, sell, or submit any product application.
What are the limits, and why is this separate from insurance needs?
It combines retirement income, estate value, and life-insurance assumptions into one illustration; the figures are estimates the advisor reviews, and any annuity or insurance decision requires a licensed professional.
Related resources
This resource belongs to the Tax and registered-account estimates group. Compare the neighbouring resources:
Quebec and Canadian income tax estimates
This page illustrates a household tax profile and shows how an advisor can compare taxable income, eligible credits, and REER contribution scenarios from reviewed inputs.
REER, CELI, and retirement income estimates
This page shows how an advisor can consolidate registered and non-registered savings, public pensions, and retirement-age assumptions to illustrate income and gaps from reviewed inputs.
REEE education savings in the household file
This page shows how REEE assumptions, family goals, cash flow, and review notes can be organized into the household file before a client meeting.
Prepare this workflow in AssureConcept
Use the secure application for real client files, reviewed documents, and advisor-ready reports.