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|
||
Monthly Income Sources
| How much will you have if you become disabled? |
|
Name
|
|
|
is disabled
|
is disabled
|
||
| Partner's income |
0
|
0
|
Partner's income
Enter any income that your partner can provide. |
| Government sources |
0
|
0
|
Government sources
Enter benefits from Worker's Compensation, Employment Insurance or CPP Disability benefits. |
| Existing disability insurance coverage |
0
|
0
|
Existing Coverage
Enter the total amount of coverage you have through group and private disability insurance plans. |
| Investments |
0
|
0
|
Investments
Income from investments returns or from sale of investment, real estate or business assets. |
| Emergency savings |
0
|
0
|
Emergency Savings
If you have emergency savings set aside, enter these here. |
| RRSP withdrawals |
0
|
0
|
RRSP Withdrawals
These may be a last resort as withdrawals are taxable and have a negative impact on your retirement fund. |
|
Other
|
0
|
0
|
|
|
Other
|
0
|
0
|
|
|
Other
|
0
|
0
|
|
| Total Monthly Income Sources | $0 | $0 |
Monthly Expenses
| What expenses need to be covered? |
|
Name
|
|||
|
|
is disabled
|
is disabled
|
|||
|
Canada
|
|||||
| Average Expenses |
Average Expenses
These figures represent the average expenditure per household in 2017. (Source: Statistics Canada: Household Spending, Canada, Regions and Provinces, Table 11-10-0222-01) |
Monthly
|
Monthly
|
||
| Housing | $2,148 | Copy-> |
0
|
0
|
Housing
Include all housing costs such as mortgage/rent, utilities, property taxes, repairs, furnishings. |
| Transportation | $1,059 | Clear |
0
|
0
|
Transportation
Include all vehicle (fuel, financing, insurance, repairs) and commuting costs. |
| Food | $835 |
0
|
0
|
Food
Include amounts spent at grocery stores, restaurants and on alcohol and tobacco. |
|
| Insurance/Pensions | $428 |
0
|
0
|
Insurance/Pensions
Include insurance premiums and contributions to RRSPs, TFSAs and RPPs. |
|
| Recreation | $332 |
0
|
0
|
||
| Health Care | $323 |
0
|
0
|
Health Care
Include amounts spent on health care and personal care. |
|
| Clothing | $286 |
0
|
0
|
||
| Gifts/Charity | $185 |
0
|
0
|
Gifts/Charity
Include gifts of money, support payments and charitable contributions. |
|
| Miscellaneous | $165 |
0
|
0
|
||
| Education | $161 |
0
|
0
|
||
| Subtotal | $5,923 |
0
|
0
|
||
|
Other
|
0
|
0
|
|||
|
Other
|
0
|
0
|
|||
| Total Monthly Expenses | $0 | $0 | |||
Income Need
Disclaimer
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ©Copyright 2019 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ©Copyright 2019 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.
