Sun Life's Money for Life
Guaranteed Income For your Lifetime
Guaranteed Income from Sun Life
If you want to guarantee that you have a guaranteed life income, then one way is to follow the money for life program which Sun Life has started.
All of the savings, pension plans, RRSPs and the likes are really there for just one reason. And that is to have the saved capital which will guarantee you a life income for life.
What the Sun Life, money for life does explain all the options you have to make this happen. You can have plain vanilla life annuity or participate in various ways.
Money for Life provides a monthly income for your lifetime
Most people want a regular guaranteed income stream in retirement, without the low interest rates of GICs or the excitement of a volatile stock market. That means they want income by means of a guaranteed cheque each month in their bank account.
Whether it is a money for life program or one of the many versions of an ordinary life annuity, you need to save and plan for retirement.