Saturday, November 7, 2009, 4:53PM ET - Canadian Markets Closed.
Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating a sound financial plan for you and your family. This step usually requires the purchase of a life insurance policy to ensure that your family's needs will continue to be met, even after your untimely death cuts your earnings potential short.
| Age, Income and Assumptions | Input |
|---|---|
| Immediate Cash Needs | Input |
| Long-Term Income Needs | Input |
| Available Resources | Input |
This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.
| Mortgages Type | Rate |
|---|---|
| 1-yr Closed | 3.59% |
| 3-yr Closed | 4.22% |
| 5-yr Closed | 5.07% |
| GICs Type | Rate |
|---|---|
| 1-yr Annual | 0.98% |
| 3-yr Annual | 2.16% |
| 5-yr Annual | 2.80% |
| RRSP Type | Rate |
|---|---|
| 1-yr | 0.97% |
| 3-yr | 2.13% |
| 5-yr | 2.78% |
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