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Performance of Our Signature Funds

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Getting the most out of retirement.

Transitioning from work-life to retirement takes a bit of planning and decision-making to ensure you make the most out of this time in your life.

After putting years into your career in the education community, not to mention a portion of each paycheque going into your pension, no one wants surprises. But, retirement isn’t what it used to be, educators retire earlier than most, and are retiring healthier and living longer. Planning and preparation are the primer for a rich and successful transition to make sure that you have the level of income you need to actually enjoy a long retirement. Many educators are surprised when they discover that they have a gap – will your pension alone be enough to support your retirement?

Your retirement income is determined by when you start saving and how much.

Avoid becoming a last-minute saver. We have strategies to help get your retirement income in line with your dreams and make your retirement a reality. Find out how much you'll need with our retirement income tool below.

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RRSP Value After Retirement

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And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts

Talk to us about a plan like this

Speak to a Financial Specialist

or

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We want you to use and enjoy our Website, but it is important that you understand:

This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with an Educators Financial Group Financial Specialist, or your professional accountant before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.

Educators Financial Group does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Educators Financial Group will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results. Commissions, trailing commissions, management fees and expenses may all be associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Photo of resps

Investing in your child's future.

Making smart investing decisions to build your child’s education fund, and their future shouldn’t come at a cost — to you or to them. Plan for tuition, living, and trips-home-to-see-parents costs.

As long as you keep the savings and investment earnings in your RESP, your money grows tax free. Withdrawals, when your child (or even your grandchild) enters post-secondary education, are also usually tax free. With an account lifespan of 35 years (it must be closed in the 36th year), diverse investment options for every risk level, tax benefits, and the ease with which to set up a family, group or individual plan, makes RESPs the easiest decision you’ll make for your child’s future. Not to mention that you will also be able to take advantage of the Canada Education Savings Grant (CESG) offered by the government. It provides people who invest in an RESP with a basic CESG amount equal to 20% of yearly contributions, up to an annual maximum of $500 per eligible child, with a lifetime maximum of $7,200.

How much should you invest for your child's education?

The future cost of education depends on a few things, like your child's age, how long they want to spend in school and, of course, where they plan on studying. RESPs have a max contribution of $50,000 per beneficiary. Find out how to get there.

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Total savings by age 18

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And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts
And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts

Talk to us about a plan like this

Speak to a Financial Specialist

or

Request a workshop

We want you to use and enjoy our Website, but it is important that you understand:

This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with an Educators Financial Group Financial Specialist, or your professional accountant before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.

Educators Financial Group does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Educators Financial Group will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results. Commissions, trailing commissions, management fees and expenses may all be associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

* The maximum monthly contribution for this calculator is $208. A $208 monthly contribution optimizes grants matched by the federal government.

Photo of minimize-taxes

Maximizing returns by minimizing taxes.

Who wants to think about paying a tax bill when you’ve got bigger things—like life goals—on your mind?

We tend to forget (or not think about) the taxes on investment earnings but the reality is that being tax efficient with your investing means you’ll have more money left over for yourself to do the things you want do to. Knowing which investments should go in tax-deferred accounts and which shouldn’t, can be tricky. And, if you are receiving a gratuity payment, you will need to plan on how to minimize the taxes you pay on the additional income. Having a financial specialist with expertise in tax efficient investments is nice, combine that with our educator-specific investment strategies is better.

Tax efficient investing isn't jargon. See what we mean.

Being tax efficient with your investments can often be the difference maker in reaching your financial goals. See in this example how a little planning and insight can go a long way in maximizing your returns.

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Future Values

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And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts
And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts

Talk to us about a plan like this

Speak to a Financial Specialist

or

Request a workshop

We want you to use and enjoy our Website, but it is important that you understand:

This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with an Educators Financial Group Financial Specialist, or your professional accountant before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.

Educators Financial Group does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Educators Financial Group will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results. Commissions, trailing commissions, management fees and expenses may all be associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

*The taxable column is based on the tax bracket the annual salary falls under. The tax rates are subject to change.

**Withdrawals from an RRSP are fully taxable as income in the year received.

Photo of big-purchase

Investing and saving for a big purchase.

Reach your goals faster by putting your money to work with investments or high interest savings accounts.

A wedding, a renovation, a new house, a dream trip. Whatever your goal, you can get there faster by investing your savings rather than squirrelling it away in a low-interest bank account. Your goals, whatever they might be, all require different time horizons and dollar amounts to achieve them. Even if you don’t have a lot of extra cash because alot of it goes into your pension, our specialists can help you figure out how to invest and how much to save each month and get to your goals faster.

Compare traditional bank savings account with a goal-based investment strategy.

There are many different ways of achieving the goals you want with a higher rate of return than a traditional bank savings account. Let's take a look at an example.

Purchase Information

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Your Contribution Options

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And here’s the mix of investment products and account types we recommend. Explore them below.
Accounts

Talk to us about a plan like this

Speak to a Financial Specialist

or

Request a workshop

We want you to use and enjoy our Website, but it is important that you understand:

This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with an Educators Financial Group Financial Specialist, or your professional accountant before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.

Educators Financial Group does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Educators Financial Group will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results. Commissions, trailing commissions, management fees and expenses may all be associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Photo of risk

Assess your investment risk threshold.

Markets change daily, your goals shouldn’t.

