Commuted Value vs. Lifetime Pension...Which Pension Option Should You Choose?

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In this video, we'll discuss the differences between commuted value & the lifetime pension amount. With interest rates being so low, we have started to see more and more people take the commuted value option, but make sure you run the numbers!

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TIMESTAMPS
0:00 - 2 Options
2:35 - Structure of the Options
5:26 - How Does Healthcare Factor In?
6:02 - Lifetime Pension Example
7:55 - Commuted Value Example
11:01 - How The Calculation Works
17:13 - Importance of RRSP Room
19:47 - Summary

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DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes.

The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content.