December 02, 2014

Presenter: Jim Cavers, Professor Emeritus, Engineering Science, SFU.

Time: 12 Noon
Place: Room 114, at the Halpern Centre, Burnaby Campus.

Jim Cavers poses the question of how long our retirement funds will last.  Our estimates are usually based on the common 4% withdrawal guideline.  Now Jim has written a calculator to help us sharpen those guesses.  Unlike the guideline, the calculator accounts for Canada's accelerated withdrawals from RRIFs and LIFs and for our tax structure, including OAS clawbacks.  It even allows stress-testing with possible future market behaviours.  It presents its calculations as a set of graphs that illustrate money flows and indications of market-dependent fund longevities.  In his presentation, Jim will march us quickly through the innards of the calculator, then move to the more interesting bit: many examples of how it can be applied.

This is the first of the 2014-15 presentations organized by the Financial Interest Group of the SFU Retirees Association. We welcome all members of the SFU community; the talk is free and requires no registration.