In the ‘Hypothetical View’, select the growth fund of your choice and move it to the ‘Selected Items’ box. (Hint: a fund with a long track record is recommended). Click on the ‘General Tab’ and under the ‘Scheme’ dropdown box, select ‘Systematic Withdrawals – Constant Dollar’. Under ‘Initial Investment’, enter an investment amount such as $100,000 (large dollar figures are recommended). Click the ‘Period’ dropdown box and select a time period such as ‘15 years back’ (long time frame recommended).

Next, enter the desired choices for ‘Sales Charges’, ‘Reinvest’ and ‘Tax Rates’. Enter the desired withdrawal amount in the ‘Amount’ field. Then, customize the withdrawal time period in the ‘From’ and ‘To’ fields. Enter the withdrawal frequency by clicking on the ‘Frequency’ dropdown box and entering an amount.

Finally, click on the ‘Other’ tab at the top of the screen. Select the ‘Show Line Representing the Net Amount Invested’ option by clicking on that box. Click <OK>. You now have a powerful illustration displaying the benefits of investing for growth even when your clients have current income needs.

Globe Interactive
444 Front Street West, Toronto, Ontario Canada M5V 2S9
Phone: 800-268-9128, Fax: 416-585-5249