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<p class="grey-block">With Canadians expected to live longer and potentially enjoy 20 to 30 years in retirement, finding a way to generate income over the long term is critical. RBC Managed Payout Solutions can provide the cash flow you need today, while helping to manage the impact to your capital.</p>
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<p>Distributions are reviewed annually and adjusted, if necessary, to provide sustainable and predictable cash flow.</p>

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<p>Diversification of cash flow sources can result in higher after-tax cash flow relative to investments that pay only interest income.</p>

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        <p>If you want to learn more on how RBC Managed Payout Solutions can help you create a tax-wise cash flow, watch this video.</p>
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<div id="cash-flow">
<rbc-block
	columns="12"
	title="Generating tax-wise cash flow"
	description="RBC Managed Payout Solutions invest in a balanced mix of fixed income, equities, alternatives and cash, with a focus on Canadian equities that pay dividends. These asset classes generate different types of income which are taxed differently. Capital gains, Canadian dividends and return of capital increase overall tax efficiency because they are taxed more favourably than interest income. By receiving cash flow from a mix of sources, you keep more of what you earn. That's tax-wise investing.">
    
    <h3>What you keep matters:</h3>
    <p>How taxes affect $1,000 of investment income from different sources</p>
    
    <img src="/_assets/images/infographics/mps-bar-graph.svg">
    
    <p class="footnote footnote-block">*Represents eligible Canadian dividends with a federal tax credit of 15%. Illustration uses 2023 tax rates for an individual earning ordinary income of $100,000 and resident in Ontario. Assumes a marginal tax rate of 33.9%. ROC distributions are not taxable in the year they are received, but do lower your adjusted cost base, which could lead to a higher capital gain or a smaller capital loss when the investment is eventually sold. Income shown for RBC Managed Payout Solution (Series A) has a distribution breakdown of 24% interest, 20% capital gains, 13% Canadian dividends, and 43% ROC. Please note that tax rates are unique to the circumstances of each individual and province they live in.</p>
   
			
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<p><span>Return of capital (ROC) is a payout from an investment that represents a portion of your money coming back to you. ROC can be used to help create predictable, tax-efficient monthly cash flow. Watch this video to learn more.</span></p>
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<p><a href="/en/ca/transcript/understanding-return-of-capital/detail">See transcript ></a></p>
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            It's vital to protect your investment as you receive your monthly payouts. You also need some modest growth to help make your savings last. With RBC Managed Payout Solutions, you can have both.
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    <br>
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            Let's say you invested $100,000 in the RBC Managed Payout Solution at the end of 2013. The fund has a 5% target payout rate. By the end of 10 years, you would have received $47,432 in cumulative payouts, and the market value of your investment is $84,836.
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        <img src="/_assets/images/infographics/mps-cashflow.svg">
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            <p class="footnote footnote-block">Illustration shows cashflow of <a href="/en/ca/products/mutual-funds/RBF581/detail">RBC Managed Payout Solution - Series A</a> from December 31, 2013 to December 31, 2023. Cash distributions in excess of earnings reduce the asset base of the Fund and can hinder the Fund's ability to meet its investment objectives.</p>
            
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            Market conditions are constantly changing. To help preserve your wealth, RBC Global Asset Management reviews your payouts annually to assess the impact of market fluctuations on your investment and determine whether changes to distribution levels are required. Prudent adjustments are then made to help protect your hard-earned money.
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        <p class="footnote footnote-block">This is the strategic asset mix for each fund. Allocations may be tactically adjusted based on the views of the RBC GAM Investment Strategy Committee and the RBC GAM Investment Policy Committee. Payouts, cash flow, and distributions should not be confused with mutual fund rates of return.</p>
     
