We all want to have a sustainable income when we retire. But given the risks and challenges we face in retirement, how do we find out if our savings will last?
Manulife uses a financial calculator that measures your Retirement Sustainability Quotient—RSQ for short.
The Retirement Sustainability Quotient is a measure of the likelihood of how sustainable your retirement income will be. The RSQ can range all the way from zero… no likelihood of sustainability at all, to 100 percent… where your income will last for the rest of your life.