Change is the hallmark of investment markets. Just because they change constantly doesn’t mean your personal goals should as well. Creating an investment plan and staying the course builds wealth over the long-term. It’s easy to fall into the trap of making emotionally-charged decisions. These come in a variety of flavours but the two most common are: 1) timing the market, and 2) panic selling. Timing the market means that investors think they can follow a buy-low, sell-high strategy. However, during market volatility, investors typically will do the exact opposite and will sell low, only to gain confidence and buy again when prices are higher, thus severely limiting future returns. Panic selling can make it emotionally difficult for investors to re-enter the market, thus missing out on potential gains. An important component of an investment plan is to understand your personal risk tolerance—both financial and emotional. At Educators we can help you determine your risk threshold and design an investment plan that’s right for you.

Or, learn more about Investing in The Learning Centre

Visit The Learning Centre
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Starting a family? Estate planning is key.

Estate planning is not an elective subject.

As education members, planning is your forte, yet some of us shy away from making an estate plan. Estate planning ensures that, should you become incapacitated or die, your beneficiaries will receive your assets in a timely-and tax-efficient manner. A comprehensive estate plan should include an up-to-date Will and Power-of-Attorney. It may also include Power-of-Attorney for Personal Care and/or a Trust.

At Educators Financial Group, we are committed to providing members of the education community with financial advice and services to fulfill their unique needs. To find out more about estate planning, visit The Learning Centre.

Or, learn more about Investing in The Learning Centre

Visit The Learning Centre
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How you can benefit from market volatility?

A pre-authorized contribution plan (PAC) is a fixed contribution at regular intervals to your investment account. During periods of down market volatility, a PAC makes your money go further because you are able to acquire more mutual fund units and lower the overall cost base of your investments.

Or, learn more about Investing in The Learning Centre

Visit The Learning Centre
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What are six key questions in building my portfolio?

  • 1. What are your life goals?

    We all have things we wish to accomplish—whether it’s taking a dream vacation, taking a leave (4 over 5), or buying your first home. The time horizon for each goal is different, therefore the investment products in your plan should reflect this. A solid investment plan addresses short-, medium- and long-term goals.

  • 2. What is your risk comfort level?

    Markets constantly fluctuate but your blood pressure shouldn’t go along for the ride. At Educators Financial Group, we help clients measure and understand their risk tolerance. This way, your investment plan reflects both your financial but also your emotional tolerance for market swings.

  • 3. Are your investments diversified?

    Based on your risk tolerance and investment goals, your portfolio should be diversified across three main asset classes:

    • Cash
    • Fixed income investments
    • Equities

    Mutual Funds offer an easy way to diversify your portfolio across these asset classes and share in the returns of the many companies within each asset class, regardless of your account size.

    Typically, when economic conditions have a negative effect on one asset class, another class may rise, or experience a more moderate drop. By spreading your risk across different asset classes, your portfolio is protected from excess volatility. Within each asset class, you can further diversify by choosing different types of investments.

  • 4. Do you review and re-balance your portfolio annually?

    Life goals and circumstances change. At a minimum, portfolios should be reviewed and, if needed, re-balanced annually. Be pro-active with your investments. Think of yourself as the CEO of your portfolio. When you experience a major life change, such as marriage or divorce, an addition to the family or a role/school board change or health change, consult your advisor. At Educators, we are here to help you reach your financial goals.

  • 5. Do you stick with your investment plan?

    Once you have established your investment plan, all you need to do is stay the course. Markets go up-and-down. But don’t fall into the trap of reacting to every market change. The best way to build wealth over the long-term is to make regular contributions to your investment plan, regardless of current market levels.

  • 6. Are you working with the right advisor?

    At Educators Financial Group, we understand the unique needs of the education community. We will coach you to clarify your goals, understand potential risks and to establish realistic timeframes. Our financial specialists put your interests first— which is as it should be.

    Educators Financial Group has a team of experienced financial specialists who can help you get started on your portfolio, whether you’re starting from scratch, or just want a second opinion on the investments you already have.

    Call us today to speak to a Financial Specialist.

Or, learn more about Investing in The Learning Centre

Visit The Learning Centre

Our investment approach and portfolio managers

While we offer a diverse range of investment products, we believe that active management and strict oversight of the portfolio manager's performance will lead to solid returns and help manage risk over market cycles. That is why we offer the Educators family of mutual funds. This way, we are able to select and partner with portfolio managers who have a proven track record in varying market conditions and extensive institutional pension plan experience.


Our service is designed with the education community in mind.

Evening, early morning — even lunch time appointments just scratch the surface of the kind of experience we want you to have with us. We're here to make your financial goals a reality in the most convenient way possible.

Planning

We understand your unique needs as an educator. Our goal is to work with you to help you achieve your financial goals, while navigating pension income fluctuations and potential gaps. We take a practical and team-based approach of reducing risk while balancing your life goals with a sound investment strategy.

Pre-authorized contributions (PAC)

With a PAC, a pre-arranged amount (determined by you) is withdrawn from your chequing account on a regular timeframe, such as weekly, biweekly, semi-monthly and monthly, then deposited directly into your investment account. That’s the beauty of a PAC – it’s automatic and you control how much you want to contribute.

Bill payment

Making contributions to your account(s) has never been easier. Simply add "Educators Financial Group" as a bill payee to your personal online banking account. Now you're ready to transfer cash from your bank account to your Educators' RRSP, RESP, TFSA, and Non-Registered accounts.

Paperless statements

We want to provide “Smarter, Faster, Greener” solutions when it comes to everything from the products we offer, to the way you receive information from us. Sign up to access your account through our client portal and request paperless statements. It's that easy!

Why wait to plan your future?

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