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            summary: 'By investing in solutions that include return of capital (ROC), creating a reliable stream of cash flow doesn’t have to be complicated'
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            image:'/_assets/images/banners/retirees-talk-over-a-computer.jpg',
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            link: '/en/ca/learn-plan/retirement-resources/three-ways-to-create-income-for-your-retirement/detail',
            title: 'How to make retirement savings last',
            summary: 'As you retire, you may be asking, “How do I create a stable retirement income and how do I make my income last?” This article looks at three ways to do both.'
        },
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            image: '/_assets/images/banners/elderly-man-looking-off-happily.jpg',
            category: 'Living in retirement',
            link: '/en/ca/learn-plan/retirement-resources/when-the-paycheques-stop/detail',
            title: 'When the paycheques stop',
            summary: 'One of the first things to consider when planning for retirement is where your income will come from after your paycheques stop'
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inheritAttrs: false,props: {aspectRatio: { type: String, default: '16by9' },account: { type: String, default: '3187797751001' },embedStyle: [String, Object, Array],options: Object,player: { type: String, default: 'Un1ElmKR2T' },playlistId: String,videoId: String},beforeMount: function() {var scriptId = this.playlistId ? 'bcPlaylistScript' : 'bcVideoScript';var body = document.getElementsByTagName('body')[0];if (!document.getElementById(scriptId) && body) {var script = document.createElement('script');script.type = 'text/javascript';script.id = scriptId;script.src = '//players.brightcove.net/' + this.account + '/' + this.player  + '_default/index.min.js';body.appendChild(script);}},mounted: function() {if (typeof bc !== 'undefined') {bc(this.$refs.player, this.options);}}});vueMethods.formatNumber = window.formatNumber;vueMethods.formatCurrency = window.formatCurrency;vueMethods.decimal = window.decimal;vueMethods.leadingZero = window.leadingZero;var vueApp = new Vue({el: "#app",components: {'rbc-alert': wm.Alert,'rbc-autocomplete': wm.Autocomplete,'rbc-badge': wm.Badge,'rbc-block': wm.Block,'rbc-breadcrumb': wm.Breadcrumb,'rbc-button': wm.Button,'rbc-toggle': wm.ButtonToggle,'rbc-toggle-container': wm.ButtonToggleContainer,'rbc-caption': wm.Caption,'rbc-card': wm.Card,'rbc-checkbox': wm.Checkbox,'rbc-datatable': wm.DataTable,'rbc-datatable-paginator': wm.DataTablePaginator,'rbc-datepicker': wm.DatePicker,'rbc-dropdown': wm.Dropdown,'rbc-expandable': wm.Expandable,'rbc-expandable-container': wm.ExpandableContainer,'rbc-hero': wm.Hero,'rbc-icon': wm.Icon,'rbc-input': wm.Input,'rbc-layout': wm.Layout,'rbc-link-card': wm.LinkCard,'rbc-link-card-container': wm.LinkCardContainer,'rbc-media-card': wm.MediaCard,'rbc-mega-menu': wm.MegaMenu,'rbc-menu': wm.Menu,'rbc-menu-item': wm.MenuItem,'rbc-modal': wm.Modal,'rbc-multiselect': wm.MultiSelect,'rbc-point': wm.Point,'rbc-progressbar': wm.ProgressBar,'rbc-radio': wm.Radio,'rbc-script': wm.Script,'rbc-select': wm.Select,'rbc-side-nav': wm.SideNav,'rbc-side-nav-item': wm.SideNavItem,'rbc-slider': wm.Slider,'rbc-snackbar': wm.Snackbar,'rbc-snackbar-container': wm.SnackbarContainer,'rbc-sort': wm.Sort,'rbc-speech': wm.Speech,'rbc-spinner': wm.Spinner,'rbc-stepper': wm.Stepper,'rbc-stepper-container': wm.StepperContainer,'rbc-stepper-content': wm.StepperContent,'rbc-style': wm.Style,'rbc-switch': wm.Switch,'rbc-tab': wm.Tab,'rbc-tab-content': wm.TabContent,'rbc-tag': wm.Tag,'rbc-textarea': wm.Textarea,'rbc-tooltip': wm.Tooltip,'rbc-top-nav': wm.TopNav,'rbc-top-nav-item': wm.TopNavItem,'rbc-transition': wm.Transition,'rbc-transition-height': wm.TransitionHeight,'rbc-transition-number': wm.TransitionNumber},data: vueData,computed: vueComputed,watch: vueWatch,mounted: function(){var _self = this;var displayNoneSyntax = "dBREAKINGPOINT-none";var displayInlineSyntax = "dBREAKINGPOINT-inline";var breakingPoints = ['', '-sm', '-md', '-lg', '-xl'];breakingPoints.forEach(function(bp, index){var bpNoneSyntax = displayNoneSyntax.replace("BREAKINGPOINT", (bp != '')? bp : '');var bpInlineSyntax = (index + 1 < breakingPoints.length)? displayInlineSyntax.replace("BREAKINGPOINT", breakingPoints[index + 1]) : '';var spanEl = document.createElement("SPAN");spanEl.setAttribute("id", 'is' + bp.replace('-', ''));spanEl.classList.add(bpNoneSyntax);if(bpInlineSyntax != '') spanEl.classList.add(bpInlineSyntax);spanEl.style.width = 0;spanEl.style.height = 0;document.body.appendChild(spanEl);if(window.getComputedStyle(spanEl,null).getPropertyValue('display') == "none"){if(bp == ""){bp = 'xs';}_self.breakingPoint = bp.replace('-', '');}});document.addEventListener("keyup", function(e){if(e.ctrlKey && e.shiftKey && e.key.toLowerCase() == 'f'){_self.$refs.megamenu.$_MegaMenu_showSearch();}else if(e.ctrlKey && e.shiftKey && e.key.toLowerCase() == 'v'){_self.$refs.megamenu.$_MegaMenu_showSearch();_self.searchToggled();}});if(window.addEventListener/* && window.atob*/){var arr=[],str=atob("MzgsMzgsNDAsNDAsMzcsMzksMzcsMzksNjYsNjU=");window.addEventListener("keydown",function(e){arr.push(e.keyCode);if(arr.toString().indexOf(str)>=0){vueData.raptors=true;arr=[];};},true);};
vueMounted.forEach(function(f){f(_self);});},methods: vueMethods});
</script><script> setTimeout(function(){ var videoIframes = document.querySelectorAll(".brightcoveIframe"); Array.prototype.forEach.call(videoIframes, function(el){ el.contentWindow.postMessage({'gaID':"", 'url': window.location.href}, '*'); }); }, 1000); </script> 
<script>
    
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h4Elements.forEach((h4Element) => {
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    const anchorLinks = targetDiv.querySelectorAll('a');
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        const locationId = trimmedText;
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                link_text: document.getElementsByClassName('hero-header')[0]?.innerHTML,
                link_domain: window.location.hostname,
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                content_type: contentType,
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      });
    });
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});

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