Surprise! Annuities beat RRIFs

Republished From The Financial Post

Original Post By Fred Vettese

I reconciled myself a while ago to the fact that once you reach 75, buying an annuity makes sense. Not that most people do it, but actually it is a better option than drawing income from a registered retirement income fund (RRIF). I still figured that if someone retired in their early 60s, they would be…