Thursday, October 6, 2016


11:45 AM


I have a client who would like to input their RESP assets and also build into their plan the expense they will incur to put their two children through university so that the financial impact of this is built into their retirement plan.


First, on the File Manager page, go to the Applications tab and select 'Education Planning'. This will help determine the annual amounts that need to be saved toward education.

Then, go in the RetireWare file of your user, and on the Finances menu, select 'Budget Information'. You can Enter the planned annual savings and existing balance in Non-retirement Savings and Assets under RESP.

The savings will show in the income forecast and in the (pre-retirement) budget on the Review page. It may be a good idea to complete the information in 'Pre-retirement Expenses' to get a complete budget.


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