Sun Life One Plan

Retirement looks different for everyone and no matter what it looks like, or how far away it is, we’re here to help. Plan Members can take advantage of the tools and advice that can help turn big decisions into easy choices.  

Many plan members need support and guidance on their financial and retirement journey. Sun Life is here to provide seamless support leading up to and through retirement.

Plan members can get started on creating a personalized financial roadmap using one of our great tools below:

In less than 5 minutes, they can use this tool to begin building a retirement plan, regardless of where they are in their retirement journey.

With our new retirement planner, they’ll be able to:

  • Complete a plan in less than 5 minutes.
  • Create retirement goals, and
  • Determine an estimated retirement age and income projects.

Plan members can choose to self-serve, get assistance from a licensed consultant, and if they decide they want a more in-depth plan, they can use Sun Life One Plan and create a full planner.

New retirement planner video

Most Canadians say they don’t know how much money they’ll need to retire, and less than half have a financial plan in place. *

Deciding how much to put aside for retirement can be daunting.

The new Retirement Planner can help simplify those decisions. In less than 5 minutes you can get a snapshot of what your retirement income will look like.

To save you time, everything Sun Life knows about you is automatically filled in. Simply add in any additional details to create a snapshot of where you stand today. In no time you’ll have an idea of how much income you’ll have each month in retirement and the age you’ll likely be when you retire.

The Retirement Planner is just the beginning. You can plan in more detail by upgrading to a Sun Life One Plan. You can do this at any time, either on your own or with a licensed financial services consultant**. It is a powerful, and easy-to-use planning tool that takes your work from Retirement Planner and adds the ability to plan for your whole family. With Sun Life One Plan you’ll receive personalized recommendations that turn the decisions you make on the journey to retirement into a step-by-step plan you can follow.

No matter what you have planned for retirement or how far away it is, we’re here to help you. Take advantage of the tools and advice that will help you turn big decisions into easy choices.

Log into mysunlife.ca to get started.

 

*Survey methodology: This survey was conducted by Innovative Research Group between August 31 and September 7, 2023, with an online sample of 5,670 Canadian citizens ages 18 years or older. The sample has been weighted to a weighted sample size of 5,000, by age, gender, region, and education using the latest Statistics Canada Census data to reflect the actual demographic composition of the Canadian population.

**Financial services consultants are registered as financial security advisors in the province of Quebec.

Plan member flyer

Plan sponsor FAQ

With Sun Life One Plan, plan members can unlock a lifetime of possibilities. The full planner allows them to create a more in-depth financial roadmap for their financial needs and protect their future. Sun Life One Plan is a simple, easy-to-follow goal-based planning tool. It provides plan members with advanced features, such as:

  • Real time tracking towards their savings goals.
  • Personalized strategies to help get them closer to retirement sooner.
  • Freedom and flexibility to make changes to their plan as life circumstances changes.

Just like the Retirement Planner, plan members can self-serve to create a plan, receive on-demand guidance from the Client Solutions Centre (CSC) or get help from a licensed consultant.

Plan members can get support at any stage or work directly with a licensed consultant* from the beginning

360 Plan Advice

Offers one-to-one support through licensed financial services consultants that are dedicated to workplace savings plans, at no additional cost.

Plan members can reach out to a licensed consultant at any stage in their career or retirement planning to begin building a financial roadmap.

Welcoming members

  • Enrol in the plan
  • Understand and maximize the value of their workplace plan
  • Advice in selecting investments

Supporting members throughout their journey

  • Ongoing member engagement initiatives by digital and phone support, to provide the right solution at the right time
  • Investment Advice
  • Sun Life One Plan
  • Retirement tools on the plan member website

Retirement planning

  • Recommending on income product solutions
  • Converting savings to income at retirement
  • Consolidating assets
  • Flexible planning in retirement
360 Plan Advice Video thumbnail

Plan members need guidance on their financial and retirement journey.

Sun Life provides it, with seamless support from hire to retire, and beyond. Introducing Sun Life 360 Plan Advice, a one-on-one personalized support service with Sun Life consultants through workplace plans, at no additional cost.

With 360 Plan Advice, plan members can call or book an appointment online when it’s convenient for them.

Throughout a plan member’s journey, dedicated consultants can provide support for all financial goals. They also help plan members understand the value of their workplace plan – and how to maximize its benefits.

Consultants can continue their relationship with plan members in retirement and help them convert savings into income.

360 Plan Advice is powered by our state-of-the-art financial planning tool, Sun Life One Plan. A simple, easy-to-follow, goals-based tool that lets plan members create a financial plan – and update it as their life circumstances change.

With 360 Plan Advice and Sun Life One Plan, plan members get the full support they need to feel confident about their financial future, and enjoy their freedom – to and through retirement.

Plan members can reach us in two simple ways:

  1. Book an appointment directly with a consultant.

    or

  2. Call our Client Contact Centre at 1-866-634-4840 Monday to Friday, 8 a.m. to 8 p.m ET.

* Registered as financial security advisors in Quebec.