Make your money last as long as you do
with the Longevity Pension Fund. We're here to help you create a stable ﬁnancial foundation so you can reach your post-work goals...because ambition never retires.
See how much Longevity can pay you
Expected income distributions from the Longevity Pension Fund start at a level higher than most lifetime products (6.15% for people 65-67 today) and have been designed to rise over time. Actuarial modelling shows a high degree of confidence that these rates should rise in the years ahead. Enter your age and investment amount above, and this chart will plot the income this fund will aim to provide.
Retirement planning doesn't start at retirement
which is why Longevity has two classes designed for each phase of life. Find out more by downloading our fund brochure and prospectus.
For Canadians Under 65
For Canadians 65+
How does it work?
Income for life
Receive income that lasts your entire life** through monthly distributions so that you can retire with confidence and peace of mind.
Redeem your unpaid capital if you need it back or have it returned to your estate if you pass away.
Secure a high starting income rate vs. other lifetime income products that’s designed to increase over time.
Need a clearer picture?
Fred Vettese explores how the fund might perform in different market scenarios.
Retirement should be spent doing things you love
The Longevity Pension Fund gives you the flexibility to redeem the lesser of your unpaid capital or your net asset value at any time.
Income for life
The Longevity Pension Fund is the first solution fully accessible to all Canadians designed to provide lifetime income. Investors can expect payments every month for as long as they live, starting at 6.15%** annually for individuals 65 years of age.
Income for security
Longevity's mutual fund structure offers the potential for much higher income payments than traditional lifetime income solutions, with the opportunity for significant pay increases as you get older.** Life should get better with age, and you should feel confident that your finances will too.
® Registered trademark of Longevity Funds International Inc.; used under license. Patent pending.
These figures are for illustrative purposes only. Distributions and returns for investment funds may fluctuate and are never guaranteed. This should not be considered investment advice or financial advice, and is not tailored to the needs or circumstances of any investor. Always reach out to professional advisors to consider your unique circumstances prior to investing.
*You can always access the lesser of unpaid capital (initial value of your investment less any income payments made) or your net asset value. Fees may apply. Please review the prospectus or speak to your advisor for more details. Certain statements in this document are forward-looking.
**The Longevity Pension Fund is designed to provide income for life, with an initial targeted annual income payment of 6.15% for a 65-year-old individual. The payments are designed to increase over the long term; however, they may go up or down to reflect the performance of the underlying investments and other factors such as mortality experience of the cohort. A traditional lifetime income solution could include a lifetime income annuity with a 10-year guarantee period, which has on average a fixed starting payment of 5.76% for 65-year-old males (Source: Cannex, May 19, 2021).
Forward-looking statements are not guaranteed. Certain statements on this site may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose believes to be reasonable assumptions, Purpose cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.