Have you ever wondered...
What my financial future looks like?
With the help of an RBC advisor, myGPSTM provides an additional way for individuals and families to gain a more holistic view of their current and future financial situation. In doing so, it supports an important aspect of wealth planning, which is developing valuable insights into how to reach short- and long-term goals.
If I live to be 90, will I have sufficient funds to maintain my current and/or desired lifestyle?
Based on the information provided, myGPSTM will project income, savings, taxes, expenses and the value of your assets into the future.
How does changing my financial assumptions impact my future financial situation?
It is impossible to know for certain what will happen tomorrow. To provide a financial projection, however, certain assumptions about what will happen in the economy have to be made. But what if some of those assumptions prove to be wrong? What if, for example, you were forced to retire early? Or perhaps you end up spending more in retirement. The myGPSTM Retirement Analysis allows you to independently change the assumptions you have made about the future to see how that change will affect your overall finances.
To learn more about myGPS and our comprehensive approach to wealth management, contact us today.
