What will I receive from Common Wealth when I retire?

Even after retirement, you will continue to reap the benefits of this plan. You would still have access to the investment funds as part of the plan, which would automatically be adjusted (more conservative) according to your age and stage. You would continue to pay low fees. We’ll also provide support in turning your nest egg into actual retirement income by converting to and managing a RRIF. You would still receive education on critical topics, such as how to access Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS). You will be able to access your retirement income from the plan in a number of different ways. They include setting up a regular withdrawal based on a percentage of assets and/or a fixed pension-like payment. You also have the option to withdraw funds in a lump sum or through a transfer to another TFSA, RRSP, or RRIF.